Homer sometimes nods—and so, too, does John Cochrane toward the end of his op-ed.

Knowing your net worth and how to calculate it helps you manage money better and become more financially literate.

Being a millionaire isn’t what it used to be. This isn’t a lament, it’s a fact: As Bloomberg News reported recently, almost one-fifth of U.S. households have a net worth of more than $1 million. Fully ...

Every year, America’s wealthiest people tend to get even richer. At the same time, the cost of living keeps rising. Since ...