This is my monthly report of our personal net worth progress for November 2017.
I’m sharing this to show how important it is to track your net worth and seeing the progress. Tracking is what I also expect and advise my clients to do.
From tracking your personal net worth and see how much you are worth, you can learn what works and what you should change in your finances.
It’s the first step to Eliminate money as a source of stress be confident about your future.
If you’d also like to see how much you are worth the way I do, I created this tool, especially for my readers. You can get it here.
If you don’t know what the net worth definition is, check it here.
How do you measure your financial progress? Do you really track EVERYTHING you own and make sure you make progress?
Table of Contents
OUR PERSONAL NET WORTH ANALYSIS
Last night I finished doing our personal net worth calculation for the month (I do it in the last week of every month). I’m using a spreadsheet tool I developed for myself. It’s a pretty simple tool that helps me keep on track.
Here’s what I found out this month.
Our personal net worth grew by 0.135% . :-/
Compare it to 3.69% 2 months ago…
What saved the day from that not being negative is our US stock portfolio and also…our small hold in Bitcoin (At 9950 USD/BTC while writing these lines)
Should I be worried? Probably not.
Not every month needs to be great, and I should also prepare myself when stock markets can fall and the personal net worth will drop. This happens. But, I’d definitely keep an eye.
We also expect to increase the personal net worth significantly next year, so I know things are coming up.
I’m giving this tool away to whoever wants it, so YOU can track your progress and make sense of your finances.
It’s very easy to use (according to all feedback I got from the early users) and it’s a baby step towards your financial freedom.
The tool is given to everybody who signs up to the 6-day email mini-course once the course is finished.
Sign up for the course and you’ll get it as well.
NOW OVER TO YOU
So, how is this personal net worth update helping you?