Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find interesting. This show is not financial advice.
All content for The Wealth Effect is the property of Green Moon and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find interesting. This show is not financial advice.
How to Calculate Your Net Worth and Why It Matters | Pocket Byte #28
The Wealth Effect
5 minutes 11 seconds
3 months ago
How to Calculate Your Net Worth and Why It Matters | Pocket Byte #28
In this quick episode of The Wealth Effect, we break down the concept of net worth, not as a buzzword, but as your personal financial GPS. Too often, people confuse income with wealth. But real wealth is measured by what you keep, not just what you earn.
We’ll explore:
What net worth truly is and why it matters
The simple formula to calculate it (and why most people avoid it)
How understanding your net worth can change your relationship with money
Why tracking it over time is more important than any single number
Whether you're just starting out or already investing, knowing your net worth is your first step to building intentional, lasting wealth.
The Wealth Effect
Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find interesting. This show is not financial advice.
