How to Do a Financial Health Check | Net Worth, Debts & Income Explained

Every great financial journey starts with clarity. Before you can build wealth and create your 10-year financial plan, you need to know exactly where you stand today. In this video, we’ll walk through how to assess your current financial situation by creating a financial snapshot that includes:

✅ Net Worth – assets vs. liabilities
✅ Debts – balances, interest rates & payments
✅ Income & Cash Flow – what’s coming in and going out

You’ll also learn how to identify your financial strengths and weaknesses, uncover your money habits, and shift your money mindset so you can make smarter, intentional decisions.

Whether you’re just starting your wealth-building journey or looking to fine-tune your strategy, this step will give you the clarity and confidence you need to move forward.

📌 What You’ll Learn in This Video:

How to calculate your net worth

How to track debts and prioritize high-interest loans

How to analyze your income & expenses

How to identify strengths, weaknesses, and habits shaping your finances

Reflection exercises to understand your money mindset

Watch until the end to prepare for the next step: creating a solid foundation for financial success!

💡 Don’t forget to like, subscribe, and hit the notification bell so you don’t miss the next chapter in this financial transformation journey.

My Top Personal Finance Books:
The Millionaire Mindset Blueprint - https://www.amazon.com//dp/B0DQQT32R9
Mind Over Money - https://www.amazon.com/dp/B0DRML8VPW
The Financial Freedom Playbook - https://www.amazon.com/dp/B0DRM9ZDCK
Level Up - https://www.amazon.com/dp/B0DRLNX2PH
The 10-Year Wealth Plan - https://www.amazon.com/dp/B0DRMPWSLZ
The Ultimate Guide to Escaping the Broke Lifestyle - https://www.amazon.com/dp/B0DQYLQ5CR