Defining Net Worth Liquid? calculating your liabilities

calculating your liabilities
Liquid Net worth is simply the subtraction of all your assets from your total liabilities. Hence, in theory, the richest man would be the person having the most considerable cash flow to liabilities difference.

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Have you ever heard of the term richest man alive? How do you think about that out of all the people in the world, we are able to identify the richest man in the world? Although some might believe that it is your total income that makes you the richest man, it is the net worth that decides where you stand financially.

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