While ‘millionaire’ might not be as weighty of a title as it was decades ago, seven figures of wealth is a significant accomplishment that indicates success and stability. Mass affluent individuals, with their robust yet accessible wealth, form a vital economic backbone in the United States, while high-net-worth individuals (HNWIs) exert more influence across markets. […] The post Differences Between Mass Affluent and High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.
Determining your net worth is like giving yourself a financial report card. By counting up your assets and liabilities, you can get a clearer view of your finances, identify what’s working and fix what’s not.
Once you know your net worth and compare it to the average net worth of other people you