Financial Net Worth

When assessing our financial health, we often think of our financial life in silos: investment and retirement account values, savings accounts, home equity, spending habits, debts, etc.

Tracking your net worth is one of the most important things you can do to assess financial health. It’s more important than how much you make or how much you spend.

Your net worth shows the result of the combination of spending, earnings, saving, investment returns, and debts.