Here’s what I love about Millennials: our generation wants to learn about money. Young professionals want to know how to be better with money than their parents and their peers. They want to avoid making the same mistakes, and to ensure their financial future is secure. I love that Gen Y is eager to learn and is asking questions like, “How can I be financially successful?” If you turn to … [Read more...] about Gen Y: Should You Save More or Earn More?
How Do I Calculate My Net Worth?
YOUR NET WORTH = WHAT YOU HAVE – WHAT YOU OWE It’s that simple. A few times a year, I take a moment to calculate my net worth. I pull up my spreadsheet, log into my accounts online, and enter the balance of each of my retirement accounts, savings, investments, etc. I don't own a home, but if you do, make sure to include its approximate value. Then I enter any debt that I have. For you, … [Read more...] about How Do I Calculate My Net Worth?