My Net Worth Grew OVER 10% Last Month! Net Worth Update!

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Your net worth is your financial report card. Do you know what your net worth is?

Take all your assets, or things of value that you own, like cash, stocks, mutual funds, ETF’s, Gold, Silver and anything else you might own and add up the value…
Then take all your debts, credit cards, mortgages, student loans, medical bills, etc. and add up all of those for a total of your liabilities.

Take the asset value and subtract the liabilities and then you’ll know your net worth. If it is a positive number you are on the right track! If not, let’s get to work.

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00:00 - Intro
00:42 - How to calculate net worth.
01:47 - My net worth tracking spreadsheet.
02:13 - My Assets.
03:21 - My Liabilities.
05:04 - Liquid asset distribution chart.

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F$R Mission Statement:
To help individuals and families develop empowering beliefs and emotions about money and teach them the necessary skills to become self-reliant, build wealth, and live a life of abundance.

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Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.

Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.

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