What Is Your Networth?

What is your Networth?

People rarely ask themselves this question when it comes to their financial lives, but it’s a good one. Given your age, your income, your spending habits, are you rich enough?

So What do you think is your Networth?

I can only summarise is as, The money comming or accuring in your Asset   subtracted from your liability.

e.g you have 5 shops and they pay you in total 5mill/yr and your total expenses including feeding,transportation e.t.c is 4mill/yr your net worth is 1mill/yr. That is you can reinvest 1mill/yr into other asset generating income. read rich dad poor dad