Net Worth
The financial clout of my family is summed up in this little number. It represents the degree to which we can abandon corporate and consumer culture. Our social and financial independence as well as our ability to provide for the basic needs of others in the world is the consequence of our ability to accumulate sufficient capital to meet the demand for food, clothing, and shelter for ourselves and those in need.
Right now I don't know what the "magic" number is, but I know for certain it isn't where we are at right now.
This is our journey:
I have finally updated my family’s net worth and I am pretty pleased with the results. Since last I checked at the beginning of June my family’s total value has grown by $940 or 3.54%. June was a relatively slow month, bringing in only $341, a 1.28% growth, The big mover definitely [...]
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Because of the loan we so generously took from our grand children our net worth has grown at a nice little clip this month, checking in at just a hair under 10%. Our cash on hand grew by about $2,400 while our investment portfolio (locked entirely in my company’s 401(K) and my wife’s Roth IRA) [...]
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The doom and gloom that I predicted last month did not materialize in the month of March, but it should have. Our net worth grew by 5% this month, or $1,126 according to my NetWorthIQ profile. Of that $1,126, $1,040 came from our tax refunds that we received from the Golden State and [...]
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The Numbers:Net Worth - $22,386Percent Increase - 4.18%
Just like the U.S. economy, growth is slowing in the Lucre household. My wife’s change from working full-time to working part-time has started affecting her paychecks and our bottom line is obviously impacted. We grew by a total of $898 this month, down $228 from January. [...]
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