Tracking your net worth and setting financial goals are essential steps toward financial freedom. By understanding your current financial standing and defining clear objectives, you can make informed decisions that align with your long-term aspirations. Here’s how to get started.
Why Tracking Net Worth Matters
Your net worth—assets minus liabilities—provides a snapshot of your financial health. Regularly monitoring it helps you identify trends, measure progress, and adjust spending or saving habits. Whether you’re paying off debt or building wealth, knowing your net worth keeps you accountable and motivated.