Thoughts on Tracking Your Net Worth

Welcome to another episode in the summer mini-series where we're diving into topics related to creating an amazing life—something that I know applies to all the entrepreneurs listening. Today we're jumping into something that all the finance geeks will love: tracking your net worth and spending. I'm sharing not only why you should be doing it, but also the best ways I’ve found to pull the info together in a way that makes sense and doesn’t have you sharing your financial info with third-party apps. Listen in as I break down the high-level reasons why you absolutely should be tracking your net worth and your household spending, the method I love for tracking spending, and what I include (and exclude) when looking at my net worth. I also discuss my 4% rule, benchmarking, and the cool freedom chart that tracks your monthly burn rate against your earnings and shows you real-life progress over time. You can find show notes and more information by clicking here: https://bit.ly/3QgSPkR Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Om Podcasten

Looking for detailed information from top experts on researching, launching and growing your online eCommerce business? Look no further. Join your host Andrew Youderian, an experienced eCommerce entrepreneur, each week as he pulls aside some of the industry's top experts to give you down to earth, actionable advice served up with a side of comic relief. Learn from the masters how to turn your 'make money online' attempt into a profitable, growing online store. Get show notes, in-depth eCommerce Fuel posts and your free copy of Andrew's highly reviewed 55-page eCommerce guide at eCommercefuel.com.