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Category Archives: Finance

Year End Financial Results 2016

Well, it that time of the year for reflection on how the year went!

My secret wealth goal has only improved a little, but this is not necessarily a bad thing!  I’m making a bit more these past few years, so much so that my wealth growth delta amount is just barely passing my accumulated earnings delta change.  If my salary was static, my wealth goal would be improving, but currently it’s growth is just a small improvement.  At a certain point, my secret wealth goal has the potential of having parabolic growth instead of the linear growth my accumulated earned total income amount.

The tail end of last year and this year has enabled me to cross a few of my wealth accumulated milestones!  While I’m not going to go into deep details, a couple of my thresholds have been crossed.  So much so that I’m not coming up with new financial and wealth goals.  Including some that might go beyond my personal financial scope and instead enable me to help (albeit in a small manner) other with their finances.  This is a stretch goal for me, but I think it’s worth the risk and if I do it right!

Okay, on to my financial pyramid (or wealth pyramid).  Lately since I passed over into the green outlined region, the pyramid for me is really more of a wealth pyramid now instead of a financial pyramid.  And if you have ready my blog from the beginning, you know that I mentioned a few time the concept of “critical mass”.  Well, while I’m not rich yet, I believe that I have enough critical mass now to try a few financial things.  Hopefully I’ll have more financial experiments in 2017!

So speaking of my financial or wealth pyramid, where am I now?

Well if you look at the pyramid below, I’m about 10 to 15% into the Upper Middle Class area.  While I have the core credentials to be considered Upper Middle Class, I’m still frugal and personally do not reflect the class that some would consider me to be apart of.  My kids are much more a part of the Upper Middle Class than I am.  I still wear cloths that are 10+ years old, and wear shoes until they have holes in them.  Old habits are hard to break and this is the way I was raised, so in many ways I will always be a part of the Working Class no matter how much wealth I may accumulate in life.

Financial Pyramid

I’m starting to think that in many ways I’ve been incredibly fortunate and lucky financially, especially considering where I started at, and in my opinion, how the cards were stacked against me.  I definitely didn’t have a silver spoon in my mouth growing up, and I was actually born with a black eye during a rough delivery.

Recently, I went through some old spreadsheets I created ten years ago, and believe it or not, but my wealth level is almost exactly what I predicted at my current age.  I’m just a little bit head because of the year end “Trump rally” or “Santa Claus rally.  It just shows the power of realist planning.

So my financial life is good overall, my kids seems pretty happy and fulfilled and I’m okay.  Overall, if I were to grade myself I think I would be at an A-, so a small advance from my last grading where I considered myself a B+.  It won’t be so easy to achieve the grade of a solid A though…  To accomplish this it may take me 10 years…

Here is wishing you all a great new year in 2017!


2014 Year End Financial Results

So how did I do this past year, especially with respect to net worth and my “Secret Wealth Goal“? First the good news!  Near the end of 2014, my net worth finally crossed over into the PAW (Prodigious Accumulator of Wealth) status that is mentioned in the book the “The Millionaire Next Door“.  This is… Continue Reading

Cheap Workout Sunday Report 12

Short intro this week, it’s Christmas eve today (yeah, I’m late in writing this article…  I worked out on Tuesday. Bench (I think I need to slow down on this, but it hard to do so): 45 lbs –   8 reps – nothing to say. 135 lbs – 8 reps (easy set, still sore) 185… Continue Reading