12 Most Important Assets That Will Increase Your Net Worth

26 September 2022

By : Quick Insurance Guru

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1. Owning Your Primary Residence

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Homeownership ranks among the most common ways people gain a substantial increase in net worth.

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2. Second Home

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Second homes are a savvy way to earn passive income via short-term rental platforms like HomeAway, VRBO or Airbnb.

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3. Retirement Savings

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Retirement might be decades in the future, but saving now can enhance your net worth.

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4. Education

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You might not have thought of it this way, but your education credentials are among your greatest assets.

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5. Rental Real Estate

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When you use the bank's money to acquire rental properties, you're effectively building your net worth.

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6. Health

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Having good health is a critical asset to building your net worth.

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7. College Savings

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Many parents assume ownership of a 529 college savings plan for their children

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8. Maintain Your Home

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Because your home is likely one of your largest assets, it makes sense to invest in maintaining it.

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THANKS FOR READING!

 8 Most Important Assets That Will Increase Your Net Worth