How to track your net worth (and why monthly beats daily)
Net worth — everything you own minus everything you owe — is the single most honest number in personal finance. Most people either never compute it or burn out maintaining a spreadsheet. The fix is a system, not more discipline.
01Inventory everything once
Bank accounts, brokerage positions, crypto, pension, property, even the car. The first pass is the hard one; missing assets is the most common reason tracked net worth is wrong.
02Value consistently, not perfectly
Market assets have prices; illiquid ones need a consistent rule (purchase price, latest appraisal, conservative estimate). Consistency matters more than precision — you are tracking the trend, not the cents.
03Review monthly, not daily
Daily swings are market noise that trains anxiety, not insight. A monthly check captures the real trajectory and keeps the habit cheap enough to sustain for years.
How Mintail does this for you
Mintail holds the full inventory in one dashboard, updates market assets with automatic pricing for thousands of instruments, and applies AI-powered valuation estimates to the rest — your net worth stays current without the spreadsheet.
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