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It’s a good idea to know your net worth every year.  This number works as a financial “report card”.  By keeping track of your net worth each year, you will know how you are progressing toward meeting your financial goals – and now that we’re at the beginning of a year, you should be receiving all of your 2012 year-end financial statements.  Do it every year at this time so you know where you stand financially.

FOX 4 Financial Expert Kathy Stepp is Working for You with more on calculating your net worth.