Jessie Jimenez

Knowing where you are is comforting

This is the first time I will have actually added up everything on paper to find my net worth. All assets and liabilities listed in one place.
<img src="map.jpg" alt="networth">
So I opened an Excel spreadsheet,
<img src="dollarcomputer.jpg" alt="computer monitor Excel">
titled it Networth-Nov 2021 and...
<img src="phone2.jpg" alt="distracted with phone?">
Got distracted doing something else.
It took another day before I came back to it, but I left it open on my desktop waiting for me, so I could start listing assets right away.
<img src="/images/imagine.jpg" alt="assets">
Then it was time to plug in the numbers, which means logging into accounts to find out what's in there, and... so many passwords.
<img src="/images/password.jpg" alt="passwords">
Time to do something else!
<img src="/images/basketball2.jpg" alt="basketball">
Small things like not knowing where or what your passwords are can be the reason you don't know your net worth.
This week: If you don't have a system for keeping your passwords safe, but accessible to you, find one. This is one of the gifts that keeps on giving.
<img src="/images/passwords2.jpg" alt="write down passwords">
<img src="/images/sources1.jpg" alt="sources">
https://www.nerdwallet.com/article/finance/net-worth-calculator
https://www.investopedia.com/articles/pf/13/importance-of-knowing-your-net-worth.asp
Why Didn't They Teach Me This In School by Gary Siegel
The Boglehead's Guide to Investing, 2nd Edition by Taylor Larimore, Mel Lindauer, Michael LeBoeuf