Medicated Money

Tuesday, October 10, 2006

Another Damn Good Question

JLP over at All Financial Matters posted another great question of the day.
Should home equity be included in figuring net worth?

As some of you know, I recently had a post that discussed what should and should not be included in one's net worth. Unfortunately, we currently do not own a house, so we do not face this question on a daily basis. However, if and when we do own a home, our plan is to not include the home equity into the equation. Why? Well, I'll answer that question with a question: How do you determine that number?

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