Net Worth: Lesson 1
Why Your Net Worth Is Important
Use the slides above while watching the video below.
The Money Management Bible Checklist
Net Worth
Calculate your Net Worth (Net Worth = Assets – Liabilities)
Make a list of all your “Good Assets”
Make a list of all your “Better Assets”
Make a list of all your “Good Debt”
Make a list of all your “Bad Debt”
Think about how you can get more “Better Assets”
Think about how you can get rid of “Bad Debt”
Rank your net worth to specific age groups to see where you stand or where you project yourself to be in the future