Time flies! Another year has passed in a blink of an eye, did you manage to achieve your 2018 new year resolutions? If not, it is ok (I have been trying to lose weight every single year and finally did it this year. Hahaha), just set new resolutions today and work towards them starting tomorrow!
Net worth is easily one of the most important financial numbers one should know. It is like your personal balance sheet.
This is the classic comic where everyone is actually poorer than the beggar who has a net asset of $2.73. Your friend/colleague may be living in a huge condominium, driving some fancy car but it could all be financed by debts. There is absolutely nothing wrong with that as long as their income allows so. You can refer to the following articles/google on the importance of...