From: "Norman Wells" 
Newsgroups: uk.finance
Subject: Re: Valuing a current account
Date: Sun, 4 Nov 2007 15:54:34 -0000
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"TC"  wrote in message 
news:1194176994.913119.56450@o38g2000hse.googlegroups.com...
I'm trying to work out my personal net worth. How are you meant to put
a value on your current account when money's going out of it all the
time? In previous attempts to do this I would 'value' it at whatever
the figure was immediately before my monthly salary was credited, but
if you've got more than one salary and maybe other income streams as
well coming in at different times, plus you've got (say) a £1000
overdraft limit, the true figure is hard to pin down.

'Personal net worth' can mean whatever you want it to mean, so just define 
it in a way that suits you, then you'll find it easy.

However, unless you're undergoing due diligence for someone who intends to 
buy you, I really don't see the point.  Otherwise, you will need to use 
standard accounting conventions for similar transactions.   What they are, 
though, I haven't the faintest idea.

If you don't want to employ an army of financial advisors, just guess.  What 
difference will it make?