Discovering YOU Magazine May 2026 Issue | Página 65

BUSINESS MATTERS

How this Family went from Debt

to a Seven-figure Net Worth

Article by Andy and Nicole Hill

to achieve financial goals that were important to them. While you may think "net worth" only applies to celebrities and billionaires, everyone has one. Net worth is simply the total of your cash, investments, and assets, minus your debts. Knowing your net worth is an important step towards financial independence and wealth building as it provides a picture of your overall financial health and can help you focus attention on meaningful financial goals. The Hills' primary goal

(BPT) - When they first got together, Andy and Nicole Hill thought they were doing fine financially. They made about $130,000 a year. They bought what they wanted and went out to dinner when they felt like it. When they decided to figure out their net worth, they were in for a shock: It was negative $50,000. Between their mortgage, student loans and other debts, they owed more than they owned. They knew it was time for a change - so their negative net worth motivated them