Ads by Amazon

Saturday, July 17, 2010

Net Worth Update - July 17th, 2010

frugala and I have finally decided to combine our finances...on the spreadsheet at least. So this is my final individual net worth update. frugala's numbers are in there, but the relative totals for mine will be this week alone.

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.

- up 647.55 from July 3rd, 2010
- up $6938.09 from July 17th, 2009 (one year ago)

Slow and steady wins the race, and I have made nice consistent progress on this front since I have started recording. Even without frugala's numbers in there, my assets are at an all time high!

- better $799.99 from July 3rd, 2010
- better $16,453.74 from July 17th, 2009 (one year ago)

Because of the three pay month and the way that the numbers fell, I had two major loans come off this pay period thus the nice liabilities numbers fall. Even without Frugala's numbers, my liabilities are easily at the lowest point since I bought my house. Steady progress!

- better $1447.54 since July 3rd, 2010
- better $23,391.83 from July 17th, 2009(one year ago)

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: 11,569.65
Highest Value in Last 2 Years: 13771.25 (August 29th, 2008)

We are exactly two years from the high within the two years. The market hasn't been over 12,000 consistently since September, 2008. For these purposes, the stock market was about 13000 in mid September 2008, so I will either rebalance when the TSX hits 13000 or 12500 after September (once I get my raise).


  1. Congrats on combining your finances. :-)

  2. Thank you for this useful post!

    Do you want to work home-based? With internet access, Unemployed pinoys (UEP) can provide you a job where you can work at home and earn money while being able to spend time with your family or loved ones at home.

    Join us now at