From: "Rob graham"
Newsgroups: uk.finance
Subject: Re: Valuing a current account
Date: Sun, 4 Nov 2007 12:51:50 -0000
Bytes: 2082
"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.
Thanks.
I don't see how anyone other than you can value this. If your money coming
in equals whatever goes out in a month then it's zero, unless you want to
revalue yourself at different points in the month. It all depends on what
you are trying to achieve.
Rob Graham
|