Hack 92 · Next-Level Wins & Lifetime Habits
Track Your Net Worth
Tracking net worth means totalling what you own, subtracting what you owe, and recording the result twice a year. The single number matters less than the direction of travel, which tells you whether your habits are working. Seeing the trend rise is one of the most durable sources of motivation in personal finance.
How to do it
- Total your assets and subtract your debts, twice a year.
- Record the figure and the date somewhere you keep permanently.
- Judge yourself on the trend, not on the absolute number.
What it typically saves
Shows whether your habits are working, which sustains them.
Questions people ask
What if the number is negative?
That is common, particularly with student or mortgage debt, and it is not a verdict. The trend from one reading to the next is the useful signal.
How often should I check?
Twice a year is enough. Checking monthly mostly shows market noise and encourages reacting to movements that mean nothing.
Should I include my home or car?
Include them, but be conservative and consistent. What matters is comparing like with like across readings.
Go deeper
This is the short version. The full walkthrough lives in The Money Mindset, book 5 of The Everyday Money Upgrade — where this hack comes with the asset and debt checklist, how to value illiquid items consistently, and reading the trend line without panicking at market noise.
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