Day 14:  Fill Out Your Assets Worksheet 

    Hey, after the trauma of seeing what is going out the door every month, isn’t it nice to know that you have something to show for it?    Repeat after me:  “Assets are fun.” 

    Make a list of all your assets.  Start with the biggest one and work your way through.  This list may help:

          Equity in home

          Automobiles

          Stocks, Bonds, CDs

          401 K

          IRAs

          Whole Life Insurance Policy/Annuities

          Collectibles/Antiques

          Cash on Hand

          Savings

          Electronics

          Household Furnishings

    Our goal will be to build up assets and cut down on liabilities.  Sounds very official, doesn’t it?  An asset list creates a baseline, a starting point to compare where you were when you started to where you want to be.  Update your asset list every three months to see if you are on track; that is building up instead of sliding back.  And remember, most automobiles and electronics lose value over time.