Tell me you don’t understand net worth without telling me you don’t understand net worth. Do you think being a billionaire means holding a 10,000,000 $100 bills under your materace?
Net worth can, and is, used as collateral for taking out large loans with little to no interest. So I would say net worth is a pretty good equivalent of cash under the mattress. It just takes one step to access that cash.
Tell me you don’t understand net worth without telling me you don’t understand net worth. Do you think being a billionaire means holding a 10,000,000 $100 bills under your materace?
Net worth can, and is, used as collateral for taking out large loans with little to no interest. So I would say net worth is a pretty good equivalent of cash under the mattress. It just takes one step to access that cash.