PLM 461 : How To Calculate And Track Your Net Worth

In this podcast I share with you how to calculate and track your net worth. This is one of the most important finance rituals that you can have for your life. I see a lot of people who work their entire lives, but have nothing to show for it. It's great to make money, but make sure that you do something with it. If you don’t currently know how to manage your finances, then making money isn’t going to help you. It’s not about how much money that you make, but rather how much money that you get to keep AND what you choose to do with that money, in terms of accumulating assets and building up your net worth. Are you ready to learn how to calculate and track your net worth? The more that you measure something, the easier that it becomes to manage it. Calculating and tracking your net worth is one of the most important steps that you can take in order to improve your finances. T. Harv Eker said it best, “Focus on all four of your net worth factors – increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.” The result? Financial freedom and abundance.

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