Millenial net worth has dropped by 34%.  Yes! You read that right. Our generation is already starting off at a big disadvantage compared to our parents. Over the past 10 years, the cost of college has risen by 54% (after factoring in inflation); while wage growth has only grown by…

What is an IRA. You may have heard this term thrown around before and never looked into it, but its probably one of the most important financial accounts you should know about. IRA, stands for Individual Retirement Account. There are two different types, Traditional IRA and Roth IRA. We’ll get…

3 psychological tricks to help you save money. Why do we need to save? Saving money is a must in any economy and anyone’s financial situation. It is the first half of the wealth building equation. In order, to build wealth, you need to invest it. In order to invest…

5 Financial Skills They Didn’t Teach You in School. #1. Personal Cash flow. Personal Cash flow is the total amount of money you make per month minus the total amount of money you spend each month. This number should be positive! #2. Discretionary vs non-Discretionary. Discretionary spending is money that…

What is Lifestyle Creep? The term Lifestyle Creep is simple. If you make more money, you spend more money. This is the total opposite of what we want here at Networth Mogul. We understand that as we get older, we incur new expenses. After all, supporting a family isn’t cheap.…

What Is the Net Worth of Mark Cuban? Long before Mark Cuban made it to primetime TV, he was already minting serious money. That’s right; Mark Cuban is undoubtedly one of the richest self-made billionaires in the world right now. But the bigger question is: what is the net worth…

The Millennial’s Guide To Net Worth There is a social media fueled stereotype that depicts millennials (those born between 1981 and 1996) as being financially irresponsible young adults who refuse to give up their love of Starbucks and avocado toast long enough to save for retirement or buy houses. However,…