Net Worth Update - February 27th, 2010

It has been a long while since this update, but here it is. My first update since the wedding!

Every time I get paid (every two weeks), I update my net worth. The idea behind this is that my goals are that my liabilities drop every two weeks, and by tracking them in this way, I am able to get a nice picture of where I stand financially. Its not a perfect balance sheet that I have (because of student loans I have a negative net worth), but the progress is what I am looking for.

ASSETS:
- up $394.08 from February 13th, 2010
- up $8010.47 from February 27th, 2010(one year ago)

These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. The stock market has been climbing nicely for the last year and my assets are appreciating because of it.

LIABILITIES:
- better $488.90 from February 13th, 2010
- better $15,781.28 from February 27th, 2009(one year ago)

These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am unfortunately down to a single tutor which will slow down my extra payments on things.

NET WORTH:
- better $882.98 from February 13th, 2010
- better $23,791.75 from February 27th, 2009(one year ago!)

Continuing the nice positive moves over the last year. As long as I can do the "slow and steady" progress I will be happy. I haven't combined frugala's numbers into here yet (if I ever will), but because she doesn't owe anything, the liabilities section will always be mine.

The last thing I am going to track is the value of the TSX. I have some asset allocation goals that are dependent on the value of the TSX.

TSX Graph
Current Value: 11,629.23
Highest Value in Last 2 Years: 15073.13 June 18th, 2008