The Wealth Effect
The Wealth Effect
Podcast Description
Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find intresting. This show is not financial advice.
Podcast Insights
Content Themes
The show focuses on economics and personal finance, covering themes like consumer behavior influenced by financial changes, personal stories of financial journeys, and specific concepts like the Wealth Effect. Episodes include discussions on life as a social worker, community issues, and family expectations relating to finance.
Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find intresting. This show is not financial advice.
In this quick episode of The Wealth Effect, we break down the concept of net worth, not as a buzzword, but as your personal financial GPS. Too often, people confuse income with wealth. But real wealth is measured by what you keep, not just what you earn.
We’ll explore:
- What net worth truly is and why it matters
- The simple formula to calculate it (and why most people avoid it)
- How understanding your net worth can change your relationship with money
- Why tracking it over time is more important than any single number
Whether you’re just starting out or already investing, knowing your net worth is your first step to building intentional, lasting wealth.
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