On this week’s podcast, Tom, Brendan and Casey discuss why folks need to know (and understand) their net worth. The guys cover how to calculate your net worth, what to include, how to value certain items and what your net worth says about your overall financial picture.
Your statement of net worth, and cash flow, form the basis for just about every financial decision you’ll make. If you’ve ever wondered where you stand financially, and weren’t sure how to figure it all out, this week’s episode is for you!
Show Notes
What Your Net Worth Statement is Telling You – Amy Arnott – Morningstar
Morgan Housel’s One Big Money Rule
Which is Better in Retirement: Higher $ Total or Lower Monthly Expenses – Mullooly Asset Podcast
Why Your Net Worth is Important