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Reply to "Do you include your home equity in net worth ? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What do all of you people use your "net worth" calculation for? [/quote] I look at how it changes year over year to see how we are progressing and to set financial goals. [b]It helps to see when we need to double down on savings or can spend some money on home improvement or other big ticket items.[/b] I also use the process to take a look at the weightings in various things, although our financial advisor does that as well. I see some people on here saying they do it monthly. I really only do it in January, although occasionally I will do a mid year update.[/quote] And how does your home equity impact those decisions. [/quote]
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