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My Net Worth History

This article was written by in Monthly Update. 15 comments.


Part of the draw of Consumerism Commentary has been my monthly financial reports. Having worked in the financial reporting area of a company that happened to be in the financial industry, I recognize the importance of monthly public reporting to be accountable to stakeholders; I started publicly reporting my own finances to be accountable to myself.

Until now, there hasn’t been a page on Consumerism Commentary that compiles all the monthly reports into one page. Now, at a glance, readers can easily see my financial progression from July 2003 through December 2011, when I stopped publishing my reports.

Note that throughout the course of the life of Consumerism Commentary, I’ve adjusted my methods of calculating several times. As a result, the historical numbers you see in the chart published for December 2011 do not always match up with the numbers you see when you look at the historical reports. The first net worth column includes the numbers as reported at the time. The second column is the adjusted net worth which fixed some initial calculation errors and normalizes the method of getting to the bottom line.

Note also that as a result of several migrations over the past few years, some charts have been lost. I do have other copies, and I’ll work over the next few days to add in the missing figures.

Under the chart is a graph depicting the long-term growth of my net worth, December 2001 through December 2011, with personal and business accounts separated. This doesn’t include the book value of my business or any business sale proceeds.

Net worth (balance sheets)

2011 Net worth Adjusted Notes
Dec 2011 $372,951 $373,661
Nov 2011 $371,981 $371,981
Oct 2011 $373,552 $373,623
Sep 2011 $342,242 $342,075
Aug 2011 $368,817 $368,515
Jul 2011 $380,209 $378,709
Jun 2011 $379,354 $379,451 (a)
May 2011 $844,138 $374,323
Apr 2011 $761,127 $376,015
Mar 2011 $664,370 $344,886
Feb 2011 $620,556 $341,854
Jan 2011 $578,043 $306,110
2010 Net worth Adjusted Notes
Dec 2010 $538,223 $291,846
Nov 2010 $494,715 $278,773
Oct 2010 $463,930 $275,535
Sep 2010 $427,529 $270,217
Aug 2010 $382,103 $249,051
Jul 2010 $365,647 $259,430
Jun 2010 $340,741 $245,249
May 2010 $344,474 $252,011
Apr 2010 $356,832 $266,588
Mar 2010 $348,492 $260,965
Feb 2010 $314,525 $237,665
Jan 2010 $297,409 $229,958
2009 Net worth Adjusted Notes
Dec 2009 $301,600 $241,244
Nov 2009 $290,037 $233,644
Oct 2009 $221,830 $223,910
Sep 2009 $223,377 $227,353
Aug 2009 $274,973 $222,180
Jul 2009 $255,974 $209,177
Jun 2009 $235,980 $192,016
May 2009 $239,408 $190,882
Apr 2009 $225,465 $175,238
Mar 2009 $225,500 $179,779
Feb 2009 $201,422 $151,085
Jan 2009 $188,566 $150,889
2008 Net worth Adjusted Notes
Dec 2008 $183,872 $149,930
Nov 2008 $180,926 $146,589
Oct 2008 $164,209 $140,146
Sep 2008 $171,916 $154,710
Aug 2008 $174,669 $155,530
Jul 2008 $162,148 $149,115
Jun 2008 $155,596 $144,082
May 2008 $158,793 $145,983
Apr 2008 $151,079 $135,507
Mar 2008 $143,174 $130,487
Feb 2008 $135,649 $125,445
Jan 2008 $125,770 $115,271
2007 Net worth Adjusted Notes
Dec 2007 $122,596 $111,684
Nov 2007 $121,861 $114,917
Oct 2007 $119,970 $112,701
Sep 2007 $116,475 $106,292
Aug 2007 $107,448 $96,298
Jul 2007 $102,011 $92,049
Jun 2007 $99,506 $91,716
May 2007 $98,224 $93,041
Apr 2007 $90,496 $86,329
Mar 2007 $87,999 $84,238
Feb 2007 $77,994 $72,611
Jan 2007 $75,174 $71,253
2006 Net worth Notes
Dec 2006 $70,108 $68,390
Nov 2006 $67,377 $65,978
Oct 2006 $63,922 $62,626
Sep 2006 $59,232 $58,081
Aug 2006 $54,014 $53,098
Jul 2006 $51,166 $49,913
Jun 2006 $49,872 $49,119
May 2006 $49,510 $48,120
Apr 2006 $49,835 $47,493
Mar 2006 $57,544 $45,563
Feb 2006 $- $39,991
Jan 2006 $- $39,351
2005 Net worth Adjusted Notes
Dec 2005 $- $38,007
Nov 2005 $- $37,840
Oct 2005 $- $35,458
Sep 2005 $- $35,422
Aug 2005 $- $32,078
Jul 2005 $- $33,034
Jun 2005 $- $30,719
May 2005 $30,022 $26,966
Apr 2005 $30,424 $28,670
Mar 2005 $19,855 $26,901
Feb 2005 $- $28,657
Jan 2005 $25,780 $25,862
2004 Net worth Adjusted Notes
Dec 2004 25,632 $25,846
Nov 2004 $- $23,210
Oct 2004 $- $21,864
Sep 2004 $23,152 $21,242
Aug 2004 $21,759 $20,228 (b)
Jul 2004 $34,524 $20,882
Jun 2004 $- $21,950
May 2004 $- $20,701
Apr 2004 $- $19,175
Mar 2004 $- $16,092
Feb 2004 $24,575 $17,276
Jan 2004 $24,254 $14,221
2003 Net worth Adjusted Notes
Dec 2003 $22,626 $13,150
Nov 2003 $20,554 $11,375
Oct 2003 $24,143 $9,661
Sep 2003 $22,672 $6,351
Aug 2003 $- $4,767
Jul 2003 $21,248 $13,255
Jun 2003 $- $13,841
May 2003 $- $13,088
Apr 2003 $- $10,200
Mar 2003 $- $7,269
Feb 2003 $- $5,394
Jan 2003 $- $3,889
2002 Net worth Adjusted Notes
Dec 2002 $- $2,328
Nov 2002 $- ($541)
Oct 2002 $- ($3,757)
Sep 2002 $- ($5,054)
Aug 2002 $- ($4,451)
Jul 2002 $- ($4,666)
Jun 2002 $- ($4,825)
May 2002 $- ($5,477)
Apr 2002 $- ($7,432)
Mar 2002 $- ($8,188)
Feb 2002 $- ($8,564)
Jan 2002 $- ($9,165)
Dec 2001 $- ($9,394)

Notes

(a) Removed business accounts from net worth and balance sheet from June 2011 forward.
(b) Removed home inventory line from net worth and balance sheet from August 2004 forward.

Updated October 16, 2012 and originally published October 13, 2012. 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, also known as Flexo, 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 him and follow Luke Landes on Twitter. View all articles by .

{ 15 comments… read them below or add one }

avatar Joe @ Retire By 40

Wow, you are doing very well! :) Maybe you should make a chart, it’ll be more visual. Is there a way to normalize that big drop (business account) in 2011?

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

I may add a column with a normalized net worth, going back and reporting everything the same way. And I will add a graph that better visualizes the progress. Thanks for the idea!

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avatar Lance @ Money Life and More

Very cool to have this all in one place. Crazy to see that business drop off. Was your only business this website?

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

There were some other websites, some other consulting, but for the most part, particularly towards the end of what’s listed on this page, this website was it.

Reply to this comment

avatar Tony

Flexo
I believe your net worth number after June 2011 is not really relevant. You can pull money out of your business accounts at will and it would seem like your personal net worth is growing when is not. Your total net worth (business + personal) would be more relevant. I understand you don’t want to disclose your business numbers but in that case is better to just show a chart from 2003 to June 2011. It will show your great progress in 8 years, I think that’s the message here; you can really make it even with a salary and income from a blog in your case. That message motivated me to start saving aggressively back in 2006 and I have saved more than $500K in 6 years only with my salary.

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

You’re exactly correct. Without the business numbers included, it’s much less recent for showing my personal progress, but there are a number of reasons I didn’t want to or couldn’t get into some of those specifics. That’s another reason I decided to stop tracking publicly.

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avatar qixx ♦1,813 (Half-Dollar)

Going back to the start you had no business data showing. That means that you have shown a $358,487 gain (removing home inventory from your starting point) over 8 years. That show great growth and something i think many on here would be glad to have done over the last 8 years. Over my last 8 years i went from a positive (albeit very small) net worth with no debt to a negative net worth with a college degree and a car. And loans for both.

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

I’ve updated this page with adjusted numbers going back to December 2001 (before I created Consumerism Commentary) and a chart for visualization.

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avatar Jacob @ iheartbudgets

Wow, that is awesome to see you coming from a negative net worth to a decent sized savings! This is truly inspiring stuff, Luke!

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avatar Evan

Why can’t you share Business? Would it really violate a non-disclosure? You wouldn’t be talking about sales price.

That being said, really an amazing decade you have had! What grew more you and as person or your bank account?

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

I don’t want to get anywhere close to violating any kind of non-disclosure, so I’m playing it pretty safe with regard to business income or even implied business income.

I was hoping for some more vertical growth this decade, but alas, I’m still the same height I was at 21. I’ve also been hoping for more growth in the hair department, but that seems to be taking the reverse approach.

I’ve certainly grown as an adult, though I still have my adolescent tendencies that I don’t hide nearly as much as I should.

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avatar joe

What disclosure would you violate ? Im new here… you own this site? So would it be your ad’s ? investors ? Thanks

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

Joe: I sold this site to an outside investor. There haven’t been any changes to the site from an editorial perspective, though.

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avatar Joel L. Frank

I applaud you for your asset growth thru 2011 when you stopped posting it. You do know that to be called a “balance sheet” the assets must be reduced by your liabilities. Please show us your liability growth over the same period of time.

Reply to this comment

avatar Luke Landes ♦127,365 (Platinum)

This page summarizes assets and liabilities into net worth. If you want to see the breakdown of assets and liabilities, you’ll need to click through to each month’s report, or just check out the December 2011 report that includes another summary.

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