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Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. The backstory: In November 2019, my van was in need of new tires and I was debating on whether to get the new tires or start looking for a replacement vehicle. I put down half the money and financed the other half. Found Money in January: $1681. year-old van.

Finance 130
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Net Worth Defined: What Is My Net Worth?

Savings Corner

On the other hand, even people with modest incomes can accumulate significant wealth and a high net worth if they buy appreciating assets and are prudent savers. A person can bring home a big paycheck but have a low net worth if they spend most of their money. Tax Filing Webinar — Jan. Net worth of U.S. families by income Net worth of U.S.