FSG 005: Your Net Worth is your path to financial freedom!
Manage episode 311765874 series 3181292
On this episode of the Financially Savvy Girl Podcast, I talk about the importance of knowing what net worth is and specifically what yours is and tracking it. How some people believe that their net worth is the accumulation of their assets alone but that is not how you calculate it. It is the sum of your assets minus the sum of all of your liabilities. I share how I am very conservative in my calculation of my net worth and deliberately choose not to add certain asserts and why. My NW was $680,500.00 just yesterday but $680,900.00 today as a result of an additional $400 transfer that I made into my investment portfolio literally today - my goal is to reach . I talk about the net worth worksheet I prepared and can send to you if you go on www.financiallysavvygirl.ca and sign up to the email list. Upon receipt of your email, you will receive your FREE net worth worksksheet tracker!
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21 episodes