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The importance of tracking your net worth was highlighted in the audiobook "The Millionaire Next Door," as it is a key measure of wealth. Despite only 41% of Americans using a budget, it does not necessarily reflect one's net worth. Building and tracking wealth requires monitoring net worth, a crucial metric. To help individuals track their net worth more easily, this video tutorial aims to provide guidance for those aspiring to achieve millionaire status, emphasizing that high income does not equate to wealth.