Today's episode I will be discussing why you should see your personal finance as doing a business and how to make your own personal financial statement!

timestamps in this episode:

• Doing the next step- what do we have? [01:06]

• So why treat your personal finance like a business? [02:25]

• How do we start with making your own personal financial statement and what is a net worth [04;50]

• What are assets and what can you include personally? [06:55]

• Why you should not consider your home as an asset. [09:48]

• What are liabilities? [11;18]

• Bringing them together-assets minus liabilities = net worth [12:33]

• Two obvious ways to increase your net worth [13:42]

• Where to write your personal financial statement? [15:05]

   ...