Comments on: Calculating your Net Worth http://www.penny-saved.com/2007/07/07/calculating-your-net-worth/ Personal Finance and Wealth by the Penny Fri, 08 Aug 2008 18:34:36 +0000 http://wordpress.org/?v=2.6 By: Penny Saved http://www.penny-saved.com/2007/07/07/calculating-your-net-worth/#comment-944 Penny Saved Tue, 10 Jul 2007 11:46:49 +0000 http://www.penny-saved.com/2007/07/07/calculating-your-net-worth/#comment-944 Yup - it's safe to say that coins and electronics also don't belong in a net worth calculation. Heck, if you added up all the TV's, DVD players, and whatnot in your house, it could be significant on paper. But in reality, the value you'd get for them is far from their paper value, and they're not easily liquidated. Yup - it’s safe to say that coins and electronics also don’t belong in a net worth calculation. Heck, if you added up all the TV’s, DVD players, and whatnot in your house, it could be significant on paper.

But in reality, the value you’d get for them is far from their paper value, and they’re not easily liquidated.

]]> By: Matt http://www.penny-saved.com/2007/07/07/calculating-your-net-worth/#comment-943 Matt Tue, 10 Jul 2007 11:22:22 +0000 http://www.penny-saved.com/2007/07/07/calculating-your-net-worth/#comment-943 I leave things like clothes, DVDs, and Books out mostly because even though they might have some value the amount of money you could possibly get is such a small fraction of their perceived value that its not worth it. I even leave my coin collection and small electronics off the list for the same reason even though some of the items are 'worth' hundreds or even thousands of dollars. I leave things like clothes, DVDs, and Books out mostly because even though they might have some value the amount of money you could possibly get is such a small fraction of their perceived value that its not worth it.

I even leave my coin collection and small electronics off the list for the same reason even though some of the items are ‘worth’ hundreds or even thousands of dollars.

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