✅ Week #21 Action Item: Update Your Net Worth Statement

👉 This week create or update your net worth statement. Creating a net worth statement brings all of your information together.

👉 Knowing your net worth will help you determine whether you are financially solvent and on track for a healthy financial life and retirement.

👉 Your net worth is the total value of everything that you own (assets) less what you owe (liabilities).

👉 Your mission is to have more assets than liabilities and to grow your net worth.

⭐️ Pro-tip:

👉 Consider what changes you can make to increase your net worth. This can include increasing income or decreasing debt.

💭 Habit of the week: Detailed Focus

👉 Review the details of what you own and what you owe.

🤔 Get Ready Money Guide Tip:

👉 What did you learn from creating your net worth statement?

Discussion prompts and ideas for those following The Get Ready Guide Kit (access from your dashboard)

Resources (available to all):

📝 Access your resources for this week’s action item (#21) from your Get Ready Money Club dashboard.

👉 The Get Ready Blueprint Week 21 (monthly focus area 5: net worth). This week, you’ll review update your net worth statement and create your net worth ratio.

👉 Net Worth Statement worksheet in Excel format (Get Ready Toolkit: Evaluating Your Financial Readiness section)

Note: These resources are available for all Get Ready Money Club members.

P.S. Please let me know if you have any issues accessing these resources.

The Get Ready weekly action item is from The Get Ready Blueprint: A 52 Week Guide to Changing The Way You Think About Money). Pick up your copy at your favorite online bookshop (Amazon)(bookshop.org).

Access Your Dashboard here

Become a Get Ready Insider

If you like what I’m doing and find these resources helpful, please help me continue to provide them for free, please consider becoming a Get Ready Insider.

I’ve decided to not charge for these resources to ensure that they are accessible for everyone.

You’ll be supporting The Get Ready Money Club and The Get Ready Money Podcast.

Become a Get Ready Insider