The net worth of an individual or family can be increased by
A) increasing spending.
B) increasing liabilities.
C) decreasing assets.
D) increasing income.

Question

Quizplus · Accepted Answer

The best way to increase net worth is to increase income, which can be achieved through various means such as seeking a higher paying job or starting a business. Increasing spending, liabilities, or decreasing assets would have the opposite effect and decrease net worth.

The Net Worth of an Individual or Family Can Be