Net Worth by Age: When Will You Be Rich?
Everyone has a net worth, but it’s often a confusing number that’s hard to figure out.
Essentially, your net worth is the difference between your assets and your liabilities. To put it simply, it measures the assets and liabilities of a person.
Many people focus on their bank account balance or income as the most important metric, but neither of these is an accurate indicator of what they have – or do not have. The net worth is a more precise measure of your wealth because it includes several factors, including some that are hidden.[Read more…] about Research Shows Your True Net Worth By Age