Finances are a multifaceted, fickle subject for many. This is especially true given recent times. Not only did the economy experience a major downturn, but many people are finding themselves sitting at home these days relying on their savings thanks to COVID-19. Whatever situation you find yourself in, there is no denying that your finances can cut across various aspects of your life and sometimes sneak up on you and knock the literal breath out of you.

Take liquid net worth, for example. Sure, liquid net worth isn’t something that garners as much attention as net worth, but there is no denying that liquid net worth is important, plays a major role, and can impact your overall financial situation.…