Cashtoons

Don't Let Small Barriers Stop Big Progress

November 12, 2021

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.

networth

So I opened an Excel spreadsheet,

computer monitor Excel

titled it Networth-Nov 2021 and…

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.

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.

passwords

Time to do something else!

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.

write down passwords

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


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