December (next month) is the month where I will always do a yearly “balance sheet” and “income statement” for the entire year. I will usually do this at the end of the month. This includes consolidating my daily expenses from my usual excel tracker, sorting it based on categories and identifying the highest contributors. It is also the month where I will do a calculation of my annual returns from my overall portfolio, including “war chest” (cash) sitting in various principle secured vehicles which usually comes with low yield. I will simply sum up all my assets (home, car, cash, stocks, etc.) and deduct my total liabilities (housing loan, car loan, etc.) to determine my overall net worth. I will compare it with last year to determine the “increase in net worth” which equates to the growth. Once I have 5 years’ worth of data, I can also plot it on a graph and project...