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I’ve Surpassed My First Significant Milestone

This article was written by in Uncategorized. 18 comments.

If you’re an astute visitor to Consumerism Commentary (and visit the blog rather than reading the RSS feed in your own reader) you may have noticed that my net worth widget in the upper right hand corner of this page, which measures the computation I now call my modified net worth, has surpassed $100,000. At this point, I don’t expect my modified net worth to drop below six figures.

milestoneI don’t look at this as a goal; it’s more of a milestone that I pass on the way to the financial independence that is still a long way off. Still, it shows I’ve come a decent way from when I started writing Consumerism Commentary in July 2003. My modified net worth at the time was $13,255, but soon to be reduced to $4,763 after taking on debt to begin my pursuit of an MBA.

The number 100,000 is basically arbitrary. The only things that make it special are the fact that it is the first natural number with six digits and that the zeros at the end make it look nice and neat.

My next modified net worth milestones will be $250,000, $500,000, and $1,000,000. Other upcoming milestones are $0 debt and $100,000 in retirement investments.

Photo credit: A.M. Kuchling

Updated January 16, 2010 and originally published July 6, 2007. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 18 comments… read them below or add one }

avatar J at IHB and HFF

Congratulations. You might start to feel the urge to treat yourself to a leopard-skin fedora or some such gift.

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avatar KRG

congratulations! it is indeed a milestone. I hope you get to your next targeted goal!!

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avatar Hustler

A big congrats. I hope to become debt free.

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avatar Dennis

WOW congratulations! And only in 4 years?!

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avatar Sun

Congratulations, Flexo! Since now you have a much stronger foundation than 4 years ago, reaching your next milestone won’t another 4 years :)

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avatar klerg

congrats my man!!!!

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avatar Patrick

Congrats, Flexo! Milestones are such a feel good thing! The real dollar difference between $99,250 and $100,000 is not very much, but $100,000 just looks so much nicer. :)

Sun makes a nice point – your next milestone should be easier to reach. Good luck!

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avatar Ben

Congrats Flexo, you’re setting a great example for everyone! Thanks for sharing your journey with us.

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avatar Doobie

Hey, can I borrow five bucks?

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avatar nickel

That’s really great. Congratulations!

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avatar mapgirl

Hey! Very nice! Good for you!

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avatar KMC

Good for you! You deserve a pat on the back.

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avatar Luke Landes

Thanks for all the kind words!

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avatar JohannaB

hey, congrats on the milestone. At this point I can only dream of reaching such a pinnacle, but there is hope….

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avatar KMull

Congrats! That’s a nice round figure :)

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avatar Lanamia

Omg, this comment was so funny. I want to see Flexo in a leopard print fedora. Please?

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avatar Luke Landes

It’s not currently part of my wardrobe, but I’ll thinking about it next time I’m in a millinery.

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avatar Spanish Soul

This is my first time here, but I think it is awesome that you share that information with the public. My investment account seems pretty bare right now when I compare to yours. I’ll be sure to keep my eyes and ears open.

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