Personal Finance Money Tips

A Malaysian compiling Lots of tips and advices on personal financial planning - Protect, accumulate, preserve, and manage your WEALTH wisely!

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I write regularly about personal finance topics from a Malaysian's point of view. Hopefully with better financial education, you will live a better and balanced life. Follow me at http://twitter.com/moneytips

Net Worth vs. Age

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Net Worth = Asset - Liability

To increase our net worth, we must accumulate more assets and reduce our liability.
In order to acquire more asset, we must have more savings.

Savings = Income - Expenses.

In order to increase Saving, we must increase our income and reduce our expenses.

We can plan and plot our graph of Net Worth vs Age. Which one is similar to yours?

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