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NETworth Calculator

Great Advice From MoneyTrack Contributor, Les Abromovitz


Here's a little test. How much cash do you have in your wallet or purse? and how much did you spend last weekend? Do you know how much money you have in your checking account? Maybe you don't have a clue how much cash your spent or the amount outstanding on your credit card. For some people, the only concerns are having that $15 a month to put toward the balance and not going over their credit limit.

We're talking about your Networth!

Would you know your networth off the top of your head? Do your assets exceed your liabilities? One of the best ways to get off the spending track and into building what I call, your "future wealth" is to take a snapshot of where you stand financially. Go ahead and take the 60 seconds you need to input your information below. When you get to the end, if that bottom line is positive, you can focus on growing that number. If your bottom line is negative, you'll want to take a good look at where you cut back because if you stay the course, owing more than you own, you're heading for a crash at some future point. Go on - - take the test!

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