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What Is Net Worth & Why It Matters
Your net worth isn't just a vanity metric for the wealthy—it's your financial report card that reveals the true state of your finances beyond monthly income.
By tracking this single number, you gain clarity on whether your financial decisions are moving you toward or away from your goals, regardless of your salary level.
Common Net Worth Misconceptions
"Only Rich People Need to Track Net Worth"
Actually, those with less wealth benefit most from tracking net worth, as it helps identify opportunities to build assets and reduce harmful debt.
"A High Income Means a High Net Worth"
Many high-income earners have negative net worth due to lifestyle inflation and debt accumulation. Income and net worth are entirely separate metrics.
"Net Worth Growth Should Be Linear"
Net worth typically follows an exponential curve—starting slow and accelerating as assets grow and compound over time.
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