Money Guy Show Do THIS to Fix Your Finances in 2026
19 snips
Dec 3, 2025 Unlock the secrets of your financial future by diving into the importance of a net worth statement! Discover what assets and liabilities to include, from cash to real estate. Learn the value of using this tool for effective spousal communication. The hosts share insights on car-buying strategies and saving for early retirement. Plus, don’t miss their fun live Q&A session and tips on avoiding financial over-complexity. Get ready to simplify your wealth-building journey!
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Start With A Net Worth Statement
- Do build a net worth statement to know exactly where you are financially today.
- Use assets minus liabilities to create a clear starting position and track progress over time.
Value Your Home Conservatively
- Use conservative valuation for your primary residence like cost plus improvements rather than current market price.
- Treat the house as a use asset because equity is illiquid unless you sell or borrow against it.
Make Net Worth Reviews An Annual Habit
- Do an annual net worth review at year-end to create a financial dashboard and set goals.
- Use the tool consistently to compare liquid net worth, debt paydown, and accumulation rate year over year.
