Ep 161: Ultimate guide to improving your finances 1/2
Medics Money podcast
How to Track Your Net Worth
If your net worth is a negative number which you know ours my net worth was negative for absolutely ages do not panic okay both me and Ed started off with a significant negative net worth thanks to years spent training as a doctor. Every pound of debt you repay increases your net worth by one pound so if like me and Ed you've had a ton of debt or you have a lot of debt don't worry about it. I also track savings weight which is basically the proportion of your income that goes into savings another one is debt to income ratio. If you want to go deeper on this check out the link in the show notes because there's a few reasons why I also like net worth especially make
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