Question

1. what is net worth?

a. the total of your monthly expenses
b. your total credit card debt
c. the difference between your assets and your liabilities
d. the amount of money you earn annually

Explanation:

Net worth is a core financial term that measures an individual's or entity's financial standing. It is calculated by subtracting all outstanding debts (liabilities) from all owned valuable items and funds (assets). Option a refers to monthly expenses, option b is a specific type of liability, and option d is annual income, none of which define net worth.

Answer:

c. The difference between your assets and your liabilities