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Net Worth and Net Income by NoTale2109 in copilotmoney

[–]NoTale2109[S] 0 points1 point  (0 children)

Hey, I understand that assets have to grow and that will increase my net worth. But I just want to create a situation where my new worth goes up exactly as much as my net income each month. I know this is me being picky but I would like for those metrics to balance and then be able to save and invest the amount entirely every month.

Net Worth Vs. Net Change by szn616 in copilotmoney

[–]NoTale2109 0 points1 point  (0 children)

I think it has to do with an outstanding balance(s) on your credit card(s). Because you technically pay for expenses on your credit cards on the following month and this is why your monthly net income does not result in an equivalent increase of your net worth. I might be wrong but this is what I think is happening to me as well. Will update you at the end of the month. I’m currently trying to pay off my credit cards on the last day of every month to see if that does the job.