Figure out your current net worth

- [Narrator] Now that you've calculated your number and broken it down into smaller goals. Next you need to see where you're starting from by calculating your net worth. Your net worth is the difference between your assets, i.e. things that have value, like cash, your home if you own it and investments and your liabilities, i.e. any kind of debt. Your net worth is the most important personal finance number for you to track on a regular basis. I track mine daily and you should too, or at least once a week. If you've never done so or haven't done so in a while, it can be really stressful to sit down and take stock of your finances, but you got to do it. If you ignore your money, you're wasting precious time that you could be using to start building wealth, because you can't map out a strategy until you know the facts. Every day you procrastinate, you're wasting time. Trust me while it might be tough to look at your money…