Key Points ・Budgeting helps manage day-to-day spending and short-term financial habits, while net worth tracking measures ...

A high income doesn't guarantee you'll be among the wealthiest households. Your net worth is like a scorecard of how you're doing financially. Consistently moving in a positive direction means you're ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. People are naturally curious as to how they compare to others, and wondering ...