Net Worth: Your True Financial Snapshot
Net Worth: Your True Financial Snapshot Ever wondered what your financial standing really looks like? Many people focus on their income, or perhaps their savings account balance, but these only tell part of the story. If you want a comprehensive, honest assessment of your financial health, you need to look at your net worth. It’s the ultimate financial report card, a single number that reflects your entire financial picture. This post will guide you through understanding net worth, what it is, how to calculate it, and most importantly, why tracking it is crucial for your financial journey....