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Updated 9 months ago,
- Rental Property Investor
- Memphis, TN
- 1,135
- Votes |
- 1,312
- Posts
Do you track your net worth?
I'm teaching a class on buy and hold real estate investing in Memphis and I'm looking for some real life examples to share with the students.
Here's the brief background on my question below.
I believe 2 things.
1. People who regularly measure their net worth have a larger net worth than those who don't track it.
2. People who track their net worth regularly grow their net worth faster than those who don't measure it regularly.
If you're like me and you belief these 2 statements (I'm assuming everyone does, right?!), will you share some basic facts with me about your experience so I can have some real life examples to encourage with my class with (below is my personal experience)?
Personally, I have been tracking my net worth on a monthly basis since 2008 and it has grown 50X over that time period.
What is your experience with tracking your net worth?
- Douglas Skipworth