Net worth is an important number that is not just reserved for high-profile people. Everyone has a net worth whether it’s positive or negative. It’s important to track your net worth because this number represents the assets you actually own.
Determining your net worth can help you decide when to retire or simply help you see the bigger view of your entire financial situation. Luckily, calculating and tracking your net worth is very easy. Here are some steps to help you start tracking your net worth along with some tips to help you increase it.
This post originally appeared at Everything Finance.