The pair rely heavily on investing to build up their net worth. It is important to note that investing can be volatile and you may lose money doing it.
Queenie has detailed in the past how she invests AU$2,000 (£1068.99) a month.
The influencer is not a financial advisor and states on her site: “You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances.”
What is the definition of net worth?
A person’s net worth is the value of all the assets they own minus liabilities.
This includes the value of checking and savings accounts, any cash you have, your pension and the value of homes and vehicles you own outright.
Add these all together to work out the first element you need to understand your net worth.
Liabilities include the balance left to pay on your mortgage or car loans, debts and your student loan.
Add these together and minus the sum from the total of your assets.
This is your net worth.
Source: https://www.express.co.uk/finance/personalfinance/1545091/make-money-net-worth-how-to-ifl
