For the mustachians out there (and especially other bloggers), what do you think about displaying your network on your blog or website? Does your answer change if it is an anonymous blog vs a blog with your personal information?
I'm debating on keeping a net worth chart on my blog, but I'm not sure since I might make it more public to friends and family soon. I also wonder if this could detrimentally affect relationships with employers or coworkers.
It's a perpetual debate.
The bloggers who do the most net-worth updates are generally anonymous. Those who use their actual names on their sites tend to focus more on their income reports or their declining debt levels, not their net worth.
Those who put up numbers feel that it makes them more accountable (especially freelancers or entrepreneurs) and focused on the purpose of their site. And let's face it, if you're posting numbers then you're guaranteed to have at least one post already formatted and practically pre-written every month. I'm only posting weekly now and I have plenty of drafts in the hopper, so I no longer feel that pressure to crank out the content.
I'll discuss income in general terms because the military pay & pension numbers are right there on the DFAS.mil website. It also gives me a chance to discuss COLA and inflation along with expenses like the military's Survivor Benefit Program or Tricare Prime premiums. Some people are encouraged that they can live within the pension (augmented later by Social Security) while others realize that they'd better save more or start a bridge career.
I don't discuss net worth because I'm concerned that it would discourage people. My spouse and I have taken on a lot of market risks over the last 30 years of the world's greatest bull markets (both equities and real estate) so I'm not sure how relevant that history may be to future readers. I also still get the occasional attitude of "Sure, you officers all get the big bucks but my puny enlisted pension will hold me down and keep me working for The Man"... it's missing the Mustachian point so badly that I just avoid it.
Besides, the pursuit of financial independence shouldn't be about my net worth. It should be about the
reader's net worth.