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Welcome to Part 1 of our Financial Planning Information Series. This session lays the essential foundation for any solid financial plan. We move beyond just "investing" to look at the complete picture of your financial health. Learn how to accurately assess your assets and liabilities to calculate your true net worth—the starting point for all strategic decisions. (ENGLISH SUBTITLES AVAILABLE) - Click the [CC] button to turn them on. In this video, we cover: • The key components of a personal financial statement. • How to categorize your assets (liquid, invested, personal) and liabilities (short-term vs. long-term debt). • The simple formula to calculate and track your net worth over time. • Why understanding this foundation is critical before choosing investments, insurance, or estate plans. This is the first step in building a financial plan that is aligned with your life goals, risk tolerance, and legacy wishes. 📺 Watch the Series: Part 2: Risk Management & Insurance Strategies [Link when live] Have questions? Drop them in the comments below! 👉 Subscribe and hit the bell 🔔 to be notified when Part 2 is released. #FinancialPlanning #PersonalFinance #NetWorth #AssetsAndLiabilities #FinancialLiteracy #MoneyManagement #FinancialPlan #Investing #WealthBuilding #FinancialFreedom