What Is Net Worth? (Simple Explanation)
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💸 My net worth breakdown as a 31 year old working a corporate 9-5. Net worth is honestly a pretty pointless statistic in my eyes because it only tells half of the story. Two people with the exact same net worth can be in two completely different financial circumstances. 1️⃣ $1 million net worth with a house worth $1 million and no cash 2️⃣ $1 million net worth with a $300k house and $700k in cash Both of these people have the same net worth, but arguably person 2 is in a much better financial s
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💸 My net worth breakdown as a 31 year old working a corporate 9-5. Net worth is honestly a pretty pointless statistic in my eyes because it only tells half of the story. Two people with the exact same net worth can be in two completely different financial circumstances. 1️⃣ $1 million net worth with a house worth $1 million and no cash 2️⃣ $1 million net worth with a $300k house and $700k in cash Both of these people have the same net worth, but arguably person 2 is in a much better financial s
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