Net Worth

What’s Behind the Net Worth Door?

What can you learn from your Net Worth statement?  Net Worth statements provide a check for what is changing from year to year, but they also have some great hidden ratios that help you understand your patterns.  Here’s what to look for: What changed from year to year? If net worth went up in investments or reduction of debt, GOOD! If it went up due to new possessions (like a car or home), NOT GOOD! If net worth stayed the same, but debt went [...]

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