This is the second article on financial self-testing to gauge your general knowledge on personal financial management. Learn a bit about planning for your retirement, finding your net worth and creating a Daily Spending Diary.
As long as you are not spending more than you earn, you will have money left as savings. Habit of saving money is the fundamental of a sound financial plan. But
What is your formula for calculating net worth? Each and every one of us has our individual preference for what formula to use.