So quick back story, my wife and i have really started to track our finance and retirement plans this year. Every month we sit down, have a business meeting and track our progress. I have a pretty cool little spreadsheet which tracks all our assets and all of our debts. I am taking our overall net worth, and projecting certain milestones. (Being solvent, 100k+ net, 2x yearly income, 1M) basics. We are using this tool to help see if we are on track, and if we need to adjust our plans. It's working out well, but my main question is this.
When taking and graphing our change in net worth, should i use a linear trend, or a logarithmic trend? I ruled out polynomial since each year when i fry my bonus i get these nasty bumps in my trend that threw everything off.
I've been using linear, which seems great for early on, but when i project a few years out things got a bit messy.
Im also taking the trend line each month and keeping that data. So i have the change in my curve over time.
Any insight or ideas would be great!
Thank you!
Submitted January 04, 2019 at 11:52AM by Womple1703 http://bit.ly/2R7380q
