Do You Know Your Net Worth?
One of the best places to start out when developing a plan for yielding wealth is your net worth. Taking the time to figure your net worth is an exercise in good financial planning. Why? Because it lets you know where you are at right now. This is important. In order to plot out where you are going, you have to know where you are starting from.
The easiest way to calculate your net worth is to add you your assets and your liabilities. Then subtract your liabilities from your assets. The result is your net worth. This net worth calculator from Dinkytown.net is a fun way to figure your net worth, and then project it out over the next 10 years.
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POSTED IN: Personal Finance
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