Comments on: Personal Balance Sheet and Net Worth, February 2009

By: Flexo

Flexo — Wed, 04 Mar 2009 23:23:38 +0000

Thanks, Broke Wall Streeter. I look forward to reading your monthly updates and watching your progress.

By: Llama Money

Llama Money — Wed, 04 Mar 2009 15:09:58 +0000

You’re right – that Accts Receivable is getting out of control – that’s more than I have cash in the bank total! Hopefully you can get it resolved this month and get the cash in the bank, where it belongs. Congrats on continuing to make progress despite the economy and it’s issues.

By: Broke Wall Streeter

Broke Wall Streeter — Wed, 04 Mar 2009 12:22:05 +0000

I look forward to your post every month. I have been posting my own monthly net worth statement and I like my up trend so far. Hopefully, I’ll hit your current number in less than 3 years.

By: thomas

thomas — Wed, 04 Mar 2009 08:04:32 +0000

Good job going up while the rest of the group keeps tumbling.

By: SJ

SJ — Wed, 04 Mar 2009 07:47:07 +0000

It’s interesting, after a financial revolution with brilliant financial techniques growth retracted. ::Crosses fingers:: that it’s not an analogous. But it looks like that was caused by too much government oversight =)

Do you actually feel that way about the economy? I have been contemplating future growth.

Thanks for the link.

By: Flexo

Flexo — Wed, 04 Mar 2009 05:13:10 +0000

SJ: I update at the beginning of the month to reflect the prior’s month ending info, just like a financial company would do on the quarters.

You’re right about the middle ages, but there is some belief among historians that what followed growth of tradelines and tech was a recession in the late middle ages — fourteenth and fifteenth centuries — thanks to plagues and wars. Wikipedia offers a view.

By: SJ

SJ — Wed, 04 Mar 2009 04:58:07 +0000

I guess this is more just curiosity… Do you always update your networth at the beginning of the month?

I’ve held off until my checks end up arriving, just to make me feel better i guess (lol). Same w/ waiting for my cc and rent to be cleared…

Obviously this has resulted in some weird timing.

I also am kind of intrigued by your mention of middle ages… Trying to remember my history, did growth slow down that much? I mean, tech still developed… and so did trade lines? (likes history haha)