What is your NETWORTH? Is it going up or down?

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  • Опубликовано: 13 сен 2024
  • Understanding Your Net Worth: Why It Matters & How to Calculate It | Personal Finance Tips"
    In this video, I break down what net worth really means and why it's crucial for your financial health. Learn how to calculate your net worth, the importance of tracking it, and tips to grow it over time. Whether you're just starting your financial journey or looking to optimize your wealth, this guide is for you! #NetWorth #PersonalFinance #FinancialFreedom

Комментарии • 25

  • @OlgarVMotaung
    @OlgarVMotaung 21 день назад +11

    Yoh this is too much information too important to valuable it's like 600pages of a book in less than 20 minutes I'm saving this it's going to help a lot in my financial awakening journey thanks mama

  • @melanated7437
    @melanated7437 21 день назад +6

    She's Such A Genius ❤

  • @katlegoratshidi5070
    @katlegoratshidi5070 21 день назад +5

    Shuuu! You make complicated information so easy to understand. Thank you for sharing your knowledge, Nicolette

  • @TheDerekCrosson
    @TheDerekCrosson 21 день назад +3

    Based on my own personal experiences, I also think it’s important to get as much insurance as possible for protecting your income. So insurance for retrenchment, disability, critical illness and life insurance. This will allow you to keep your income and carry on investing if something goes terribly wrong and you will still get annual increases based on inflation (or whatever percentage you decide with your banker). Also, it can be setup so you receive a lump sum and a monthly payment so if you need to modify your house in the case of disability you won’t be using your daily expenses and investment money. For critical illnesses you also usually get a lump sum per illness so for example if you have a heart attack you get R100k (or whatever you set it up to be), then if you have a stroke the next year you get the same lump sum again, etc.
    I’ve never had any critical illness but I’ve had a few experiences where I’ve had to completely drain my emergency savings, any other saving and investments. It’s not a nice feeling to have to undo all that work you did. Insurance is a must for me now

  • @kgomotsomathebe8766
    @kgomotsomathebe8766 20 дней назад +1

    Kaching 💰💰!! Nna ke go utlwile. Aabonge 🙏

  • @luyandanxumalo949
    @luyandanxumalo949 21 день назад +4

    Notification gang!!

  • @THEDUSHMANSBOOTCAMP
    @THEDUSHMANSBOOTCAMP 21 день назад +2

    Beauty with brains🧠👌

  • @mkatymabasa
    @mkatymabasa 20 дней назад +1

    My favorite ❤ I appreciate you so much Nicolette

  • @MissM_23
    @MissM_23 15 дней назад

    "your body" 😂😂aowa Aus Nic
    I love the education because it's followed by humor💗

  • @user-be2zw3kk3w
    @user-be2zw3kk3w 19 дней назад

    Love your personality. Please make a special video about property investment and bonding the property.. What you were explaining towards the end of the video 📈📉📊

  • @victorianameneverner8922
    @victorianameneverner8922 21 день назад +1

    True and lm committed to not creating additional debt.

  • @Rethabile3
    @Rethabile3 21 день назад

    Thank you sis Nicollete, very insightful ❤🎉.

  • @yvonnesello7400
    @yvonnesello7400 21 день назад +1

    informative❤

  • @sclode2000
    @sclode2000 21 день назад +1

    Thanks a lot for the nice advice

  • @xolilegxoyiya285
    @xolilegxoyiya285 20 дней назад

    Thanks for sharing the information 😊

  • @victorianameneverner8922
    @victorianameneverner8922 21 день назад +1

    I miss Nicollete stories too. 😊

  • @kennedybunga399
    @kennedybunga399 21 день назад

    Good financial literacy advice. I am currently considering converting my net equity on my 2 properties and start a house development company. Any advice?

  • @tekoteko909
    @tekoteko909 17 дней назад

    ❤❤❤

  • @thembakazinxiba7985
    @thembakazinxiba7985 16 дней назад

    Enkosi ❤

  • @Honey_Morwe14
    @Honey_Morwe14 15 дней назад

    "Just their body"😂😂

  • @HypnosisMuzik
    @HypnosisMuzik 21 день назад +2

    o star waitse ....

  • @mazibukomail
    @mazibukomail 21 день назад

    Why is everyone using Rode equipment these days? Are they running some sort of promotion among RUclipsrs? Genuine question.

    • @matlalampho4304
      @matlalampho4304 21 день назад

      Maybe the quality is good and it’s reputable

  • @Thabisotalks
    @Thabisotalks 20 дней назад

    ❤❤

  • @matlalampho4304
    @matlalampho4304 21 день назад +1

    ❤❤❤