However, you can consider the extra payments you make to pay off your mortgage principal faster as new savings. And dont include personal property and consumer goods, such as your car, computer, clothing, and so on, with your assets. See the earlier section Determining Your Financial Net Worth if you need more help with this task.When
you have your net worth figures from both years, plug them into Step 1 of Table 2-4. If youre anticipating the exercise and are already subtracting your net worth of a year ago from what it is today in order to determine your rate of savings, your instincts are correct, but the exercise isnt quite that simple. You need to do a few more calculations in Step 2 of Table 2-4. Why? Well, counting the appreciation of the investments youve owned over the past year as savings wouldnt be fair.