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
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
She's Such A Genius ❤
Shuuu! You make complicated information so easy to understand. Thank you for sharing your knowledge, Nicolette
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
Kaching 💰💰!! Nna ke go utlwile. Aabonge 🙏
Notification gang!!
Beauty with brains🧠👌
My favorite ❤ I appreciate you so much Nicolette
"your body" 😂😂aowa Aus Nic
I love the education because it's followed by humor💗
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 📈📉📊
True and lm committed to not creating additional debt.
Thank you sis Nicollete, very insightful ❤🎉.
informative❤
Thanks a lot for the nice advice
Thanks for sharing the information 😊
I miss Nicollete stories too. 😊
Good financial literacy advice. I am currently considering converting my net equity on my 2 properties and start a house development company. Any advice?
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Enkosi ❤
"Just their body"😂😂
o star waitse ....
Why is everyone using Rode equipment these days? Are they running some sort of promotion among RUclipsrs? Genuine question.
Maybe the quality is good and it’s reputable
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