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Money and Finances
Reply to "What's your net worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are people on DCUM so obsessed with this? And how do they even know the number?[/quote] It's called financial planning. Everyone should be aware of their NW and have goals for retirement $$[/quote] I do a lot of financial planning but a figure for net worth is irrelevant. It is not a useful concept for financial planning. Instead I am trying to match my income with my expenses.[/quote] Agree. NW is irrelevant to my financial planning as well. Yes, I know the number when I include primary home’s equity but that home equity does not factor in because I’m not moving or selling. My financial planning includes everything but primary home equity (and includes mortgage payments until we pay off house). [/quote]
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