Reply to Percent of Liars on this forum: what’s your guess?

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[quote=Anonymous][quote=Anonymous]I think there are a lot of people that over estimate their HHI or home value. I am more intrigued by those that have their net worth down to the penny.  I may be in the ball park by 250k or so but that is as close as I will get on any given day.  
There are also many different philosophies on how to calculate net worth or salary - I have seen many who include stock options in those values or home values in the net worth.  [/quote]

I’m the OP.  It’s actually really easy to track your net worth to the penny.  I use the Personal Capital app.  All you do is link your various accounts to it (checking account, credit cards, mortgage, brokerage, etc) and it updates and categories everything for you in real time.  So all you need to do is click on an app and know exactly where you stand financially and where your money is going.  It’s especially useful come tax time when you are itemizing deductions.  It’s also helpful when you have rental properties, like I do, because with a click of a button you know what your expenses are to write off against your rental income. 
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