Calculate Your True Financial Status (Net Worth Statement, Cash Flow and Financial Ratios)
To achieve you financial goals, you must know what your current financial status is. Sounds simple enough….but a common misconception about financial status is to confuse how much you make with how much you are worth. So how do you measure your true wealth?
Najibah Abdullah of @myleanbudget is here to instruct you on measuring your wealth by calculating how much you have after all your expenses (Net Worth Statement), how much of your money is coming in and going out (Cash Flow Statement) and analyzing whether your current financial status and spendings are healthy or not. Following your financial assessment, Najibah will be helping you put a financial plan in motion through reducing debt and increasing investments (Financial Ratios).
Who is this class for?
Those who want to know their current financial status. This will be the first class all students need to take before taking other classes in the Be Your Own Financial Planner (BYOFP) series.
How long is this class?
2 hrs.
How many classes are there?
1
What do I need to bring?
Paper, Pen/Pencil, Calculator.
How do I access this class’s files and recording?
You can access them in the ‘Curriculum’ section.
- Lectures 2
- Quizzes 0
- Duration 2 hours
- Skill level All levels
- Language English
- Students 2
- Certificate No
- Assessments Yes
