Hi Everyone, last week I wrote about Personal Net Worth and why it’s the best metric to use as a benchmark for your financial goals. Today I will be diving deeper into the concept, and introduce a term called “Financial Health”, which you can use to assess the state of your finances. I will also suggest that the extraordinary times that we are living through now indicate that it would be wise to place a premium on liquidity, and to rely less on leverage to accumulate assets.
Category Archives: Personal Finance
Personal Net Worth – The ONLY Financial Concept that really Matters
Hi Everyone, last week I wrote about the 10 websites that you should be following on your investing journey. Today I will be covering the only Financial Concept that really matters for the budding investor – Personal Net Worth. I will also suggest a few apps and tools that I’ve found helpful in tracking that concept as you continue on your journey towards Financial Independence.