Beginning this Friday, I’ve decided to simplify my monthly net worth chart.
Who really cares about the numbers at the start of the year? And are all the percentages really necessary?
I don’t think so.
So starting August 1, the chart will only display the past month’s progress. Really, that’s all that matters anyway.
Maybe at the end of the year, I’ll do a full year recap with a big confusing chart where I’m the only person who can make sense of it, but maybe not.
The past few months, a number of PF bloggers have stopped reporting their net worth all together. Most recently, Lazy Man comes to mind.
But there’s something to be said for sites like Consumerism Commentary where Flexo has illustrated how he’s taken his net worth from as low as $13k in December of 2003 all the up to nearly $156k just last month — month-by-month.
It gives his words, stories, and advice, I don’t know, some credibility, I guess.
It gives you that, “Hey look what this person did… I can do that too!” feeling.
Some might find the monthly updates to be boring posts, but for me, the real numbers people use on their own sites are most inspiring in a “keeping up with the Joneses” sort of way…
Maybe it’s just me…