And the list just keeps on growing. I am up to just about 30 blogs now on this list, while I don’t have good demographic information on everyone involved here you can learn a lot be visiting each of the net worth updates linked from the blog names.  I wish I was moving up faster but things just don’t seem to work out that way.

I have added the chart back in at the end of this post, it shows the average net worth of the list over time as well as the median net worth of the list. It took a pretty big dive this month after the addition of Deliver Away Debt and the Australian Dollar losing ground in the conversion to US Dollars.

SiteNet WorthVariance
Deliver Away Debt-56,893.89NEW!
Poorer Than You-36,831.00+$527.00
Spilling Buckets2,907.00+$2712.00
My Pretty Pennies5,383.00NRY
Couple Finance23,390.00+$9,759.00
Punch Debt in the Face30,234.00+$1,441.00
My Money Shrugged46,311.19+$3,467.54
Carrie on the Cheap65,187.00NRY
Suburban Dollar66,915.00+$1,312.00
One Mans Money67,773.74-$663.89
Mapgirl71,997.00NRY
Financial Samurai95,493.00-$507.00
A Gai Shan Life101,157.00
NEW!!!
The Financial Blogger108,445.00+$723.00
Budgets are Sexy138,033.98-$5,783.67
Pantsinacan233,067.00+$1,845.00
Money Really Matters250,086.10$2,080.10
Living Almost Large281,119.64+$1,749.29
Consumerism Commentary297,409.00-$4,191.00
Million Dollar Journey417,300.00+$17,700.00
Boston Gal549,812.58+$877.99
2Million Blog601,100.00NRY
Money Blue Book625,111.00-$16,284.00
Free by 50627,348.00-$10,494.00
Enough Wealth742,400.00-$58,400.00***
Sun Financial Diary900,473.02NRY

***The net worth was converted from Australian dollars to US Dollars using WolframAlpha.

 Wealthy Bloggers   February 2010

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About LendingClub

LendingClub is a peer-to-peer lending network where investors fund 3yr personal loans for borrowers. LendingClub rely’s on their investors to fully fund all loans requested by borrowers. Allowing the average person to make money on personal loans that were typically reserved for banks. Their lending process is quick and painless and loan applications can be completed in 3 minutes. Investors are then given the ability to browse the open loans and to determine what risk strategy they plan to use to invest in the loans.

For Investors

LendingClub is currently offering a $25.00 bonus for all new investors who sign up to invest in loans with them. LendingClub investors have been earning a net annualized return of 9.65% since 2007.  That rate of return is far above and beyond what you can get at regular banks or in CDs. You make your returns by investing in the personal loans of borrowers from the bank. The higher risk you are willing to take on a borrower the higher your returns could be. There is a $25 minimum to invest in any loan. Open a free account today to get your $25 bonus and start making your money work harder for you.

button open free account Lending Club $25 Investor Bonus and Reduced Loan Rates

For Borrowers

If you are in need of a personal loan and have good credit Lending Club can be a good solution over you local bank or other lender. They offer 3 year unsecured loans at a fixed interest rate. These personal loans are great for consolidating debt, paying off high interest credit cards, purchasing a home, or even going back to school. On top of the other great benefits to LendingClub they have recently reduced the costs of their loans by 50 basis points which translates into roughly .50% less than they used to charge for the same 3-year loans.

button check rate Lending Club $25 Investor Bonus and Reduced Loan Rates

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People always talk about keeping up with the Joneses in a bad way, but a recent article in USA Today made me realize there are ways to keep up with the Joneses that are not only good for your pocketbook but good for the environment as well.

According to the article there are now over 1 million household in the United States who receive reports on the energy consumption of their neighbors. The utilities utilizing the reports have seen a a 2-3% decrease in energy consumption where the reports are being utilized. Some people are complaining about an invasion of privacy but the reports are generalized to give you an idea of what others around you are consuming.

Being a suburban dad it doesn’t surprise me that this reporting method actually results in the reduction of energy consumption and being “green.” By providing a report showing you are less frugal and consuming more than your neighbors people are not so subtly encouraged to reduce their own consumption.

Some of the utilities had even started using smily or frowny faces to show how certain households ranked amongst their neighbors. Other utilities were rating homes as average, above, or below average. It turns out people really didn’t like having a big fat frowny faces telling them they sucked at conserving energy, in both instances the utilities stopped “rating” consumption.

I personally think this is a pretty good way to make people not only more aware of how much energy they are using but to also encourage them to reduce their energy usage. If the guy who keeps his house at 72 in the winter and 68 in the summer saw what he was paying compared to his neighbors it would make a pretty big difference, I know it would to me.

Readers:
Do you currently get one of these reports? Has it helped you to reduce your consumption?

What if we took this idea and expanded it into other areas like garbage and recycling?

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Friday Finance Followers – Snow Bunny Edition

Snowboarding February 5, 2010

About the time you are reading this post I should be gearing up for my first ever snowboarding lesson. If I end up in a position like the guy in that picture then I am most likely falling down the mountain and coming home with some casts on. I am super stoked about learning something [...]

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The Great Debate – My Wife Wants a New Car

February 4, 2010

Usually I see bloggers posting questions from their readers about what they should do in certain situations. No one asks me any questions so I thought I would lay my own dilemma out there for you. My wife and I own two cars both of the are paid in full. I love the fact that [...]

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