In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Editor’s note: This is the first article in a monthly step-by-step guide for getting your financial house in order. Yes, it’s a daunting process, but we’re breaking it down into manageable steps that ...

Forbes contributors publish independent expert analyses and insights. I am a Forbes contributor covering beauty, culture and travel. Rashad Bilal, a financial advisor, and Troy Millings, an educator, ...

Mortgage technology solutions provider CoreLogic on Tuesday announced that its AutomatIQ Borrower tool is expanding to include asset and liabilities analysis capabilities. The company aims to make the ...

Average net worth peaks between ages 70 and 74. The state with the lowest average net worth is Louisiana. The wealthiest state by net worth is Hawaii. Net worth is a measure of financial stability ...

In the past five years, cryptocurrency has gone from a rare and seldom-used form of currency to a headline-grabbing monetary instrument that has the potential to change the way business is conducted.

As part of the process to be confirmed as U.S. Ambassador to Italy and San Marino, billionaire Houston businessman Tilman Fertitta was required to provide broad financial disclosures and to withdraw ...

The digitization of our world means that many people do not just rely on technology—they may actually own it. The increasing prevalence of intangible assets cannot be ignored. But when was the last ...