Part 2/8:
Current Finances and Investments
With a net worth of $61,000, this subscriber has a diversified portfolio comprising:
Taxable Brokerage Account: $2,947
Roth IRA: $2,400
Home Value: $250,000 (with a mortgage of $229,000)
High Yield Savings Account: $35,000
Appliance Business Inventory: $28,000
His monthly take-home income is approximately $3,166, with monthly expenses of around $1,800, resulting in an astounding 42% savings rate—an impressive feat for someone his age.