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Broken Pie Chart


Sep 7, 2020

Many people know they should understand what their current net worth is. Many also know they should get a handle on their cash flow versus income. Yet it often seems too complicated. Lets uncomplicate personal finance a bit and see how to come up with your current assets and liabilities quickly and easily. Also, how to compile and work through your expenditures versus income. 

 

The larger expenses matter more than your little Netflix monthly expense

Liquid vs Illiquid assets and liabilities

Is a house an asset or liability?

Your car may not be an asset

How to eBay stuff lying around to contribute or start an investment account

Building your personal balance sheet

What your monthly savings could be worth in 5 years

Why budgets do not have to be complicated

Now is a good time to see what memberships you no longer need

 

 

 

Mentioned  in  this  Episode:

 

 

Derek Moore’s book Broken Pie Chart https://amzn.to/31CDzYP

 

Contact Derek www.razorwealth.com