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How do you compare to the next guy financially?

When preparing my budget, looking at my savings, and building my retirement I often wonder how I am doing compared to others.  It’s not to pat myself on the back or bring myself down, but I just wonder how much further my money could go.  The financial topic is a faux pas to discuss socially.  The  – “Hey John, how’s it going?  Oh and by the way, how much do you make, I need an excel file of your budget, and need to you net worth figures – thanks!” – conversation doesn’t work out well.

To make this is easier, Consumerism Commentary has monthly posts on individuals’ and families’ budget and net worth figures.  This series, Naked With Cash, shows monthly budgets, individual commentary on their performance on their budget, and CFP commentary and financial advice.  I find it very interesting.  The following is from Brian:

This month is about change in income which is what our family has been experiencing the past few months. There is always the fear of income reduction, and our family has been through it two times since we have had kids… – See more here

Balance Sheet:

BrianApr2014nw

 

 

Income Statement:

 

BrianApr2014ix

This month is about change in income which is what our family has been experiencing the past few months. There is always the fear of income reduction, and our family has been through it two times since we have had kids. – See more at: http://www.consumerismcommentary.com/brian-april/#sthash.I20ZTqmc.dpuf

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