Increasing your Net Worth
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KoalaK32
Posts: 1 Newbie
What’s the best financial decision you’ve made that helped boost your net worth? Also, what tool do you use to keep track of your net worth?
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Comments
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Trading my time for my employers’ money. I guess the answer in this case is human capital.And an excel sheet is good enough for my tracking of NW.2
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Assuming getting a job is not a "financial decision", then starting to invest was the best financial decision I made to help boost my net worth. I use a spreadsheet to track my net worth.
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Save more, spend less2
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Married my wife.4
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Though the answer would have been “having a vasectomy” if I’d actually done it.2
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Spend less.
Save or Invest more.0 -
Best financial decision:
Just before the Great Crash I bought one annuity, kept the TFLS as cash and substantially derisked my other pension funds in preparation for buying a second annuity. Pure luck, not mystic powers.
Keeping track: MSMoney
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Leaving my employer and becoming a contractor.2
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