What is My Net Worth?

How to AVOID Cost Overruns in your House Renovation.

In this episode of "What is My Net Worth," host Vincent Curtis explores the impact of home renovation projects on his personal finances. With a current net worth of $735,950, Vincent reflects on how cost overruns in past remodeling projects have set him back financially. He shares insights from his experiences with basement finishing and kitchen remodeling, emphasizing the importance of careful project management.Vincent introduces six key strategies for future renovations, including taking a cautious approach, obtaining multiple bids, scrutinizing estimates, researching contractors, requesting detailed schedules, and preparing for unexpected costs. Discover how these strategies aim to safeguard net worth and lead to more successful home improvements. Tune in for practical advice and learn from Vincent's journey to better financial management through remodeling adventures.

Is CREDIT CARD Usage Really That Bad?

Welcome to another episode of "What is My Net Worth," hosted by Vincent Kurtis. In this episode, Vincent shares his latest net worth and his thoughts on reaching the coveted three-quarter million mark. He also discusses potential market corrections and his investment strategy of buying and holding, regardless of market fluctuations.
Vincent shifts the focus to his use of credit cards, emphasizing the importance of maximizing rewards while avoiding interest traps. He shares five effective strategies, including paying the balance in full, budgeting meticulously, monitoring daily spending, planning for large expenses, and maintaining a robust emergency fund. These strategies aim to help listeners manage credit card use wisely without accruing debt.
Join Vincent as he offers insightful perspectives on wealth management and the balance between risk and reward in credit card usage, all while encouraging listeners to consider their own financial habits and goals.

Social Security | Retirement Planning | Personal Finance Tips

In this episode of "What Is My Net Worth," host Vincent Kurtis delves into the financial realities of planning for retirement beyond relying solely on Social Security. With his current net worth at $741,236, Vincent questions whether he's on the right path to achieving financial independence.
He shares insights on why he believes Social Security should only serve as a cushion, rather than a primary income source in retirement. Through calculations and a critical look at projected benefits, Vincent highlights the importance of growing one's net worth to secure a comfortable future.
Join Vincent as he explores strategies for building wealth, navigating potential reductions in Social Security benefits, and ensuring a stable financial foundation for retirement. This episode is a call to action for those who want to take charge of their financial future beyond government safety nets.

Net Worth Mix-Up and Lessons from DIVIDEND INVESTING (SFL, SMC)

In this episode of "What is My Net Worth?", host Vincent Kurtis explores his financial journey and recent net worth adjustment due to a tracking error with a HELOC loan. He candidly shares his experiences with investing in dividend stocks and why he no longer pursues this strategy. Vincent recounts past investments in SFL Corporation Limited and Summit Midstream Corporation, explaining how fluctuating oil prices heavily impacted their stock performance.
Vincent reflects on the volatility of individual stocks and the importance of having a diversified portfolio. He delves into why dividend investing is not a foolproof strategy and highlights the necessity of doing due diligence before any investment. Despite the ups and downs, Vincent has his own rule of holding onto stocks until they can be sold for a 10% profit.
Join Vincent as he shares valuable insights into the financial lessons he's learned and strategies he's developing on his path forward.

GRATITUDE and Wealth: Vincent Kurtis Reflects

Welcome to a special Thanksgiving episode of What is My Net Worth? with your host Vincent Curtis. Today, Vincent deviates from his typical discussion of net worth aspirations to reflect on the financial milestones that he is most grateful for. As the holiday spirit of gratitude fills the air, join Vincent as he shares the pivotal elements contributing to his financial success.
In this episode, Vincent speaks candidly about the role his supportive wife plays, the advantages of a rewarding career, and the relief of being free from credit card debt. He also highlights how a carefully crafted investment strategy and the appreciation in real estate have been instrumental in growing his wealth.
Whether you're celebrating Thanksgiving in the United States or tuning in from abroad, there's a universal message of appreciation and reflection that Vincent hopes resonates with listeners. Gather insights, consider your own financial blessings, and perhaps even find some inspiration for your financial journey.

Mastering HOLIDAY FINANCES: Say Goodbye to January Debt

Welcome to the latest episode of 'What is My Net Worth,' where host Vincent Curtis delves into the world of personal finance and budgeting. In this episode, Vincent shares his personal journey of reaching his all-time high net worth but emphasizes the importance of staying focused on wealth building.With the holiday season approaching, Vincent reveals his innovative pre-funding gift-giving strategy to avoid the usual post-Christmas financial woes. By setting aside the entire holiday budget before Black Friday, he ensures a stress-free and debt-free festive period. No more scrambling at the last minute or facing hefty credit card bills in January.Join Vincent as he explores practical ways to manage holiday finances, maintain peace of mind, and keep your financial goals on track. Tune in for valuable tips and insights to help you enjoy a merry holiday season without the financial hangover.

Navigating REAL ESTATE and Net Worth: My Financial Journey

Join Vincent Curtis in this episode of "What is My Net Worth?" as he dives into the significant role his Colorado home plays in his financial journey. With his highest net worth yet at $675,968, Vincent explores how the increasing value of his property impacts his overall wealth, thanks to the prime location in a booming real estate market.Vincent candidly discusses the advantages of real estate investment, such as building equity and gaining tax benefits, while also confronting the challenges, like market risks and liquidity issues. As his home comprises just over 40% of his total net worth, Vincent questions whether this level of exposure aligns with expert recommendations for a diversified portfolio.Tune in to hear Vincent's reflections on achieving financial balance through diversification and his plan to adjust his real estate investment to reach a more optimal percentage of his net worth.

Navigating Market Volatility: The Market Giveth and the Market Taketh

In this episode of "What is My Net Worth," host Vincent Curtis delves into the unpredictable nature of the financial market and its impact on his personal net worth. With the S&P 500 experiencing slight dips, Vincent reflects on his current investment strategy, debating whether to adjust his stock and bond allocations in light of market volatility and inflation concerns. Vincent shares insights into his investment choices, including his preference for low-cost, passively managed mutual funds in his IRA. He discusses the benefits of these funds and his approach to reinvesting dividends to maintain a balanced portfolio. Despite advice to rebalance his entire portfolio regularly, Vincent opts for a more aggressive strategy, aiming for substantial growth. Join Vincent as he explores the dilemma of whether to increase bond allocation to hedge against inflation or to continue with his existing strategy. He invites listeners to share their thoughts on rebalancing portfolios and offers a glimpse into his financial journey, encouraging feedback and discussion on investment strategies.

Financial Detours

In Episode 2 of What is My Net Worth?, titled "Financial Detours," host Vincent Kurtis explores the unexpected financial decisions he's made recently, including an unplanned vacation to Puerto Vallarta and taking on a seasonal job. He discusses how these detours, while temporarily impacting his net worth, are part of a larger strategy to balance short-term spending with long-term financial goals, emphasizing the importance of mindful decision-making in building wealth.

My Net Worth - Personal Finance Tips | Vincent Kurtis

Welcome to the inaugural episode of "What is My Net Worth?" with your host, Vince Curtis. In this episode, Vince embarks on a personal journey to understand and improve his net worth, sharing his current financial standing and the steps he's taking to enhance it.Vince discusses the importance of tracking net worth, offering insights into the tools he uses, like Rocket Money, to monitor his financial health. He explains why net worth is crucial for a secure retirement and shares his personal goals for financial growth.Listen in as Vince outlines upcoming topics, including the implications of retiring with his current net worth, the challenges surrounding social security, and the importance of planning to avoid financial dependency on family. Join Vince as he explores the path to financial freedom and prepares for a fulfilling future.Don't miss out on future episodes where Vince delves deeper into his financial journey. Like, share, and subscribe for more insights and updates on achieving financial security.