Liquid Net Worth: What it is, Why it Matters, and How to Calculate It

Liquid Net Worth: What it is, Why it Matters, and How to Calculate It

Most people have heard of the term net worth, and many also have a good understanding of what it means. Net worth is quite simple; the total amount of an individual’s assets, including any cash, minus the total amount of their liabilities or what they owe. So, net worth is the value by which a…

7 Home Value Estimators to Know How Much Your House is Worth

7 Home Value Estimators to Know How Much Your House is Worth

There are various reasons that you might be interested in finding out the estimated value of your home. Perhaps you’re looking to sell in the near future, maybe you’re considering refinancing, maybe you’re calculating your net worth, or you might simply want to know how the value of your home has changed since you purchased…

15 Practical Ways to Improve Your Finances in 2020

15 Practical Ways to Improve Your Finances in 2020

The start of a new year is a great time to re-evaluate your current financial situation and begin to implement some changes that will have a big impact on your overall financial picture. Some people love New Year’s Resolutions, and others hate them. Regardless of whether or not you create resolutions, there are a lot…

Average Retirement Incomes: Have You Saved Enough for Retirement?

Average Retirement Incomes: Have You Saved Enough for Retirement?

Do you have enough retirement income to last through your golden years? Understanding how your nest egg compares to the average retirement income can help you plan and save better, to ensure you’re comfortable, secure and happy after retirement. Average Retirement Income: Mean vs. Median, Other Factors Before comparing the average earnings of other retirees…

9 Convincing Reasons Why You Should Be Tracking Your Net Worth

9 Convincing Reasons Why You Should Be Tracking Your Net Worth

There are a lot of different numbers and metrics involved in personal finance. Income, net worth, savings rate, credit score, and many others. While they all have a place, net worth is often overlooked and not emphasized. But really, in terms of finances, what matters more than net worth? Tracking your net worth is easy,…