Net Worth Updates In general, I think we’re in for some tough times ahead. That’s why I think diversification will be key in the coming years. Someday soon debt will once again matter and it’s important for the average person to deleverage their balance sheet sooner rather than later. High debt levels make our personal finances extremely fragile. A job loss or higher interest rates spell doom for highly indebted people.

These are definitely strange times, but as these posts show, it’s still possible for the average person or family to build sustainable wealth the old fashioned way. We are doing 2 important things to keep growing our net worth. First, we prioritized killing debt and are now completely debt free. Second, we keep saving and investing our money. This is our recipe for success. If you’re new to this site you’ll find that I like to track my family’s progress to financial freedom through monthly net worth updates. Now my purpose in publishing these reports is not to gloat or brag.

Lots of other bloggers are way better at this stuff than I am. My purpose is simply to see what we can achieve through our own approach to finances. Neither of us have any formal training in business or finance nor haven’t we worked in those fields. We’re regular people trying to get ahead like everyone else and hope that these posts might inspire others to get serious about money and take control of their financial future Please note: this page contains affiliate links. As an affiliate, this blog receives a commission for each sign up for Tangerine, Shake pay, Borrow ell, Estrada, Silver Gold Bull and Blue host.

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