Managing Assets and Liabilities is the key to building wealth. Unfortunately these terms are rarely defined in a way that is easily understood. This article breaks down the meanings of these two important terms and explains how you can increase your net worth by accumulating assets and eliminating debt.

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Assets and Liabilities: The Key to Wealth

Moving ahead financially means that your net wealth (that is, the value of your assets less the value of money borrowed) should increase from one year to the next. Do you know how much you are worth?

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How Much Are You Worth?