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1877: [Part 1] Assessing Your Financial Health by Chris Mamula of Can I Retire Yet on Plans For Financial Independence

Optimal Finance Daily - Financial Independence and Money Advice

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Assessing Liquidity

Net worth is a good measure of your overall financial health. Tracking your net worth periodically demonstrates how much your wealth is growing or not over time. Liquidity has two components, through the ability to convert an asset to cash quickly and without potential for a price concession. Using this ratio forces you to look at your liabilities.

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