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Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Investing

MEASURING & TRACKING WEALTH

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Wealth management and its tracking from time to time is one of the key ways to make the most of your investments. Tracking your investments helps keep your investments aligned with your long term investment goals. Some of the key features in measuring and tracking your wealth are:

  • The first and foremost thing to do is to accumulate data of your wealth. Record in detail where money is invested. Log all assets and investments. This data will help provide an accurate picture of your current financial situation.

  • Next gather your current check stubs and add incoming salary to your spreadsheet.

  • The next step is to deduct all debts from like mortgage interest, capital, debts, car loan, home loan, personal loans, etc. The difference between your wealth and debts will provide you with your net worth.

  • Tracking can be done on a monthly basis or yearly basis. Tracking your wealth will allow you to plan for the future and ensure that you are meeting your financial goals.

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