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I think that's a great article. I like that he raised the question of what percentage of your net worth is in your home equity; it's something I personally think is important and should be addressed more by personal finance writers.
i've been tracking my net worth for years, and luckily i'm in healthy territory. Even so, this is the very first year that my YTD spending is about -$3,000, thanks to the IRS. I am working hard to change that number by scrimping now. It's all on paper, i don't owe anybody anything except my mortgage, but it's still important not to allow spending to exceed income, so i am making up for that shortfall now until it's wiped clean.
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