I know many of you who frequent financial blog sites may have already visited NetworthIQ, but for those of you who have not, I recommend doing so. Especially if you are a visual person like myself! NetworthIQ is a personal finance tool that allows you to create a profile (which other members can view) to track your net worth. After plugging in a few numbers, your assets and debts will be added together to figure your total net worth. It even breaks this information down into percentages and graphs for your viewing pleasure. All for free! It truly is an inspiration!

Initially I was turned off by the fact that this information is publicly displayed for all to see, but after I created my own profile I realized it’s actually quite liberating. Whether you’re in the black or the red, it’s like your telling the world, “My name is (insert name here), and here is what I’m worth!” For some it’s a visual representation of all their hard work, while for others it’s like the first step towards admitting they need to make some changes in their life.

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