Cheddarblog

The Swiss_Mouse’s IRA and 401k statement came in.  They didn’t use ink this quarter, it was blood!!!   And these numbers were pre-crash.
However, right now my networth is down only 9.48% for the year.   Not bad considering!    I have to go back 6 years to find a negative year!!!  2003.  At this point in […]

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Yet another calculation that the Swiss_Mouse uses in determining how well he is doing financially is a calculation he found in a financial article.
Social Security Lifetime Earnings Ratio
This calculation is meant to give you a numerical representation of where you are at in your career based on your income and net worth. The calculation […]

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The Swiss_Mouse uses a variety of calculations to measure his overall financial well being.
One simple calculation that he discovered a few years ago reading a financial book was “Expected Net Worth”. This represents overall current net worth based on age and income (basically how much cheddar you should have stored up by now).
The formula […]

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Net Worth: The amount by which a company or individual’s assets exceed their liabilities.
Over at FinancialJungle.com the author makes the case that new definition for net worth does not include the primary residence. Your home. A writer of a response disagrees with the new definition and states that there is already […]

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