According to the FIRE community, knowing and tracking your Net Worth is one of the most important steps on the road to financial independence and early retirement. At all times, we need to know where we are so we can gage how far we are from our own destination and/or what kind of adjustments we need to make in order to reach our goals if we already have time lines established. Tracking your net worth makes sure you know where you stand every step of the way.
Starting this month, we are going to post our numbers the first week of every month. Here is where we stand as of today:
Any comments, suggestions, encouragements, or advice is welcome and greatly appreciated. We know we have a lot to learn and plenty of adjustments to make, especially on the investment and saving side of things.
Have a great Labor Day!