Tracking Personal Net Worth

[muscleman]

Just as a basketball player should focus 100% on the court instead of the score board, you don't need to track your personal net worth. Just focus 100% on your investments and you will end up well :)

[dowfin1]

quicken is the best in my experience i track everything in it (credit cards, cash, stocks, funds, real estate, loans, private investments etc. etc.)

 

hy

 

Agreed.  Quicken can track everything including investment returns by stock, account, time period, asset class etc.  Have all my data input since 1993 and available in 1 file.

[ScottHall]

The lion's share of my net worth is calculated monthly and set to me in the mail, to which I just add my investment accounts and shares I own of a privately held company. It takes like five minutes.

[Patmo]

Personally I don't calculate that crap, I know I spend significantly less than I earn to begin with aka I have a large personal finance margin of safety! I'm reasonably cheap on the big stuff, so that I can live well on the day-to-day. I own a 7yo car paid in cash, rent a room, etc. So I don't think twice if I want to treat a coworker to lunch, go do activities of any kind, buy books on amazon etc. I also only buy stuff when I need/want them rather than chasing bargains for crap I won't use. I enjoy life much more that way than having a brand new car, boat, mortgage, RV, 3D HD plasma TV and stay up all night, calculating every penny to figure out whether I'll make it this month. These toys just won't make me happier enough to justify the cost. Rant over  :-X.