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Podcast: better. with Jerred Moon
Episode: 172: Value-to-Income Ratio (VIR)
Description: Episode Description Sign up for the newsletter here: https://jerred.com Time-Stamped Show Notes [00:00:30] Introduction to the Value to Income Ratio and its significance. [00:01:00] Explanation of why hourly rates don't reflect true income. [00:02:00] Breakdown of calculating your working days and hours. [00:03:00] How to calculate your personal hourly income. [00:04:00] Discussion on the difference between business value creation and personal income. [00:05:00] Detailed steps on calculating the Value to Income Ratio (VIR). [00:06:00] Strategic ways to improve your VIR. [00:07:00] Personal insights and experiences with tracking VIR. [00:08:00] Closing thoughts on financial freedom and the importance of tracking VIR.