Yeah, maybe one day I’ll sit down and run the numbers and start including it… Kinda like separating out business with pleasure, but we’ll see :)

I’m actually surprised you don’t list your business as an asset. Valuation may be a bit tricky, but it’s definitely worth a lot.

Oh yeah, you got that right. income-producing assets are key!! I’ve got to be better about going down that route too… Although I do have some, they’re just online… which aren’t included in my numbers, now that I think of it… hmmm.. probably best to keep out since it’s never secure, haha…

I would include your primary residence (and obviously any investment real estate) and their associated mortgages. You do make a valid point about including property which is fairly easy to sell (such as a car), but it’s been hard for me to draw the line on what should be included and what’s not.
I guess personally it’s a motivational trick to include less on my net worth – it makes me want to work that much harder. Additionally, it helps me focus on acquiring income-producing or appreciating assets, instead of basic material possessions.

That’s a good way to do it too :) I only put things I can sell fairly easily in the “property” department, like the cars and house.

If you own a home, do you include that in it? If not, do you just have the mortgage in your net worth or do you omit that too? It’s hard (for me) to leave all that out when it’s such a big part of the equation.

Well damn, way to go!