Personal Finance Bloggers' Net Worth Index (BNWI): February 2006
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Archived Under: Net Worth
Tags: Net Worth, Personal Finance Bloggers Net Worth Index
The Bloggers' Net Worth Index (BNWI), sponsored by the Moneysmartz Personal Finance Blog, produces monthly data on changes in the net worth of personal financial bloggers.
The February BNWI increased 3.4 percent, comparing favorably with the Dow Jones, NASDAQ, and S&P stock indices.
Personal finance bloggers of note include Done Dirt Cheap , with a 39.8 percent increase over January and Samerwriter , with the largest dollar increase of $28,752 and largest reported net worth of $613,210.
For the full year, the BNWI increased 7.6 percent, handily beating the major stock indices.
Personal finance bloggers of note include Mapgirl's Fiscal Challenge , with a 221 percent increase over December and Samerwriter , with the largest dollar increase of $60,996.
Selection criteria for the BNWI includes financially oriented blog content, recent posting activity, and self-reported net worth.
February additions to the BNWI include Jack's Cash, My Financial Journey, Samewriter, Fire…by 2018, Moomin Valley, The Financial Ladder, Financial Freedumb, and Make Love, Not Debt.
Personal financial bloggers interested in the BNWI program should send an email to the Moneysmartz Editor.
Comments
Thanks for including me! I think my stellar rise was due to the fact I started my blog in January! :-)
Posted by: mapgirl | March 8, 2006 11:16 PM
I don't think it makes much sense to compare to the US largecap indices because most increases in net worth come from income, not from investments.
Posted by: William | March 8, 2006 11:26 PM
William,
Your point is well taken. However, the assumption that most of the net worth increase comes from income is not necessarily the case, particularly if you look at America in aggregate which currently has a negative savings rate. Since net worth is a personal "balance sheet," both real estate and investment appreciation are important components. As a result, the performance of the major stock indices offers a point of comparison. I would agree, however, that personal financial bloggers seem to be saving at a much higher rate than the average American.
Posted by: moneysmartz | March 9, 2006 8:50 AM
Thanks for putting this together! I hope I can maintain growth now...
Posted by: Financial Freedumb | March 9, 2006 2:27 PM
Just wanted to say thanks for adding me to your index.
Posted by: James L | March 11, 2006 2:01 PM