Net Worth IQ
Archived Under: Financial Planning , Net Worth , New and Notable
Tags: Financial Planning, Net Worth, Net Worth IQ, New and Notable
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Site Name: Net Worth IQ
Description: The foundation of a solid financial plan usually begins with an understanding of where you are. Net Worth IQ offers tools to help you track, share, and compare your net worth. Net Worth IQ calls their site a social personal finance tool. Another way of saying you can post your public profile, link to your blog, and compare your performance by category.
Features: The foundation of Net Worth IQ is a simple to use net worth profile consisting of basic asset and liability information. Once this process is completed, you can generate code, through a Net Worth IQ Badge, allowing you to display your net worth on your blog. Since many personal finance blogs are anonymous, the badge option makes it easy to show the world your financial progress. If you are not into Web 2.0 social networking, then you can choose a private profile for your eyes only.
Bottom Line: If you already use tools like Quicken or Microsoft Money, then Net Worth IQ may be overkill. However, for the rest of us, Net Worth IQ is easy to use and a painless starting point in the financial planning process. For the hyper-competitive, the comparison tools offer a way to compare your financial position across a wide-array of categories, including age, income, and profession.
