How often to check your net worth
A net worth figure is only as informative as the interval you read it over. Check too often and you see noise; check rarely and you miss drift.
Daily movement is mostly noise
If you hold investments, the total moves with the market each day. Those swings rarely tell you anything about your own decisions, and watching them closely can invite reactive choices.
A sensible rhythm
- Monthly: a full look at the figure, the composition and the change since last month
- Quarterly: a review of direction, ratios and any adjustment to plans
- Annually: a longer view against the year before, and against your longer-term goals
What to look at each time
Start with the change, then the cause. Was it contributions, market movement, debt reduction or a one-time event? The cause tells you whether to act.
Recording daily, reading calmly
Recording the figure every day and reading it monthly are compatible. A daily record means the chart is complete when you do look, so no month has a gap or an estimate. MizuFlow records net worth daily from your linked accounts, and the weekly change is there if you want it.