Including Pennies in my Net Worth…

November 9, 2006 at 3:36 AM Leave a comment

At the end of every month I add up the money in all of our brokerage accounts, IRAs and 401(k)s. I use these figures, plus our liabilities, to create an in depth glimpse into our overall net worth. In addition to the big numbers in these accounts which run anywhere from $1,000+ to $200,000+ I also include a line in the spreadsheet labeled ‘coins.’

At the end of every month I add up the coins. (currently stored in cleaned out kool-aid containers). If I have enough change I roll them together. And with the final figure in tow I type the number into my net worth spreadsheet.

Is it silly to count up every penny? Probably. I know my husband gets a big kick out of this line in my net worth calculations.

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