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11: The #1 Financial Metric You Need to Focus on to Build Wealth & Get Rich
Manage episode 298300231 series 2955734
🎙 Your net worth is the #1 financial metric to focus on if you want to build lasting wealth and live the life of your dreams. But how do you calculate it? It’s not super complicated, but it’s easy to get it wrong. Get in the habit of calculating your net worth often and tracking it monthly to see how it changes. I’m sure you’ve seen people sharing their net worth all over the internet, but what does it mean? 🤔
This episode discusses topics like:
🌟 The most important factor that determines whether you really have an asset or just an item;
🌟 Why your net worth is the #1 metric for measuring your progress and your financial success; and
🌟 Why money saved in the bank doesn’t equal wealth.
Links from this episode:
Free 7-day online budgeting course
Remember to:
Join our exclusive community by becoming a Patron - Patreon
🤩 Subscribe so you don’t miss any future episodes.
🏆 Rate and review the show on Apple Podcasts: Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
💖 I'd be super grateful for your help in making financial education available to everyone.
The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.
61 episodes
Manage episode 298300231 series 2955734
🎙 Your net worth is the #1 financial metric to focus on if you want to build lasting wealth and live the life of your dreams. But how do you calculate it? It’s not super complicated, but it’s easy to get it wrong. Get in the habit of calculating your net worth often and tracking it monthly to see how it changes. I’m sure you’ve seen people sharing their net worth all over the internet, but what does it mean? 🤔
This episode discusses topics like:
🌟 The most important factor that determines whether you really have an asset or just an item;
🌟 Why your net worth is the #1 metric for measuring your progress and your financial success; and
🌟 Why money saved in the bank doesn’t equal wealth.
Links from this episode:
Free 7-day online budgeting course
Remember to:
Join our exclusive community by becoming a Patron - Patreon
🤩 Subscribe so you don’t miss any future episodes.
🏆 Rate and review the show on Apple Podcasts: Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
💖 I'd be super grateful for your help in making financial education available to everyone.
The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.
61 episodes
All episodes
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