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Progress

February 4th, 2017 at 04:14 pm

I have switched recently from tracking my net worth on networthiq.com (where I have been tracking monthly since June 2006, the same time I started here on SA) to networtshare.com, which is kept more up to date. It took networthiq until the end of January to all 2017 entries. I input my yearly values for the past decade onto the new site, but I won't spend the time to enter the monthly data.

I'm hoping that I have reached a tipping point: if you look at my sidebar, you'll see that my debt is the lowest and my net worth the highest since I began tracking. The lowest my debt has been prior to this was the month before I left my teaching career, and back then it was 100% mortgage.

The urge to spend is still high--only by regular posting here can I keep on track.

Work is going well, very busy--in January and February, we have to get out letters to clients with tax info for the year, telling them who to expect official tax documents from, what our fees for the year were, whether they have made IRA contributions or taken IRA distributions, etc. It's an extra 30-40 hours of work over the two months, when the regular workload doesn't slack at all. And it is taking me longer because I'm new and don't yet know the whole client base yet, do I have to check on everything. Next year, when I know the clients better, a lot of the information I am having to look up on s case by case basis will be stored in memory, which should make the task faster.

It's Restaurant Week here, so I am taking myself to an early lunch at a Tapas Bar and then going in to work for a few hours to make more progress on the darn things.

6 Responses to “Progress”

  1. fern Says:
    1486320843

    Don't do it!!!! (Spend, that is...)

    Thanks for mentioning networthshare.com....i will check them out. NetworthIQ was good but there are serious issues with functionality of the site for the past several years and they don't respond to messages.

  2. fern Says:
    1486321189

    How do you import networthIQ data to the new site, dido?

  3. rob62521 Says:
    1486322593

    It's good that you feel held responsible if you blog so you don't overspend.

    I guess I'm not with it...I just have a Google spreadsheet that I keep track of our accounts and net worth.

  4. alice4now Says:
    1486324718

    Mmm, tapas bar!

  5. Dido Says:
    1486338554

    Fern, you can't really "import" networthIQ data to networthshare, you have to type it in. It took me less than an hour to copy all of my 12/31 balance amounts from networthiq and just type the data into networthshare.com. I'm updating networthshare.com monthly going forward, but for the past monthly data, I'll just have to go back to networthiq as long as the site is still up. And if they ever let the networthiq.com domain go, at least I have a decade's worth of year-end balance data to show my progress (You can see some of the numbers going back to 2010 in my sidebar to the right...I didn't bother going back a full decade for the side bar).

  6. terri77 Says:
    1496958113

    I was using networthiq, but are they updating the site anymore? I've had issues with not being able to update my profile.

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