kherbo
Member
A lot of people think they’re “up” because they have cash coming in—then a bill hits.
Basic net worth formula:
Net Worth = Assets - Liabilities
Assets: cash, investments, property equity
Liabilities: debt, loans, unpaid balances
Tracking net worth monthly keeps you honest.
Question: Do you track net worth monthly? If not, what do you track instead?
Basic net worth formula:
Net Worth = Assets - Liabilities
Assets: cash, investments, property equity
Liabilities: debt, loans, unpaid balances
Tracking net worth monthly keeps you honest.
Question: Do you track net worth monthly? If not, what do you track instead?
