Net Worth Explained in 3 minutes | 5 Things you need to know about your Net Worth
How do you calculate your net worth? In 3 minutes, you will learn how to calculate your net worth and understand the differences between assets and liabilities. Why do you think your net worth matters? Don't forget to check out the FIRE Resources below! šØāš« 1:1 Financial Coaching š©āš« Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ā”ļø Introductory Forum: https://www.firepsychat.com/coaching š§ Email: [email protected] š Get Your Free Financial Spreadsheets and Resources š ā”ļø https://www.firepsychat.com/contact š· Additional FIRE Videos š· Backdoor Roth IRA - Ā Ā Ā ā¢Ā MyĀ FatĀ FIREĀ RetirementĀ PlanĀ withĀ Back...Ā Ā Fat FIRE Roadmaps - Ā Ā Ā ā¢Ā HowĀ ToĀ FollowĀ 2Ā FinancialĀ RoadmapsĀ &Ā ...Ā Ā Create Generational Wealth - Ā Ā Ā ā¢Ā 5Ā StepsĀ toĀ CreateĀ GenerationalĀ Wealth...Ā Ā How I save 60% of My Income - Ā Ā Ā ā¢Ā HowĀ IĀ SaveĀ 60%Ā OfĀ MyĀ IncomeĀ ToĀ Achiev...Ā Ā šµ Music and Sound Effects Provided by Epidemic Sound šµ https://www.epidemicsound.com/referra... ā° Table of Contents ā° 0:00 What does my net worth mean? 0:27 How do I calculate my assets? 0:58 How do I calculate my liabilities? 1:21 How do I calculate my net worth? 2:23 How often should I calculate my net worth? #FIREPsyChat #FinancialIndependence #NetWorth š¤³ Add me on Instagram @FIREPsyChat š¤³ Ā Ā /Ā firepsychatĀ Ā š Start educating your children about financial literacy today! š Piggy Bank aka āHamā from Toy Story - https://amzn.to/2SIdndD Monopoly Classic Game - https://amzn.to/3gAL1Ly Kids Bank Play Money Set - https://amzn.to/3q64gQh š· Equipment Used for This Content š· Sony ZV-1 - https://amzn.to/3cmk63n Rode VideoMicrophone - https://amzn.to/3uZDz0i GVM LED Light - https://amzn.to/2T3kGwe SanDisk 128GB SD Card - https://amzn.to/3fVJ5Nn 3-Pack Replacement Batteries - https://amzn.to/3fUjqEx Portable Charger - https://amzn.to/3uX9UVI Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence, or seek the advice of a licensed advisor if necessary. Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.
