Knowing and understanding your liquid net worth can be the determining factor in how healthy your life really is and how financially secure you are when challenges
do come.
Liquid net worth is the part of your net worth in cash or can easily be converted to cash. In case of an immediate expense, liquid assets will be extremely valuable.
You can increase your liquid net worth by:- Paying off debt- Decrease your spending- Increase your earnings- Start investing- Start building passive income