Do you know your net worth? That’s how much is left after subtracting your debts from the total value of your cash and assets. At first glance, figuring out your net worth may seem pointless. You’re probably not going to bump Warren Buffett or Bill Gates from their spots on any “World’s Wealthiest People” list […]
Tag Archives | Net worth
Profitable Ideas: What It Means to Be Rich, The Storage Unit You Call Home, and more.
A weekly roundup of some of the best personal finance articles from around the web. What it means to be rich: The difference between income and wealth (Get Rich Slowly). This point may seem basic, but it’s really important. In fact, it was a central point in one of the best personal finance books I’ve ever […]
Million Dollar Questions for Couples
Are you engaged or married? See if you can both answer these three questions: If the chance of getting a disease is 10 percent, how many people out of 1,000 would be expected to get the disease? If five people all have the winning numbers in the lottery and the prize is $2 million, how […]
Rethinking the Net Worth Statement
“Be sure you know the condition of your flocks, give careful attention to your herds.” – Proverbs 27:23 I’m going to go way out on a limb and guess that you may not have any sheep or cattle to look after. But you probably do have investments, a home, a car, and other stuff. All […]