AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
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
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode