Your net worth is the value of what you own minus whatever you owe.
When Taylor and I got married in October of 2014, we had over $61,000 worth of debt and only a few thousand dollars saved.
This meant that our net worth was negative.
Thankfully, we both agreed to a smaller wedding and didn’t take on any additional debt for it, however, the car payments and credit card bills we already had were keeping us from thriving financially.
Now here we are 3.5 years later and our net worth has grown by more than $150k and we’re on track to being completely financially independent in our early 40’s.
Here’s how we went from one emergency away from being financially devastated to being on track to walking away from our careers for good.