A reader proposes a net worth monitor to help keep humans out of debt

Do comprehensive pictures of your finance help keep you out of debt? Guest blogger Julia Thomson thinks so. Online brokerage accounts often offer up-to-the-minute portfolio values, but Thomson has a much more comprehensive idea in mind, one involving all of someone’s assets and liabilities. Thomson is a former financial adviser, recently retired, who lives in Arizona with her husband, Gerald — “an Econ in the flesh,” she says.

Click here to read Thomson’s post.

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