Net Worth Tracker
I once thought income was the #1 measure of wealth. I was wrong.
Instead, net worth is the way to measure financial wealth and health. Net worth is rooted in frugal living and investing behaviours.
To help you measure net worth, you can use this Google-Sheets net-worth tracker to help you measure your net worth.
What It Does:
- Calculate your net worth based on your assets (what you own) and liabilities (what you owe).
- Divide up asset types. Investment assets grow net-worth using the power of compound growth. “Use assets” depreciate, eroding your net worth.
What You Need to Do:
- Make it your own: Save to your Google Drive or download an excel copy.
- I like to update my net-worth every six months. It is helpful to put reminders in your calendar.