The Cheesy Index

The Cheesy Index? What the…


Privacy concerns prohibit us from posting our Net Worth. It is a very personal number and a personal choice not to inform the world about it. However, there is a very simply way to let all you voyeurs join in on our path to Financial Independence and Early Retirement (FIRE).

Thanks to a simple but brilliant comment by Amber Tree Leaves. We hereby present to you our own index: The Cheesy Index.

The Cheesy Index

The Cheesy Index works as follows (it’s really, really simple actually):

We take all out assets (cash, stock, ETF’s, real estates, personal loans, crowed funding, car, art, etc.) and either take the actual value or assign a representative value. Then we added them all up. Next, we subtract any debt we may have (mortgage, loans, etc.). Voila, our Net Worth.

We take our calculated total value for our assets (i.e. target Net Worth) that we think we need to become financially independent.

The associated ratio (actual assets/target assets) is converted into a percentage and low and behold: the Cheesy Index (we know, it’s not rock science…)

All credits for the Cheesy Index go the Amber Tree Leaves, whom graciously allowed us to steal his idea of an index.

The goal will be to post monthly updates on the Cheesy Index until we reach the magical goal of 100% complete!

The Target Value

The target value is determined as follows:

We use the 4% rule to determine how much we (think we) need, then correct for taxes (see here). Items such as cars (depreciating asset) and art/specific belongings are added to our total assets as contingency (i.e. we can always liquidate these assets to generate cash to overcome a temporary shortfall in cash flow, if this would occur. Or use to purchase additional income producing assets).

Historical Cheesy Index

Based on our finances over the years, we were able to calculate the historical Cheesy Index. With the plan to increase our assets we defined the target Cheesy Index. The result as of the end of 2015 2016 2017 is shown below. Based on current (and assumed future) progress, we should be FI by about halfway 2024 2023. Yes, we are in it for the long haul.

Cheesy Index - 2006-2018
Cheesy Index – 2006-2018 + Forecast


  1. Sometimes it is wise not to show your true net worth. For me I do not mind showing mine as it is fairly low but increasing quite quickly. 2026 is such a fantastic goal, I hope you achieve it and more. Thanks

    1. Thanks mate! We actually only show snippets of our net worth, not the whole number. But if you are/will be a regular reader, you can estimate fairly well the approximate value. It’s kind of the reward for those that put in the effort 🙂
      We are actually aiming for smid 2023 now, we are ahead of schedule!

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