If you want to build wealth, you MUST know your numbers.

Each year, I diligently track my:
▪️ Net Worth
▪️ Annual Spending

to ensure that I'm making progress.

Want a FREE copy of the templates that I use? ⬇️
Here's what the template looks like that I use to track my net worth:
Here's what the template looks like that I use to track my annual spending.

I like to separate my expenses into fixed, variable, and wealth building.

I also like to see what % of my annual income is going to each category
I also created a financial wellness action plan that you can use to get your finances on track:
If you'd like a free copy, simply click the link below and enter $0

The download also has some other helpful tools, such as:

▪️Action Plan
▪️Financial Snapshot
▪️Goal Tracking
▪️Money-Saving Ideas
▪️Profile Page
▪️Resources

Happy wealth building!

brianferoldi.gumroad.com/l/ZmtDX

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More from @BrianFeroldi

2 Jan
I worked at $PODD in 2007

Our year-end financials:
▪️Revenue: $13.3 MM (+300%)
▪️Gross Margin: -95%
▪️Net loss: -$54 MM
▪️Cash: $94 MM / Debt: $26 MM

Price-to-sales ratio: 49

Would you invest?
It worked out if you did
Double-digit revenue growth for 10+ years is the primary reason why
Read 4 tweets
2 Jan
My 2021 financial review is complete

Here's how I did ⬇️
Overall, 2021 was a rough year for my investing style

After peaking in Feb 2021, it was all downhill

My portfolio ended the year up 2%

That's FAR behind the 27% gain in the S&P 500

Hats off to everyone that outperformed in 2021!
My 5 biggest winners (on a dollar-basis):
$TSLA
$EPAM
$GOOGL
$ESTY
$FB

My 5 biggest losers (on a dollar-basis):
$MELI
$NVCR
$DOCU
$SQ
$AYX
Read 8 tweets
30 Dec 21
In 2021, I created 304 simple financial graphics

About money, investing, and self-improvement

Here are the top 10 most popular (as voted by you):
On position sizing:
On a better life:
Read 12 tweets
28 Dec 21
Which stock should we research from scratch this week?
Live this Thursday, Dec 30th at 1 PM EST

Subscribe here:

youtube.com/brianferoldiyt
Lucid it is!
Read 4 tweets
23 Dec 21
Don't just buy and hold.

Buy and continually verify.

Here are 9 red flags that indicate that your thesis might be busted:
1: Sudden slowdown in revenue growth

Revenue growth drives profits growth.

Profit growth drives shareholder return.

It's a yellow/red flag when a company's growth rate takes an unexpected turn for the worse (without a really good reason)
2: Big downward guidance revision

Most CEOs give conservative guidance

A sudden negative guidance revision -- or elimination of guidance altogether -- indicates that the company is struggling big time with execution
Read 13 tweets
16 Dec 21
I asked, “What are the best podcast episodes that you listened to this year?”

Here are 15 MIND-BLOWING episodes that need to be at the top of your playlist:
1/ @MrBeast on @ColinandSamir

A wonderful long-form interview into how Jimmy thinks and his future plans (he thinks BIG)

podcasts.apple.com/us/podcast/the…
2/ @KwameNegotiates on All The Hacks with @hutchins

A WONDERFUL podcast episode on how to negotiate

podcasts.apple.com/us/podcast/mas…
Read 20 tweets

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