Comments on: Watching Our Net Worth Climb

By: One Frugal Girl

One Frugal Girl — Sat, 10 Aug 2013 02:27:56 +0000

In reply to Patrick.

We use gnucash to track everything. I’ve written about it a few times before: https://www.onefrugalgirl.com/keep-your-finances-on-track-with-the-help-of-technology/. It’s not the easiest software to use.

By: Patrick

Patrick — Fri, 09 Aug 2013 16:57:21 +0000

Do you use excel to track your net worth?

I made my own spreadsheet for assets that I update monthly because I haven’t been able to find any good templates to track net worth or assets. I’m not 100% satisfied with it because I know that it could be so much more, I just haven’t invested the time to add all the features I’d like to have.

By: One Frugal Girl

One Frugal Girl — Sun, 21 Jul 2013 05:16:13 +0000

It should be noted that this graph does not include real estate as an asset. That often skews perception of net worth… Just because you “bought a house” doesn’t mean you own it. In fact your lender owns 99% of it and you pay them back for the next 15-30 years to stay in it.

For the purposes of Net Worth calculations I like to include mortgage liabilities but exclude real estate assets. This chart reflects that notion…