Equity, adjusted gross income, stocks, bonds, current ratio, operating cash flow, assets, liabilities, net worth -- it's easy to get lost in the jungle of financial terms out there when you're trying to manage finances. Whatever happened to just measuring income and expenses? Well, when you ask yourself "how much am I worth?" it's not just a question of how much money you have in your wallet, or even your bank account, at that moment. It turns out that, depending on how and when you invest, spend or save your money, your worth varies. Liquid assets make up just one special category of your worth. Understanding it will help you get a better idea of your own financial situation.
Some people are so deep in debt they feel hopeless like there's not way out. But one agency helps people take control of their finances, wipe out debt and budget for a new home.
No one likes to think about their own death. It would be nice if we could live as if we were immortal, never having to worry about what will happen after we're gone. But death is inevitable, and we all need to plan for it.