(above).Learn about the Homes & Assets place
Tip: For easier reading, click (above).
This place is where you tell Money about the major assets that you have now or hope to own in the future. Homes & Assets lists your assets at the top of the screen and details about them below.
To accurately reflect your total net worth, be sure to include all the expensive assets you own or want to own:
Include assets that will have a large effect on your net worth, can be liquidated to pay for expenses, and generally appreciate in value. DonÆt include less expensive items (such as furniture) or goods that depreciate over time.
Although you can add a car here, you may prefer to add cars (and other depreciating assets) as expenses. To do so, go to the College & Other Expenses place (in Lifetime Planner).
Once youÆve entered your assets here, use this place to modify details about them to keep your plan current.
How does the home inventory (in Decision Center) differ from the Home & Assets place?
Your home inventory in Decision Center can be used to estimate your homeowners insurance for items such as appliances, art, clothing, and electronics. The Homes & Assets place in the Lifetime Planner is where you keep track of major hard assets you own or want to own.