Getting Finances Done » Net Worth http://www.gettingfinancesdone.com Your Guide to Stress-Free Financial Control. Personal finance tips. Fri, 18 Jun 2010 17:01:06 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Copyright © 2010 Getting Finances Done sjpeer@gmail.com (Samuel Peery) sjpeer@gmail.com (Samuel Peery) Personal Finance 1440
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Samuel Peery Samuel Peery sjpeer@gmail.com No no http://www.gettingfinancesdone.com/blog/wp-content/uploads/images/gfd_podcast_144px.png Getting Finances Done http://www.gettingfinancesdone.com 144 144 Net Worth Sites http://www.gettingfinancesdone.com/blog/archives/2006/10/net-worth-sites/ http://www.gettingfinancesdone.com/blog/archives/2006/10/net-worth-sites/#comments Tue, 17 Oct 2006 04:11:21 +0000 Sam http://www.gettingfinancesdone.com/blog/archives/2006/10/net-worth-sites/
Since I wrote about a productive way to keep up with the Joneses I’ve come across a few more sites/posts about net worth. Nevblog.com This is another personal blog that discloses net worth. He’s a young entreprenuer. NetworthIQ.com This is a great site showing the net worth of individuals who register. You can search by age, income, [...]]]> Since I wrote about a productive way to keep up with the Joneses I’ve come across a few more sites/posts about net worth.

Nevblog.com

This is another personal blog that discloses net worth. He’s a young entreprenuer.

NetworthIQ.com

This is a great site showing the net worth of individuals who register. You can search by age, income, occupation, education, and state. The one thing it doesn’t have is the ability to see averages. Instead, you kind of have to guesstimate as to how you compare.

All Things Financial Blog

Fortunately, even though NetworthIQ doesn’t let you see averages, I read this post from All Things Financial Blog containing statistics on average net worth based on age. From my guesstimate on NetworthIQ, it looks like the actual average net worth figures are quite a bit lower over all than what was posted on NetworthIQ. I’m sure people are more inclined to register with NetworthIQ and post their net worth if they’re proud of it. I woudl imagine it skews high because of this.

I enjoyed looking at these stats and comparing them to my net worth. I’m above the statistical average but comparing to NetworthIQ, I seem to be about on track with the others that posted if not on the high end.

I’ve been struck again with how constructive it is to compare net worth. I don’t think you should get overly obsessed with it. I also realize that it could be a somewhat depressing activity if you have a negative net worth. But it does produce some positive motivation for me. I’ve never seen people’s net worth so transparently and it’s a great way to make those otherwise impossible comparisons.

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