http://allfinancialmatters.com/2005/12/05/net-worth-statement-part-iv/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 http://allfinancialmatters.com/2005/12/05/net-worth-statement-part-iv/comment-page-1/#comment-36888 Will Sat, 28 Oct 2006 02:54:58 +0000 http://www.allthingsfinancialblog.com/2005/12/05/net-worth-statement-part-iv/#comment-36888 Would one define insurance deductables as a long term (yet to occur) liability? ...wanting the "networth" to be as meaningful as possible, I've defined such things as auto,medical&home insurance deductables in addition to normal every day expenses. Reasons being: accident occurs, until the deductable is paid, the insurance won't kick in. ...follow my logic, if it's slightly off topic, forgive me; but I think you understand my question and intent. Would one define insurance deductables as a long term (yet to occur) liability?
…wanting the “networth” to be as meaningful as possible, I’ve defined such things as auto,medical&home insurance deductables in addition to normal every day expenses.
Reasons being: accident occurs, until the deductable is paid, the insurance won’t kick in. …follow my logic, if it’s slightly off topic, forgive me; but I think you understand my question and intent.

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