9 - Track Your Net Worth
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Now that you understand the IMPACT Model (ep. 3-8) and how to improve your net worth, it\\u2019s important to understand and track it. In simple terms, your net worth is assets minus liabilities. Ken goes on to explain the reason why we as individuals measure net worth is because it is the sum total of all of our life\\u2019s financial activity. It is a clear summation of your financial situation without all the noise of transactions, credit cards, loans and so forth. It allows you to measure your progress. In this episode, Ken helps you calculate that bottom line number, and understand what areas to look at. How often should you check your net worth? What is the best way to track this number? Ken talks about all this and more.
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