Net worth is a critical indicator of an individual's financial well-being and progress. Understanding your net worth and its calculation is key to monitoring your financial standing. In this video, Money Mindset provides you with the average net worth by age according to the Federal Reserve Board Survey of Consumer Finances, enabling you to compare your net worth. To surpass the average person, we'll share the most effective methods to increase your net worth in the end.
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Disclaimer: This video is for entertainment purposes and does not constitute personal financial advice on whether to buy or sell a specific financial security. Capital is at risk; investments may decrease in value as well as increase. You may not get back all the money invested. Investment objectives may differ, and therefore investment strategy must be factored in. If in doubt, seek advice from an investment adviser regulated by the Financial Conduct Authority (FCA).

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