Know (and grow) your net worth
Your net worth is an accurate measure of your wealth. You can calculate it by subtracting your liabilities (what you owe) from your assets (what you own). Once you have this number, calculate it quarterly or every six months. Seeing how this figure increases or decreases will help you make smart financial decisions.
Pull your credit report
Eliminating uncertainty around your credit score can give you peace of mind, which is why it’s a good idea to look at your annual credit report, a compilation of your history of managing credit and paying off debt. It includes information such as how much debt you've accumulated, how you pay your bills (on time or partial payment, for example), whether you've filed bankruptcy, whether you've had a home foreclosed or vehicle repossessed, or if you have a lawsuit judgment entered against you. Once you have this, you’re able to verify the information or dispute inaccurate data. This is key because banks, retailers, potential employers and landlords may review your credit report and score to evaluate your creditworthiness before they do business with you.