152 Paul Lawrence Vann - Finish Off 2021 Financially Strong

152 Paul Lawrence Vann - Finish Off 2021 Financially Strong

There is nothing more host Paul Lawrence Vann wants for Wealth Academy Podcast subscribers and community members than for them to finish 2021 off strong financially, During this episode he shares the importance of finishing off 2021 financially strong, li
16 Minuten

Beschreibung

vor 4 Jahren

One of the first things people should do this time of year
consists of developing a net worth assessment. A net worth
assessment includes finding out what all of your assets are.


Assets - bank accounts, house, vehicles, college funds, etc.


Liabilities - Mortgage, car loans, credit card debt, loans from
family, etc.


The next step in the process is to subtract all of the
liabilities from the assets and this results in your net worth.
All to often some people manage their finances off the cuff and
it typically leads to overdrafts, and more.


Another aspect one should consider this time of the year is tax
preparation. Even though you can file your taxes in January,
collecting the documents such as pay stubs, invoices, end-of-year
mortgage, real property taxes, and bank statements.and
 interest statements to name a few. 


The bottom line is this, the more financially astute you are and
proactive with your finances the better lifestyle you will be
able to live because aligning your personal finances with your
life, the fewer worries you will have in your life and that of
your family.''


Obtain my five FREE key financial tips, they will provide you
with a guide to help you enhance your finances. Here is the link
to  subscribe to get the five financial tips:
https://bit.ly/3CJOguz


 


 


 


 


 

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