Comments on: Personal Balance Sheet, November 2009 http://www.consumerismcommentary.com/personal-balance-sheet-november-2009/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 12 Feb 2012 20:01:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Flexo http://www.consumerismcommentary.com/personal-balance-sheet-november-2009/comment-page-1/#comment-200540 Flexo Sat, 05 Dec 2009 14:59:12 +0000 http://www.consumerismcommentary.com/?p=7611#comment-200540 KC: That's right -- I update the value a few times a year using the Edmunds.com trade-in value. It's just a rough estimate so I don't focus on it much. I'd rather stay on the conservative side, anyway. KC: That’s right — I update the value a few times a year using the Edmunds.com trade-in value. It’s just a rough estimate so I don’t focus on it much. I’d rather stay on the conservative side, anyway.

]]> By: Financial Samurai http://www.consumerismcommentary.com/personal-balance-sheet-november-2009/comment-page-1/#comment-200528 Financial Samurai Fri, 04 Dec 2009 21:45:11 +0000 http://www.consumerismcommentary.com/?p=7611#comment-200528 I'm impressed your Honda Civic held it's value! Nice! :) Keep on plugging away Flexo, you'll get to 1 million networth in 5 years or so! Best, Sam I’m impressed your Honda Civic held it’s value! Nice! :)

Keep on plugging away Flexo, you’ll get to 1 million networth in 5 years or so!

Best, Sam

]]> By: KC http://www.consumerismcommentary.com/personal-balance-sheet-november-2009/comment-page-1/#comment-200526 KC Fri, 04 Dec 2009 20:23:53 +0000 http://www.consumerismcommentary.com/?p=7611#comment-200526 Not that it would make that much of a difference, but I think you undervalue your car. In May of 2007 my husband totaled his 1998 Civic EX (not his fault, no one was hurt). The Civic was very low mileage (50k), but the insurance company sent us a check for $7100. Now that was 2.5 years ago. So even if you subtracted 2.5 years off your Civic yours wouldn't be as old as ours was when totaled. Unless you have an incredibly high number of miles, or it is rusting or something that heavily depreciates the car, it should be worth more than $7100. Just my opinion, I'm sure you are using someone's blue book value. Not that it would make that much of a difference, but I think you undervalue your car. In May of 2007 my husband totaled his 1998 Civic EX (not his fault, no one was hurt). The Civic was very low mileage (50k), but the insurance company sent us a check for $7100. Now that was 2.5 years ago. So even if you subtracted 2.5 years off your Civic yours wouldn’t be as old as ours was when totaled. Unless you have an incredibly high number of miles, or it is rusting or something that heavily depreciates the car, it should be worth more than $7100. Just my opinion, I’m sure you are using someone’s blue book value.

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