004 | 5 Steps to Calculating and Tracking Your Net Worth (And Why It Matters)
PA the FI Way
English - February 25, 2021 07:00 - 13 minutes - 9.92 MB - ★★★★★ - 24 ratingsMedicine Health & Fitness Education Self-Improvement burnout financialindependence fire investing paschool pastudent physicianassistant physicianassistantstudent physicianassociate physicianassociatefina Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Take the time to figure out your net worth by calculating your assets and liabilities so you know where you're starting from on your journey to FI. However, even if your net worth is currently a negative number, don't worry! Use it as motivation to get that number back into the black.
Once you've calculated your net worth, decide how you're going to start tracking your net worth over time. It is very encouraging and fun to see this number increase steadily! I recommend and use the free tool called Empower (formerly called Personal Capital). Sign up here to receive $20 if you qualify.
Happy net worth tracking!
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