There are lots of different ways to keep track of your net worth. Some people include cars or other assets, but since our cars are paid off, I just keep them out of net worth calculations for simplicity’s sake. Here's hoping that next month, we'll be in the positive! Have a great weekend!
Friday, September 2, 2011
Finance Fridays: Net Worth for August
Since this Finance Friday finds us at the beginning of a new month, I thought I’d share something we keep track of ourselves at the end of every month. I calculate our net worth each month, both as a way to track our assets and liabilities, but also to help us set goals for ourselves. And it’s a whole lot of fun to watch that number climb each month, which is what usually happens. But, that’s not what happened this month. Even though we saved a little into our savings account, and paid a little more off on our mortgage, we were still down this month because of that darn stock market!
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