You have investments, ranging from your business to real estate holdings to stocks. Rob Rowsell explains an essential tool to keep up with them: a spreadsheet tracking financial progress, which he calls the Strategic Financial Analysis Form. All members of Rob’s Addicted to Life Community have access to this form, as well as his guidance to make the most of it. Track your active and passive income and watch them grow over time as you approach financial freedom!
The Only Spreadsheet Tracking Financial Progress You Need
First, Rob pulls up the spreadsheet. He then breaks down each section for the callers, since it may overwhelm the untrained eye. Sections in the form track assets, income, and expenses from last period and this period. The Income section is divided into Active Income, Passive Income, and Passive Residual Income (PRI). Net Worth from Passive Income generally includes capital gains from passive investments. PRI includes such numbers as rents, royalties, and interest.
Rob then punched in a few sample numbers to show how they interact with each other. The Financial Freedom Formula automatically crunches the numbers and tracks where the sample user is in their journey to their ultimate goal. A spreadsheet tracking financial progress is so crucial to meeting that goal. Join our community today and make use of this great resource!
More Info About Our Community
Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you how to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!
