Carnivals galore
Not the kind with carousels, cotton candy and interesting characters trying to take your money at ring toss, but blog carnivals. Blog carnivals are weekly roundups of blog postings in a particular subject area.
This week’s Carnival of the Capitalists is up and we’re in it! Be sure to check it out for some other great business/finance posts.
Also, the Carvival of Personal Finance is up over at Free Money Finance. More helpful postings to help you manage your money, and increase your net worth.
July 25th, 2005 at 12:37 pm
Thanks for the mention, Ryan.
July 25th, 2005 at 9:29 pm
Personal finance blogs. Who knew? Ah, another topic to take up hours of my “free” time…
Hey, I noticed people on NetworthIQ were listing their cars in the *assets* column?? I’m sorry, but a $30,000 car is not a $30,000 asset. Cars deprecate like crazy, and in my opinion after your car has reached a certain mileage it is a liability due to wear-and-tear and impending breakdown doom.
July 26th, 2005 at 12:58 pm
A car is an asset equal to the amount that you can sell it for. Don’t count it as an asset if you haven’t paid for it yet. I’m guessing that most people who are serious about their net worth own their cars outright. I use the dealer trade in cost that is found on kbb.com when calculating value. A car is an asset if you can sell it, especially, if you bother to insure it.
July 26th, 2005 at 7:56 pm
Jeff’s right on, it’s worth what you can get for it and kbb is a good place to check on that. But zeroth has a point about depreciation. If you’re diligent about tracking your net worth, the car category should be updated each month to reflect the declining value.
Unless of course you own a Prius, which I heard are appreciating due to the waiting list for new ones.
November 12th, 2008 at 4:55 pm
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