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« Ground Rules of | Main | Five Principles to Increasing Your Net Worth »

April 13, 2005


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One easy tool for netwoth calculation is quiken software.I use it and will recommend it.

The largest factor in NW accumulation is cost reduction and savings ratio. If you can reduce your costs and increase your savings and allocate that savings towards investments then you're likely to propser. If you refuse to accept a lower lifestyle and don't want to sacrifice then you're unlikely to build wealth.

What percentage of my net worth should be liquid assets?

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