3 years ago

Paris - Financial Self-Reliance
Connect with me!
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*****

Net worth is the best way to calculate your “report card” as an adult. We all know money isn’t everything, but try and live without it.

We need to use money for what it is, a tool to give us the things we want and need, so it is important to become financially literate and understand things like net worth and how to calculate it.
Net worth is a critical part of financial literacy and financial education

Assets - Liabilities (debts) = Net worth.

Having a positive net worth is the goal!

I give you my net worth update.

My Net Worth Revealed! UPDATE - Up or Down? 🤔

00:00 - Intro
00:46 - How to calculate your net worth.
01:36 - Why net worth is important.
02:30 - My liquid asset distribution.
04:02 - My net worth - Assets.
07:52 - My net worth - Liabilities.
08:58 - Total net worth.
09:17 - The difference between liquid and total net worth.

*****

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.

*****

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 [email protected]. 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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#FinancialSelfReliance #networth # #FSR #FinancialEducation #FinancialIndependence #FinancialLiteracy #FinancialFreedom #assets #liabilites #debtfree #FinancialPlanning

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