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  • Why is my high interest rate savings account not an asset?

    High interest rate savings accounts generally pay slightly less than inflation. So if you have money in a high interest rate savings account that is [...]

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  • For calculating net-worth for wealth building (excluding the home you live in) do you also remove the loan/note/mortgage tied to it?

    Katie and I maintain two numbers for our net-worth.  Net-worth for wealth building (which excludes the home we live in) and total net-worth (which includes [...]

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  • Net worth, is this just personal finances not business? I’m thinking it is?

    We don’t include a value for our business in the net-worth tracker.  The reason for this is we just don’t know how much we could [...]

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  • Where should I keep an emergency fund?

    Look for the best interest rate you can get, whilst still having fairly quick access. Sites like moneysavingexpert will try to keep up with the [...]

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  • How much emergency fund should I have?

    Keeping some money uninvested is useful for dealing with the problems that life regularly throws at you. But keeping more than necessary means losing out [...]

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  • What is my Defined Benefit Pension worth?

    How we would calculate the value of your DB pension to add to the net-worth tracker is to take the annual benefit you will receive [...]

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  • How do I value my pension in my net-worth tracker?

    This has been a hot question after week 2 of the Rebel Finance School which is all about net-worth.  The challenge comes because there are [...]

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