Don’t Go with the Flow episode artwork

EPISODE · Aug 5, 2024 · 26 MIN

Don’t Go with the Flow

from Five Minute Finance

Are you tired of being told to just "go with the flow"? Well, not today. In this episode, Matt Robison and I delve into why focusing on your net worth is more important than worrying about your cash flow. Have you ever scrambled to cover monthly expenses, or dipped into your investments for an unexpected charge, and felt the stress afterward? You're not alone, but these moments don’t truly reflect your financial health. We explain why net worth—your assets minus your liabilities—offers a clearer picture of your wealth. It's like the Game of Life®, where you tally up everything at the end to see how you really did. We’ll guide you through tracking your net worth, understanding its importance, and planning to keep it growing. Listen in to shift your perspective from paycheck anxiety to long-term financial stability.Are you ready to create your ideal lifestyle?  Let’s Connect.Learn more about Mike and my services at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

Episode metadata supplied by the publisher feed · Published Aug 5, 2024

Embed this episode

NOW PLAYING

Don’t Go with the Flow

0:00 26:20

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of Five Minute Finance?

This episode is 26 minutes long.

When was this Five Minute Finance episode published?

This episode was published on August 5, 2024.

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Five Minute Finance episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!