I keep hearing people talk about net worth when it comes to personal finance and wealth, but I’m not exactly sure what it means. How is net worth calculated, and why is it considered important?
Is it just the difference between assets and debts, or is there more to it? Also, how often should someone check their net worth to track financial health?
Would love to hear your thoughts and examples.
Is it just the difference between assets and debts, or is there more to it? Also, how often should someone check their net worth to track financial health?
Would love to hear your thoughts and examples.