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Does Your Net Worth Really Matter?
So much of what we hear reported in the news stratifies individuals based on their net worth. It’s an easy measure to help quantify economic markers, but is it really a good measure of your wealth and financial health?
Calculating Your Net Worth: Where are You Today?
Before we can do anything to help our finances, we have to understand our starting point and how to marry that with the goals we’ve set. I call this part taking inventory… It’s where we list out everything that we own or owe so we can see exactly what our true financial picture at this point in time looks like.