Comments on: How to Figure Out Your Net Worth http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/ Real Personal Finance for a Life Without Limits! Thu, 18 Mar 2010 18:56:18 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: jay http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2854 jay Wed, 31 Dec 2008 03:21:43 +0000 http://ptmoney.com/?p=1560#comment-2854 this post was very good and very informative. If you are looking to do any advertising for your site check out <a href="www.financetrail.com" rel="nofollow">Finance Trail</a> this post was very good and very informative. If you are looking to do any advertising for your site check out Finance Trail

]]> By: Weekend Links Roundup | Growing Money http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2808 Weekend Links Roundup | Growing Money Sun, 21 Dec 2008 04:06:15 +0000 http://ptmoney.com/?p=1560#comment-2808 [...] How to Figure Out Your Net Worth Prime Time Money shows how to accurately calculate our net worth, by taking everything we own, and then subtracting all our debts and liabilities. By everything we own, he means that we should include the everything in financial institutions and items at home, like of jewelry, furniture, art pieces, etc. The problem is that it’s hard to accurately calculate the worth of jewelry or furniture and art pieces. Also, i would like to point out that furniture are depreciating assets and are very difficult to sell, almost negligible in my view. Art pieces, on the other hand, can really appreciate in price, however unless you are active in the art market, it would be difficult to know how much they are worth. Bottom line is, it would be great to figure out our true net worth, but it may be more difficult than it’s worth. [...]

[...] How to Figure Out Your Net Worth Prime Time Money shows how to accurately calculate our net worth, by taking everything we own, and then subtracting all our debts and liabilities. By everything we own, he means that we should include the everything in financial institutions and items at home, like of jewelry, furniture, art pieces, etc. The problem is that it’s hard to accurately calculate the worth of jewelry or furniture and art pieces. Also, i would like to point out that furniture are depreciating assets and are very difficult to sell, almost negligible in my view. Art pieces, on the other hand, can really appreciate in price, however unless you are active in the art market, it would be difficult to know how much they are worth. Bottom line is, it would be great to figure out our true net worth, but it may be more difficult than it’s worth. [...]

]]> By: Carnival of Personal Finance #182 : Carnival of Personal Finance http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2749 Carnival of Personal Finance #182 : Carnival of Personal Finance Tue, 09 Dec 2008 00:26:31 +0000 http://ptmoney.com/?p=1560#comment-2749 [...] How to Figure Out Your Net Worth [...]

[...] How to Figure Out Your Net Worth [...]

]]> By: Jon Kepler http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2728 Jon Kepler Fri, 05 Dec 2008 19:59:02 +0000 http://ptmoney.com/?p=1560#comment-2728 Two things. First, business owners can and should include the value of their business. Also, acquiring assets that pay you more than you pay on the loan you took out to buy them IS smart, which is a little different than what you said at the end of the article. Of course, funding consumerism with debt isn't great, but I don't think that's what you were trying to say. Two things. First, business owners can and should include the value of their business. Also, acquiring assets that pay you more than you pay on the loan you took out to buy them IS smart, which is a little different than what you said at the end of the article. Of course, funding consumerism with debt isn’t great, but I don’t think that’s what you were trying to say.

]]> By: Jonathan @ MYC http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2724 Jonathan @ MYC Fri, 05 Dec 2008 19:10:00 +0000 http://ptmoney.com/?p=1560#comment-2724 Thanks for the replies, guys - glad you found this post useful :) PT - I've been looking at Mint for a while. Having to hand over my online banking username and password really turned me off though. Thanks for the replies, guys – glad you found this post useful :)

PT – I’ve been looking at Mint for a while. Having to hand over my online banking username and password really turned me off though.

]]> By: RC@ThinkYourWayToWealth http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2710 RC@ThinkYourWayToWealth Thu, 04 Dec 2008 03:29:23 +0000 http://ptmoney.com/?p=1560#comment-2710 @PT- Will keep an eye out for your review- I have not used Mint yet but am planning on it. @PT- Will keep an eye out for your review- I have not used Mint yet but am planning on it.

]]> By: PT http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2708 PT Wed, 03 Dec 2008 21:15:16 +0000 http://ptmoney.com/?p=1560#comment-2708 I just started an account with Mint and I'm slowly adding all my accounts in (takes a while). It's definitely easy on the eyes. I may do a review soon. I just started an account with Mint and I’m slowly adding all my accounts in (takes a while). It’s definitely easy on the eyes. I may do a review soon.

]]> By: PennyScraper http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2707 PennyScraper Wed, 03 Dec 2008 21:01:17 +0000 http://ptmoney.com/?p=1560#comment-2707 I use mint.com to keep track of my net worth and also helps in monitoring my many accounts!You guys should check it out! I use mint.com to keep track of my net worth and also helps in monitoring my many accounts!You guys should check it out!

]]> By: PT http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2705 PT Wed, 03 Dec 2008 17:01:01 +0000 http://ptmoney.com/?p=1560#comment-2705 @ JFunk - Thanks for stopping by and commenting. I'm in the same boat as you: still have one car note that's bugging me. And I think everyone's NW has taken a big hit since stocks have been down so much. They'll be back though. Thank again for stopping in and saying hi. @ JFunk – Thanks for stopping by and commenting. I’m in the same boat as you: still have one car note that’s bugging me. And I think everyone’s NW has taken a big hit since stocks have been down so much. They’ll be back though. Thank again for stopping in and saying hi.

]]> By: JFunk http://ptmoney.com/2008/12/03/how-to-figure-out-your-net-worth/comment-page-1/#comment-2704 JFunk Wed, 03 Dec 2008 15:52:37 +0000 http://ptmoney.com/?p=1560#comment-2704 Mine's in the negative with plenty of zeroes on it, which is why we're focused on paying off our debt. Credit cards are gone, one car down one to go, and those student loans on a 30-year note - we want to get those done in 6. It's a long process but it will be worth it in the end. Nice blog PT - glad I found it! Mine’s in the negative with plenty of zeroes on it, which is why we’re focused on paying off our debt. Credit cards are gone, one car down one to go, and those student loans on a 30-year note – we want to get those done in 6. It’s a long process but it will be worth it in the end.

Nice blog PT – glad I found it!

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