I'm attempting to do a networth post. I think this is how to calculate this stuff...i'm not exactly sure. I am going to just list all my assets, then my liabilities, subtract one from the other and....be done? But - some people list EVERYTHING as assets. For example they put down the dollar amount their furniture is worth. But then I feel like I shouldn't even add my CD because that's not money I could use right away without a penalty. Anyways...let's jump into it.
CD: $10, 107 (I found out it's a 5.26% interest rate, how does that compare?)
Total Assets: $16,288
Total Liabilities: $230,000 mortagage
Networth is: -$213, 712