Jace Callor | Time Based Wealth

25 | Wealth Sustainability Score = 0.4/3.1 | Accumulated 190k+ in assets | Providing the methods, metrics, mindset, and motives of building time based wealth.

[Jace Callor | Time Based Wealth @jacecallor]

What is your Wealth Sustainability Score (WSS)?

It's top-notch in documenting your financial progress.

WSS is an elite indicator of wealth because it's:
-new and refreshing
-an indicator of financial health
-a dual-valued metric

Here's why it changed my money management ⤵️

• ———— Wealth is TIME ————— •

Do you ever feel like all you hear about is how you need more money?

I feel this all the time.

But I always ask myself, why do I need more money?

The answer is I want more time to do what I love, with the people I love.

So is wealth really about how much money I have?

Not to me.

Wealth is not:
- a high paying job
- a big house and fancy cars
- my net worth

it IS:
- being emotionally stable with my financial state
- prioritizing investing (to create more time)
- time making memories with loved ones

It's new and refreshing to think wealth is measured in time, not money.

• — Financial Resilience, Long-Term Security —•

What wealth and money comes down to...

When we really boil everything down...

is that we want to know
-we can bounce back from financial hardships
-we're going to be okay long-term
-we can do fun things along the way.

The WSS tells us how well we can do those things (and what we need to work on if we can't yet).

It not only evaluates your wealth, but also it's stability.

It quantifies how long an individual can sustain their current lifestyle without working by dividing total liquid assets and passive income by monthly expenses.

So many people are worried about retirement savings.

This metric is helping me make sure I am on track.

It's an encompassing indicator of financial health.

• — WSS to Finance as Blood Pressure to Health —•

Like how blood pressure indicates physical health.

The WSS indicates financial health.

I love how the WSS is unique in assessing stability.

It uses a stability stability factor, ranging from 1 (highly stable) to 5 (highly volatile) to tell me how likely my current financial situation is to change.

That change could be good (increasing my wealth).

Or bad (decreasing my wealth).

Either way, I can be prepared.

The best part about the stability measurement,

is that it helps me know EXACTLY what to work on.

For example it:
-shows me where I need to be with income.
-pinpoints expenses to lower

Most of all, it motivates me to improve my finances.

More than any other metric I have seen.

• ————— Uses A Personal Budget —————•

The easiest way to calculate a WSS is from a budget.

That's because using a budget is the easiest way to:
-know your income
-know your assets
-know your expenses
-know your goals/what needed to hit them

Using a budget is how my wife and I live peacefully.

Using the WSS is how we plan for our future.

[Jace Callor | Time Based Wealth @jacecallor]

@KiraaWells This journey is so fun :)

[Jace Callor | Time Based Wealth @jacecallor]

Made some good progress today.

Taking longer than expected but so fun building!

[Jace Callor | Time Based Wealth @jacecallor]

@BasithPH So glad to hear it!

[Jace Callor | Time Based Wealth @jacecallor]

@IncomeDiversify For sure! Love the journey, it’s the best part!

[Jace Callor | Time Based Wealth @jacecallor]

@ItsMikeBraun absolutely! You’re killing it mike keep it up!

[Jace Callor | Time Based Wealth @jacecallor]

@MarkTheLaird Me! 🙋‍♂️

[Jace Callor | Time Based Wealth @jacecallor]

@FinancialLeo that’s a beautiful cycle

[Jace Callor | Time Based Wealth @jacecallor]

You can choose 3 metrics to tell your financial story.

Which ones are you choosing?

[Jace Callor | Time Based Wealth @jacecallor]

@BasithPH All so important to building time based wealth!

[Jace Callor | Time Based Wealth @jacecallor]

@Intentional_Liv Thanks!!

[Jace Callor | Time Based Wealth @jacecallor]

I have been less active on X this week.

I have been spending my time finishing the WSSS.

The Wealth Sustainability Score System.

I am excited to roll it out here soon!

[Jace Callor | Time Based Wealth @jacecallor]

@jackiekenoyer This is fantastic and so inspiring! I would love to be apart of something like this someday. Great job Jackie thanks for sharing!

[Jace Callor | Time Based Wealth @jacecallor]

@elliotdenvir Thanks Elliot!

[Jace Callor | Time Based Wealth @jacecallor]

@adrienne_lain More quality stuff! Thank you so much for sharing! :)

[Jace Callor | Time Based Wealth @jacecallor]

@Intentional_Liv yeah….. no…..

[Jace Callor | Time Based Wealth @jacecallor]

@adrienne_lain Thanks for sharing Adrienne! First of all, LOVE your thought process on breaking down this report.

Second, thanks so much for the advice. Extremely helpful and definitely going to do it! Really appreciate it!

[Jace Callor | Time Based Wealth @jacecallor]

If you had a single report that told you everything you needed to know about your financial state...

What would be on it?

[Jace Callor | Time Based Wealth @jacecallor]

@FinanceCamm Thanks for your support! So excited to share it!

[Jace Callor | Time Based Wealth @jacecallor]

@BasithPH Thanks! Excited to share it!

[Jace Callor | Time Based Wealth @jacecallor]

@CAravey hahah ill teach you how to use it 😂

[Jace Callor | Time Based Wealth @jacecallor]

@Intentional_Liv I agree with you for sure... Not the right time.. save more, work on the debt a little bit and try again.

[Jace Callor | Time Based Wealth @jacecallor]

A 37-year-old single mother in Texas wants to buy her first home.

She works as a marketing manager making $85k/year.

Here’s her financial situation:

Assets:

$20k cash
$45k in a brokerage account
$25k in a 401k
Liabilities:

$12k in student loans at 5.5%
$5k credit card debt at 18%
The house details:

3 beds/2 baths
$300k purchase price
30-year mortgage at 6.5%
Would rent for $2,000/month if she decides to rent it out in the future

She’s considering three options for the down payment:

A) Withdraw from her 401k
B) Sell part of her brokerage investments
C) Take a personal loan

Would you do any of these?🤔