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Recently, a listener asked how we balance our assets and liabilities. In our family, we track our net worth consistently. Doing so allows us to understand how our wealth is growing.
On this episode of Investing in Real Estate, Natali and I are discussing how we calculate and track our net worth. We’ll explain how you can add up your own assets and liabilities in order to tell a story of your personal finances. Please join us for episode 385!
On this episode you’ll learn:
What kinds of purchases qualify as assets.
How to determine your liabilities.
How often you should calculate your net worth
How to calculate your debt to equity ratio.
A way to make financial decisions based on your net worth.
Why net worth is important.
And much more!
How to Calculate Your Net Worth and Make It Fun!
EP141: Rich People Buy Assets
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.