How to Track Your Net Worth (and Why It Matters)

Want a fast, simple way to feel more in control of your finances without budgeting apps or tracking every purchase? In this episode of Five Minute Finance, Mike Morton explains why tracking your net worth once a year is one of the highest-impact “small effort” money habits you can build. You’ll learn what net worth really means, what to include (and what to skip), why this snapshot creates confidence and motivation, and how it can help you see real progress even when day-to-day money goals feel slow.Worth Knowing: Tracking Wins from the Wall Street JournalFind out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/