I track my net worth, too, actually. And I do it twice a year. It kind of helps me keep a more long-term view. When I first started tracking my network, I thought that I was saving like $200-$300 a month. That's what I had in my head. But when I actually went to track it, I was losing $200-$ 300 a month,. And it's just crazy, because that's like a four or $500 delta? Delta?
#3: Paula and J. Money share the financial habits they use to grow wealth.
Full show notes can be found at http://themoneyshow.co/03
Listen as they share their favorites (and a couple neat tricks):
- Track Net Worth
- Maximize retirement savings accounts
- Pay bills at least 1 month in advance
- Set up bills on auto-pay
- Leave a buffer in your checking account
- Round up debt payments
- Double the principle payments of your mortgage
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