Tracking your net worth is the single best way to monitor the health of your finances. Here we cover why it's so important to track your net worth, and several tools that make it very easy to do.

Simply put, your net worth = assets - liabilities. There are more specific online calculators to use as well.. Track changes over time . The power of knowing your net worth comes from tracking it ...

Tracking net worth over time allows you to measure your progress toward financial milestones. Even small improvements month after month can show you that you're moving in the right direction.

Few people track their net worth from year to year, even though it can be an extremely powerful motivator to achieve goals. Your net worth is a point-in-time snapshot of your assets and your ...

Also, your net worth should grow over time. So, even if you make a high salary at age 23, you might have a lower net worth than someone with a lower salary who is 53 years old. Net Worth By Salary ...

In most cases, time is your friend when it comes to growing your net worth. Finally, it's worth pointing out that millionaires aren't all that uncommon. Over 25% of households age 50 and older had ...

Here are the top five tips for managing your money and building your personal net worth: 1. Don’t carry debt. Carrying debt and owing money is expensive, especially when taking high-interest ...