Comments

  1. Yep, I do track my/our net worth; and really enjoy seeing it going up, and up…This is how I started calling our debt ‘negative wealth’ – it is technically correct, save me using the ‘d’ word and focusing on it (you get what you focus on, right?) and make me different. I also think that Control Your Cash have got it really right – sell liabilities and buy assets is the way to a wealthy life full of joy.

  2. I don’t do this but I’m going to start now! Always been a bit nervous of doing so in case I get bummed out by the result, but you’re right – it’s better to know which direction you’re headed in so it can be changed if need be!

  3. I do my “financial Month End” every month too. Just to make sure I am on track.

    Question – are my kids Assets or Liabilities – discuss LOL

  4. I track my net worth each month as well as my debt/equity ratio. It’s really awesome to watch your % of debt decrease as you are tracking your net worth. It’s also nice to look back at each month and see from a year or two back how much progress you have made in your debt and your net worth.

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