December 1, 2010

Net Worth Update : November 2010 : -$630

I track my net worth monthly on NetworthIQ.

Our net worth at the end of November was $648,289.  Thats down $630 compared to October.

There weren't any major changes in our finances.   Our cash balances grew a little, my stock assets increased a bit, our retirement was up a small amount and we continued to pay down our mortgages.   On the negative side,  the value of our real estate dropped.


  1. How does one calculate their net worth?

  2. Dan,

    Good question. Short answer is that you add up the value off all your assets and then subtract your debts. The result is your net worth. I'll write an article to go into it more and provide a more detailed, longer answer.


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