Start with Planning
- Set Your Goals
- Determine What You Can Use for Emergency Funds
- Calculate Your Net Worth
- Record Your Expenses
- Bring Your Family into the Picture
Calculate Your Net Worth
The next step is to find out where you are. You need to know exactly what you own (your assets), what you owe (your liabilities) and what, if anything, is left over (your net worth). This is called a net worth statement or balance sheet.
Take all the things you own − All the money you owe to others = Your net worth
Your net worth amount tells you how much wealth you have accumulated over the years. If you are disheartened by the figure, you're not alone. Many people want to throw up their hands and give up at this point. But stay with us! We are going to show you how to do something about it.
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Securities and insurance products are offered through INFINEX INVESTMENTS INC. and its affiliates, member FINRA/SIPC. Infinex Investments Inc. and Exchange Investment Services, Inc. are independent entities.
Securities and insurance products are offered through INFINEX INVESTMENTS INC. and its affiliates, member FINRA/SIPC. Infinex Investments Inc. and Exchange Investment Services, Inc. are independent entities.
Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Guaranteed by any Government Agency | Not a Bank Deposit
This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. Infinex Investments Inc. registered representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all the investments and services mentioned are available in every state.
