Most People Don't Know Their Net Worth. Here's Why That's a Problem.
Quick question: What's your net worth right now? If you hesitated, ballparked, or mentally added "give or take $25K" โ you're not alone. Most people carry around a vague sense of their financial standing that's usually somewhere between optimistic fiction and anxious underestimate. We know roughly what's in our checking account. We have a general idea about retirement savings. Beyond that? It's mostly guesswork held together with good intentions. Here's the thing: that gap between what you think your net worth is and what it actually is? It's costing you.