Comments on: December 2006 Review – Net Worth +3.7%, Debts -1.5%, Assets +0.4% http://www.thesimpledollar.com/2007/01/01/december-2006-review-net-worth-37-debts-15-assets-04/ Financial talk for the rest of us Sat, 16 Feb 2013 01:14:45 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: MidnightUT http://www.thesimpledollar.com/2007/01/01/december-2006-review-net-worth-37-debts-15-assets-04/#comment-2556 MidnightUT Thu, 04 Jan 2007 06:57:03 +0000 http://www.thesimpledollar.com/2006/01/01/december-2006-review-net-worth-37-debts-15-assets-04/#comment-2556 Hey Trent,

I’ve got a quick question about calculating % change in net worth. Am I correct in assuming the formula is (NewAmount – OldAmount)/OldAmount?

Also I’m assuming that each of your reports is the percent change from one month to the next correct? I plan on calculating this each month, but also calculating percent change since the start of the year, which isn’t going to be as fun to watch but I am still interested in keeping track of.

Thanks,
-Mid

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