What is Net Worth
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=yaNmk62JjiM
🤔 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐧𝐞𝐭 𝐰𝐨𝐫𝐭𝐡? Net worth can be calculated by subtracting your #assets minus your #liabilities-- basically, all of the stuff you own minus all of the stuff you owe. • The reason net worth is so important in #personalfinance is because it's an indicator of your overall financial health. • It’s easy to look at the number in your bank account and feel good about it... but knowing your net worth provides 𝐚 𝐦𝐨𝐫𝐞 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐰𝐡𝐞𝐫𝐞 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐞𝐬 are. 📈 • It’s not all about your #income. Your financial health is more about how much you #save AND #invest. • 👉🏼 Curious what your #networth is? Check out Empower's FREE net worth calculator HERE: https://www.marriagekidsandmoney.com/...
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