tag:blogger.com,1999:blog-14245531.post2693067438059168941..comments2023-11-18T01:21:55.631-05:00Comments on My Open Wallet: Net Worth Update Feb. 07Madame Xhttp://www.blogger.com/profile/11536189690094235926noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-14245531.post-13521583365036640132007-03-07T18:01:00.000-05:002007-03-07T18:01:00.000-05:00I include my home equity calculated as the current...I include my home equity calculated as the current market value minus what I still owe on the mortgage. This is slightly higher than the purchase price, but not much-- I wanted to be fairly conservative about estimating the value.Madame Xhttps://www.blogger.com/profile/11536189690094235926noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-87656507312796912512007-03-07T17:39:00.000-05:002007-03-07T17:39:00.000-05:00Do you include the strict home equity in your net ...Do you include the strict home equity in your net worth? Meaning, if your condo cost $400K and you've paid off $75K of the principle since the purchase, is that $75K in your net worth? I ask because I struggle with this when calculating my net worth, there's the strict home equity of what I've paid of the purchase price, but now after several years there's the market value of the apartment. I know I could add 100K to my net worth if I accounted for what the NYC market is for my place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-51217995461041357802007-03-02T10:12:00.000-05:002007-03-02T10:12:00.000-05:00bronx chica here...I like how you did your net wor...bronx chica here...I like how you did your net worth...breaking it down...i need to do the same on a excel spreadsheet even though I'm unemployed at this time...love the blog!Anonymousnoreply@blogger.com