In this episode, Melissa Fradenburg is joined by Alexa Kane, CFP®, Financial Advisor with Pearl Planning, to discuss ways to improve your net worth.
We will discuss:
- What is Net Worth and how do you calculate it?
- How incremental increases in retirement contributions can really increase assets over time.
- Why paying down debt on the liability side makes sense.
- How refinancing can improve your balance sheet.
- How market performance can hurt or help your net worth.
- It is important to focus on improving your net worth vs comparing it to others’ net worth.
- Find out more about Alexa Kane, CFP®
- Read Alexa’s Blog Post, Is It the Right Time to Refinance?
- Find out about refinancing options and calculators
- Debt repayment Calculator
- Read more on how to calculate your Net Worth
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