Do you keep a running tally on your net worth, month to month? If so, how do you include your home and home improvements? I’ve used Mint to track my finances for about four years now. If you put in your real estate address(es), it will import the values from Zillow. I’ve found that these […]
Tag: accounting
Two Basic Accounting Formulas Applied to Personal Finances
Did you get the chance to take an accounting course in college? Let’s review two basic accounting formulas you may have learned: Assets = Liabilities + Equity This “Accounting Equation” is the very basic foundation of double entry accounting. Every transaction has to make sure that this equation is in balance. Using basic arithmetic principles, […]