Every once in awhile it's good to realize that net worth is the key financial measurement for us all. Yes, income is important as is spending, but net worth is really the key. It determines how well we're doing financially -- the progress we're making at growing our wealth. And on this topic, there's no better source than the great book The Millionaire Next Door. To see what this book says on the subject of net worth, see Net Worth is What Matters, a post I wrote (almost) one year ago today.
Sponsored Links..
Best of FMF
- All Money Saving Posts
- Becoming a Millionaire -- A Real-Life Example
- Eight Secrets of Financial Happiness
- Even a Small Leak Can Empty Your Money Bucket Quickly
- How Anyone Can Become Wealthy
- How to Become a Millionaire (How to Become Rich)
- How to Get Rich in Three Easy Steps
- Make Sure Your Financial Advisor is Not a Loser
- Maximizing Your Greatest Asset: Why Your Career is So Important
- Move, Save Money, Become a Multiple Millionaire -- All in One Step
- My Best Financial Advice: Spend Less than You Earn
- Richest Man in Babylon Guide to Getting Rich
- The 10 Best Money Moves You Can Make
- This Year's Graduate's Destined to Earn Millions in Their Lifetimes; Average Graduate Can Earn $25 Million if Career is Managed Correctly
- What Do You Splurge On?
- Why I Like Index Funds
- Why I Use a CPA to Do My Taxes
- You Can Go from Poverty to Prosperity
Great Offers
Search
Making Money
- Ask for a Raise
- Even More Ways to Make More Money
- Free Money Finance Guide to Making More Money
- Get Money Owed to You
- Get Your Fair Share of Back Taxes
- Make $3K Turning Blood into Money
- Make Money at Auctions
- Make Money with Credit Cards
- Maximize Your Investments
- More Creative Ways to Make More Money
- Sell Stuff You Own
- Some New Ways to Make More Money
- The Best Cash-Back Credit Card
- Turn in Tax Cheats
- Turn Your Hobby into an Extra Income
Career Posts
- All Career Posts
- Experience versus Education: Which Counts More in Career Success?
- How to Get More Pay
- Investing Versus Your Career
- Is a Career Change Right for You?
- Maximizing Your Greatest Asset: Why Your Career is So Important
- Nine Steps to a Perfect Career Fit
- Preparing for the Highest-Paying Careers
- Ten Reasons Why You're Not Finding a Job
- Ten Rules of Job Hunting
- Your Career is Your Most Valuable Asset
Disclaimer
Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. All posts are © 2005-2009, Free Money Finance.
« How Moving to a Cheaper Cost-of-Living City Can Make You Rich | Main | Slim Pickings for Real Estate Vultures -- So Far »
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451bcbd69e200d834a8026e53ef
Listed below are links to weblogs that reference Net Worth is THE Key Financial Measurement:
Comments
You can follow this conversation by subscribing to the comment feed for this post.
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
About FMF
Recent Comments
- on Facts on Billionaires -- And How to Become One
- Ron Harvey on Rich People Know that Things Don't Satisfy
- Cristina on Five Steps to Six Figures in Seven Years
- Beastlike on Rich People Know that Things Don't Satisfy
- JoeTaxpayer on Americans Still Not Ready for Retirement
- mark on Rich People Know that Things Don't Satisfy
- A Girl and A Boy who love each other. on 2010 Roth Conversion: Factors to Consider Before Making a Decision
- JimL on Americans Still Not Ready for Retirement
- Mike B. on What Real Millionaires Do
- brooklyn money on 2010 Roth Conversion: Factors to Consider Before Making a Decision
Associations
Money Blogs
- 20 Something Finance
- 2million
- Accumulating Money
- Adult ADD and Money
- All Financial Matters
- Ask Uncle Bill
- Bank Deals
- Bankruptcy Law Network
- Bargain Babe
- Bargaineering
- Best of Money Carnival
- Binary Dollar
- Birds & Bills
- Blogging Away Debt
- Boston Gal's Open Wallet
- Build Your Own House
- Canadian Capitalist
- Canadian Financial Stuff
- Cap'n Arbyte
- Cash Money Life
- Cash The Checks
- Christian Finance
- Christian Personal Finance
- Clever Dude
- Consumerism Commentary
- Dog Ate My Finances
- Don't Mess With Taxes
- Dough Roller
- Dual Income No Kids
- Enough Wealth
- Erik Folgate
- Everybody Loves Your Money
- Everyday Finance
- Finally Frugal
- Finance Professor
- Financial Fellow
- Financial Freedom Through Real Estate
- Financial Highway
- Financial Rounds
- Financial Tales
- Finandom
- Five Cent Nickel
- Free By 50
- Free Credit Report
- Frugal Confessions
- Frugal Underground
- FX Madness
- Generation X Finance
- Get Rich Slowly
- Getting Green
- Grad Money Matters
- Graduated Learning
- Growing Money
- HarvestingDollars
- How to Manage Money Tips
- Hustler Money Blog
- In Cash Flow We Trust
- Invest2Success
- InvestorGeeks
- Irregular Payments
- It's Your Money
- Kiss of Debt
- Lazy Man and Money
- Learn Financial Planning
- Living Almost Large
- Make Love, Not Debt
- Mapgirl's Fiscal Challenge
- Master Your Card
- Mighty Bargain Hunter
- Money and Investing
- Money Crashers
- Money for Military
- Money Help For Christians
- Money Ning
- Money Smart Life
- Money Turtle
- Money, Matter and More Musings
- Monroe on a Budget
- Mortgage Loan Information
- My 1st Million at 33
- My Dollar Plan
- My Financial Journey
- My Life ROI
- My Open Wallet
- My Stock Market Power
- My Wealth Builder
- MyMoneyBlog
- Nil2million
- No Credit Needed
- No Debt Plan
- Paid Twice
- Penny Jobs
- PFBlogs
- Pimp Your Finances
- Plugged in Finance
- Provident Planning
- Punny Money
- Rate Ladder
- Rocket Finance
- Saving to Invest
- Savvy Saver
- Shoeboxed
- Sound Mind Investing
- Stop Buying Crap
- The Alpha Guy
- The Bullz and Bearz
- The Digerati Life
- The Dividend Guy
- The Penny Daily
- The Penny Saved
- The Simple Dollar
- The Sun’s Financial Diary
- Tight Fisted Miser
- Top Foreign Stocks
- Tough Money Love
- Very Smart Investing
- Wealth from the Bible
- Wealth Weekly
- Well-heeled
- Where Does All My Money Go
- Wise Bread
- Your Finish Rich Plan
Those who ignore the net worth ignore themselves. This tool is very useful for our business. It was for me.
Posted by: Lucy | August 14, 2006 at 04:43 PM
Luckily, net worth is easy to determine too.
Posted by: Tim MMF | August 15, 2006 at 12:40 PM