Knowing your net worth isn’t about bragging at parties. It’s about getting a reality check without a therapist’s bill. When you see your number, you stop guessing. “Do I have enough for a down payment?” The number tells you. “Should I buy this boat?” The number screams “NO.”
What is my net worth and how does it impact my retirement
It also helps you spot progress. Six months from now, if your net worth went from -$3,000 to -$1,500, you’re literally climbing out of a hole. That’s a win, even if the number is still negative. Progress, not perfection.
