What is Net Worth?

What is Net Worth?

Why Is It Important to Know Your Net Worth?

How to Calculate Your Net Worth?

How Often Should I Calculate My Net Worth?

How to Increase Net Worth?

How to Increase Income?

Optimizing Liabilities

Conclusion

Coming Up Next

Know how much you can afford

Helps you make better financial decisions

Better goal planning

Step 1

Step 2

Step 3

Assets

Liabilities

More Income, lesser liabilities

Focus on building assets

Ensure you do not spend too much on wants

Save enough money to cover your expenses for six months

Consider if freelancing suits you

Learn new skills

Explore business ideas

Prioritize debt repayment

Avoid unnecessary debt

Refinance loans

What is the Time Value of Money?