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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Ever wondered why tracking your net worth is essential for your financial health? In this episode, we break down exactly what net worth means, clearly defining your assets and liabilities. We'll explore practical reasons why regularly monitoring your net worth can significantly enhance your financial decision-making, confidence, and goal-setting. Plus, we provide a simple, step-by-step calculation (linked below) to empower you to easily determine your own net worth today.
Key points:
- What is net worth, and why does it matter?
- Understanding assets vs. liabilities
- The top reasons to consistently track your net worth
- An easy calculation method to figure out yours: Target Net Worth = [Your Age − 25] ∗ [1/5th ∗ Gross Annual Income]
Ready to find out your net worth? Hit play now.
Don't forget to subscribe and leave a review if you found this episode helpful.
Find your car value: https://www.vmrcanada.com/
6 episodes
