http://www.thoughtfulconsideration.com/2006/10/17/finance-investing-etc/net-worth-calculations-can-be-tricky/ Live Better - Get Your Think On! Tue, 06 Jan 2009 14:24:32 +0000 http://wordpress.org/?v=2.2.1 http://www.thoughtfulconsideration.com/2006/10/17/finance-investing-etc/net-worth-calculations-can-be-tricky/#comment-16 Great Trick When Calculating Net Worth » Blog Archive » ThoughtfulConsideration.com - "Live Better - Get Your Think On!" Fri, 03 Nov 2006 21:55:36 +0000 http://www.thoughtfulconsideration.com/2006/10/17/finance-investing-etc/net-worth-calculations-can-be-tricky/#comment-16 [...] That method includes a carefully constructed formula, and I’ve already shared my thoughts on the subject. But if you really want to focus on your true, conservatively-calculated net worth, here’s a great trick: include some liabilities without adding in the value of the asset. The effect is that you immediately see the downside of purchasing large, non-appreciating “assets.” Buying expensive electronics or a new car comes right out of your net worth total with nothing to soften the blow! It’s beautiful. [...] […] That method includes a carefully constructed formula, and I’ve already shared my thoughts on the subject. But if you really want to focus on your true, conservatively-calculated net worth, here’s a great trick: include some liabilities without adding in the value of the asset. The effect is that you immediately see the downside of purchasing large, non-appreciating “assets.” Buying expensive electronics or a new car comes right out of your net worth total with nothing to soften the blow! It’s beautiful. […]

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