Tracking My Progress

I am trying to determine the best/easiest way to report my monthly progress. I would like to report a easy to create net worth chart with assests & liabilities, etc. I would also like to have it similar to other blogger's monthly reports for easy benchmarking.

I mainly follow 2 personal finance blogs that I benchmark myself with:
-PFBlog - Example Monthly Report
Advantages:
-Captures monthly highlights
-Great snapshot, contains alot of info, very concise
-Lots of similarities between myself and MM (both work for tech companies, same age, etc) so I think closer benchmarking to him would be more benefical

Disadvantages:
-MM accounting methods differ somewhat from mine -he uses more of an accrual accounting method - I like to take the path of least resistance for now (more cash method) so benchmarking isn't may not be apples to apples (but it should be pretty close).
-Monthly report looks like it will be a much bigger hassle to put together thus more prone to not reporting in a timely manner, etc.

-MyMoneyBlog - Example Monthly Report
Advantages:
-Simpler reporting
Disadvantages:
-Reporting may be too simple and not give enough detail for me

I will have to think about this......

Related in General:

Save Money on Overhead Garage Storage (Aug 28, 2012) With the upcoming expansion of our family, my wife and I have been discussing the space in our home. While we have a good size home (~2,600 sq ft), its currently laid out with 3 bedrooms and 1 bonus room...

When is a SmartPhone the Right Financial Decision? (May 14, 2012) I last purchased a typical cell phone back in October 2008 with a 2 year contract when we returned from China. My old cell phone broke while we were on assignment in China and I needed something once we...

Black Friday Shopping Highlights (Nov 27, 2011) I have little interest in going out and standing in long lines to pick up a few deals on Black Friday. However we did pick up a few deals over the weekend mostly online: $159 GE Front Loading Washer @...

Comments (0)


Post a comment

(Comment moderation enabled.)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,938,393

Sponsors

New Personal Finance Articles




PF Blogs