Random Thought: Your Net Worth?

Ok, so me personally, I do not really know how much my own personal net worth is? But my question is: How would you go about figuring out your net worth? I’m pretty sure your House and Your car accounts for it I believe? Is there anything else? Like maybe checking and savings accounts? What else am I missing?

Also, what’s YOUR own personal net worth and how would you go about increasing it for yourself? Thanks for help. Just trying to educate myself more on it!!!

 

The best person to help with this is Scarlett.

I will alert him.

 

Net Worth Calculator: What's My Net Worth?.

I'm not comfortable sharing personal financial information, but if this helps it's pretty basic; earn more, save (invest) more, spend less - especially spending by using credit or loans.

 

Thanks Todd. I agree personal information should NOT be posted.

 

I see Todd is glaringly missing! lol

 

Me too. lol

 

Therefore my advice could suck

 

I am not a Conservative and therefore not into this type of thing.

A thing from an accountancy point of view

A car if owned is a depreciating asset and nothing more
Many are on Personal Leasing schemes and therefore shouldnt count at all .

Make sure you save for tomorrow in the form of a pension . That will help you to stop working beyond an old age and enjoy life .

Avoid keeping up with the Jones' and enjoy life .

If you can afford buy a house dont rent as the latter is dead money

 

LOADED LOL

 

I'm completely worthless.
Just ask my wife.

 

One good thing about having nothing. You have nothing to lose. Or the IRS to take.

 

Thanks clark howard

 

Dave Ramsey too!