What Your “Net Worth” Is, Why You Should Always Know It, & How To Calculate It

As someone new to the world of personal finance, I’ve spent the last couple of years learning a lot of information. 401(k) rollovers, high-interest savings accounts, budgeting apps, side hustles, the list goes on. I’ve accomplished so much, but I didn’t get my hands fully around my financial strategy until earlier this year, when I learned about net worth and calculated mine for the first time.

Read the rest at The Financial Diet.

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