net worth Archives

Debt

Never Let Your Credit Card Balance Exceed Your Net Worth. Ever.
ByDestiny S. Harris

This one rule has kept me financially free for over a decade. I have a rule that governs my entire financial life: My net worth must always be greater than any debt I carry. Always. No exceptions. If I have a credit card balance, I…
Real Estate

The Primary Residence You’re Renting for 15–30 Years Doesn’t Make You A Millionaire
ByDestiny S. Harris

Your House Doesn’t Make You A Millionaire — 1% of the world population qualifies as millionaires. A millionaire has a liquid positive net worth of 1 million dollars minus their debts and liabilities. So unless you net millions of dollars after selling and paying off…