When we think about growing our net worth, most of us think of actions like earning more money, paying down debt, and investing in appreciating assets. However, we sometimes forget that who we know can help us grow our net worth.

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There was a time when paying down your debts was good, prudent financial advice that came from the banks, other financial institutions and advisors.

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Knowing your net worth is a very important skill for financial and retirement planning success. Here's how to calculate your net worth.

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Is your real worth as a person connected to your net worth? How do you feel about those who have more than you? How do you feel about those who have less?

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