frugala's and my numbers are finally linked, and despite doing two weeks of painting and installing laminate flooring (which costs money), we still ended up okay for our first update.
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:
- down $15,682.92 from July 17th, 2010
frugala donated some of her assets to remove one of my loans, which is why this number looks really bad. The theory is that I will be taking on all of the bills myself in exchange instead of splitting them down the middle which has happened in the past.
LIABILITIES:
- better $15,775.32 from July 17th, 2010
Once again, with a loan paid off, this looks very nice. Next week will have more realistic numbers.
NET WORTH:
- better $92.40 from July 17th, 2010
With my loan being charged a much higher interest rate than what frugala was earning on her GIC, this will naturally improve more. A nice start though!
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: 11,713.43
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).
Showing posts with label net worth. Show all posts
Showing posts with label net worth. Show all posts
Monday, August 2, 2010
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.
ASSETS:
- 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!
LIABILITIES:
- 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!
NET WORTH:
- 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).
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 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!
LIABILITIES:
- 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!
NET WORTH:
- 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).
Saturday, July 3, 2010
Net Worth Update - July 3rd, 2010
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:
- down 349.00 from June 19th, 2010
- up $6571.09 from July 3rd, 2009 (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 took a dip this week and thus my assets dropped for this week. In the next net worth update, frugala's assets will join mine on paper so these will rise significantly!
LIABILITIES:
- better $3.27 from June 19th, 2010
- better $16,957.30 from July 3rd, 2009 (one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). Even though this was my three pay month, things didn't go quite as nicely as I had hoped. On my next update, I will have all my bills coming off so there will be a huge decrease here.
NET WORTH:
- worse $345.72 from June 19th, 2010
- better $23,528.39 from July 3rd, 2010 (one year ago)
You have to ignore the slight bumps and look at the long term progress. We are going on vacation (which I have saved up for throughout the year so it won't be affecting my assets/liabilities) so we'll see how this affects me in the upcoming weeks.
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: 11,196.06
Highest Value in Last 2 Years: 14153.57 (July 3rd, 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).
ASSETS:
- down 349.00 from June 19th, 2010
- up $6571.09 from July 3rd, 2009 (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 took a dip this week and thus my assets dropped for this week. In the next net worth update, frugala's assets will join mine on paper so these will rise significantly!
LIABILITIES:
- better $3.27 from June 19th, 2010
- better $16,957.30 from July 3rd, 2009 (one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). Even though this was my three pay month, things didn't go quite as nicely as I had hoped. On my next update, I will have all my bills coming off so there will be a huge decrease here.
NET WORTH:
- worse $345.72 from June 19th, 2010
- better $23,528.39 from July 3rd, 2010 (one year ago)
You have to ignore the slight bumps and look at the long term progress. We are going on vacation (which I have saved up for throughout the year so it won't be affecting my assets/liabilities) so we'll see how this affects me in the upcoming weeks.
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: 11,196.06
Highest Value in Last 2 Years: 14153.57 (July 3rd, 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).
Sunday, June 20, 2010
Net Worth Update - June 19th, 2010
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 $602.22 from June 5th
- up $7175.48 from June 19th, 2009 (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 rose this week bumping my assets. Three condos on my block sold this week (all for at least $20,000 more than I have mine valued at), so when frugala and I decide to move, there will be some extra assets in our pockets.
LIABILITIES:
- better $280.30 from June 5th
- better $17,157.58 from June 19th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). A nice little improvement, which I hope to continue as the summer progresses.
NET WORTH:
- better $882.51 from June 5th, 2010
- better $24,333.06 from June 19th, 2009(one year ago!)
A nice set of weeks, and I want to keep this up through the summer. I will have a few tutoring gigs throughout the summer which I will put directly against loans to pay them down. As well, my buckets are filling nicely, meaning that when we need to buy new floors, or new clothes for me, or go to Golden Lake for a week, it will not impact my liabilities. This cash isn't included on these spreadsheets so there will be no effect.
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: 11,927.59
Highest Value in Last 2 Years: 14790.15 (June 19th, 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).
ASSETS:
- up $602.22 from June 5th
- up $7175.48 from June 19th, 2009 (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 rose this week bumping my assets. Three condos on my block sold this week (all for at least $20,000 more than I have mine valued at), so when frugala and I decide to move, there will be some extra assets in our pockets.
LIABILITIES:
- better $280.30 from June 5th
- better $17,157.58 from June 19th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). A nice little improvement, which I hope to continue as the summer progresses.
NET WORTH:
- better $882.51 from June 5th, 2010
- better $24,333.06 from June 19th, 2009(one year ago!)
A nice set of weeks, and I want to keep this up through the summer. I will have a few tutoring gigs throughout the summer which I will put directly against loans to pay them down. As well, my buckets are filling nicely, meaning that when we need to buy new floors, or new clothes for me, or go to Golden Lake for a week, it will not impact my liabilities. This cash isn't included on these spreadsheets so there will be no effect.
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: 11,927.59
Highest Value in Last 2 Years: 14790.15 (June 19th, 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).
Saturday, June 5, 2010
Net Worth Update - June 5th, 2010
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 $259.90 from May 22nd
- up $6707.03 from June 5th, 2009 (one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Things are bouncing back quite nicely, and because I live in a condo I can get an accurate value of my house based on what others in the neighbourhood and my estimates are extremely low. What this means is that when I sell, my assets will immediately rise because I am underestimating the equity in my house.
LIABILITIES:
- better $93.89 from May 22nd, 2010
- better $16,379.97 from June 5th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). Although the year-to-year numbers have been great, the week to week pace has slowed to almost a crawl. Since April 24th, I have only improved about $400. This will be my goal in the summer not to make any hugely extravagent purchases (although we are planning to paint and put laminate flooring in...)
NET WORTH:
- better $353.79 from May 22nd, 2010
- better $23,087.00 from June 5th, 2009(one year ago!)
Things are starting to slow down for me, and without me doing summer school this year I will be unable to make a nice dent in my loans, although the sanity is more than worth it. I just have to remember that this is a long range plan rather than a short term plan.
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: 11,569.61
Highest Value in Last 2 Years: 15073.13 June 18th, 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.
ASSETS:
- up $259.90 from May 22nd
- up $6707.03 from June 5th, 2009 (one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Things are bouncing back quite nicely, and because I live in a condo I can get an accurate value of my house based on what others in the neighbourhood and my estimates are extremely low. What this means is that when I sell, my assets will immediately rise because I am underestimating the equity in my house.
LIABILITIES:
- better $93.89 from May 22nd, 2010
- better $16,379.97 from June 5th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). Although the year-to-year numbers have been great, the week to week pace has slowed to almost a crawl. Since April 24th, I have only improved about $400. This will be my goal in the summer not to make any hugely extravagent purchases (although we are planning to paint and put laminate flooring in...)
NET WORTH:
- better $353.79 from May 22nd, 2010
- better $23,087.00 from June 5th, 2009(one year ago!)
Things are starting to slow down for me, and without me doing summer school this year I will be unable to make a nice dent in my loans, although the sanity is more than worth it. I just have to remember that this is a long range plan rather than a short term plan.
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: 11,569.61
Highest Value in Last 2 Years: 15073.13 June 18th, 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.
Saturday, May 22, 2010
Net Worth Update - May 22nd, 2010
It's been a long while since an update, but here it is!
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:
- down $139.73 from April 24th
- up $7084.30 from May 22nd, 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 had a correction recently, which affects my assets
LIABILITIES:
- better $287.30 from April 24th, 2010
- better $16,787.51 from May 22nd, 2010(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I continue to make bill payments slowly decreasing my liabilities. I had to pay for my last two teachers college courses which affected this.
NET WORTH:
- better $147.57 from April 24th, 2010
- better $23,871.81 from May 22nd, 2010(one year ago!)
Things are starting to slow down for me, and without me doing summer school this year I will be unable to make a nice dent in my loans, although the sanity is more than worth it. I just have to remember that this is a long range plan rather than a short term plan.
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: 11,521.35
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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:
- down $139.73 from April 24th
- up $7084.30 from May 22nd, 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 had a correction recently, which affects my assets
LIABILITIES:
- better $287.30 from April 24th, 2010
- better $16,787.51 from May 22nd, 2010(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I continue to make bill payments slowly decreasing my liabilities. I had to pay for my last two teachers college courses which affected this.
NET WORTH:
- better $147.57 from April 24th, 2010
- better $23,871.81 from May 22nd, 2010(one year ago!)
Things are starting to slow down for me, and without me doing summer school this year I will be unable to make a nice dent in my loans, although the sanity is more than worth it. I just have to remember that this is a long range plan rather than a short term plan.
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: 11,521.35
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Sunday, April 11, 2010
Net Worth Update - April 10th, 2010
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 $350.09 from March 26th, 2010
- up $7898.81 from April 10th, 2009(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 continues to inch up, helping me out.
LIABILITIES:
- better $1450.99 from March 26th, 2010
- better $15,969.18 from April 10th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I got my tax return this week and that is what really helped this segment of my net worth improve!
NET WORTH:
- better $1801.08 from March 26th, 2010
- better $23,867.99 from April 10th, 2010(one year ago!)
Things have really been moving in the right direction for me, especially with my tax return giving me a nice boost. I have to remember to keep the positive momentum and the plan in place nad good things will happen in the long run for me financially.
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: 12,176.84
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
ASSETS:
- up $350.09 from March 26th, 2010
- up $7898.81 from April 10th, 2009(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 continues to inch up, helping me out.
LIABILITIES:
- better $1450.99 from March 26th, 2010
- better $15,969.18 from April 10th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I got my tax return this week and that is what really helped this segment of my net worth improve!
NET WORTH:
- better $1801.08 from March 26th, 2010
- better $23,867.99 from April 10th, 2010(one year ago!)
Things have really been moving in the right direction for me, especially with my tax return giving me a nice boost. I have to remember to keep the positive momentum and the plan in place nad good things will happen in the long run for me financially.
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: 12,176.84
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Sunday, March 28, 2010
Net Worth Update - March 27th, 2010
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 $345.97 from March 12th, 2010
- up $7985.85 from March 26th, 2009(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 continues to inch up, helping me out.
LIABILITIES:
- better $77.69 from March 12th, 2010
- better $15,021.23 from March 26th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). This was a little more painful as it was frugala's birthday and I was still catching up from having less pays for the last two weeks. Hopefully in the next net worth I will be able to get back to business.
NET WORTH:
- better $423.66 from March 12th, 2010
- better $23,007.08 from March 26th, 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. Just sitting back and thinking about it, I am better $23,000 this year as compared to last. If you think of being a millionaire, it will take me over 43 years at this point (which I don't want to wait that long), so I will have to pick up the pace.
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: 11,957.37
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
ASSETS:
- up $345.97 from March 12th, 2010
- up $7985.85 from March 26th, 2009(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 continues to inch up, helping me out.
LIABILITIES:
- better $77.69 from March 12th, 2010
- better $15,021.23 from March 26th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). This was a little more painful as it was frugala's birthday and I was still catching up from having less pays for the last two weeks. Hopefully in the next net worth I will be able to get back to business.
NET WORTH:
- better $423.66 from March 12th, 2010
- better $23,007.08 from March 26th, 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. Just sitting back and thinking about it, I am better $23,000 this year as compared to last. If you think of being a millionaire, it will take me over 43 years at this point (which I don't want to wait that long), so I will have to pick up the pace.
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: 11,957.37
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Sunday, March 14, 2010
Net Worth Update - March 13th, 2010
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 $680.89 from February 27th, 2010
- up $8311.93 from March 12th, 2009(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 jumped nicely recently, and I read on a website that the TSX is at its highest value in 18 months. I am still going to stick with my plan of a two year plan before I rebalance though.
LIABILITIES:
- better $719.17 from February 27th, 2010
- better $15,923.70 from March 12th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). This week I got dinged for taking a week off during the school year (meaning that my salary was lower than it should be). We'll see how this affects me as time continues forward.
NET WORTH:
- better $1400.06 from February 27th, 2010
- better $24,235.63 from March 12th, 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. With my nice tax return eventually coming in, this will help around this time as well.
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
ASSETS:
- up $680.89 from February 27th, 2010
- up $8311.93 from March 12th, 2009(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 jumped nicely recently, and I read on a website that the TSX is at its highest value in 18 months. I am still going to stick with my plan of a two year plan before I rebalance though.
LIABILITIES:
- better $719.17 from February 27th, 2010
- better $15,923.70 from March 12th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). This week I got dinged for taking a week off during the school year (meaning that my salary was lower than it should be). We'll see how this affects me as time continues forward.
NET WORTH:
- better $1400.06 from February 27th, 2010
- better $24,235.63 from March 12th, 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. With my nice tax return eventually coming in, this will help around this time as well.
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
Sunday, February 28, 2010
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
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
Tuesday, January 19, 2010
Net Worth Update - January 19th, 2010
Not a pretty two weeks...with a few small expenses here and there (going out for congratulations for the wedding, getting a new birth certificate (don't ask)) my numbers weren't great this week. Also not having an extra $150 per paycheque because of my tax deductions at the end of the year hurt as well.
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 $139.36 from January 2nd, 2010
- up $7488.58 from January 16th, 2009(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. The market dropped slightly, but overall I am still in good shape.
LIABILITIES:
- better $143.36 from January 2nd, 2010
- better $15,922.17 from January 16th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. My Mastercard shot up this paycheque and that is what is causing the problems here.
NET WORTH:
- better $282.72from January 2nd, 2010
- better $23,410.75 from January 16th, 2010 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. We'll see if I can keep my nice streak going. My fiancee and I hope to combine our finances once we get married (February 14th!) so hopefully my cashflow in a month will slightly improve.
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: 11,750.54
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $139.36 from January 2nd, 2010
- up $7488.58 from January 16th, 2009(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. The market dropped slightly, but overall I am still in good shape.
LIABILITIES:
- better $143.36 from January 2nd, 2010
- better $15,922.17 from January 16th, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. My Mastercard shot up this paycheque and that is what is causing the problems here.
NET WORTH:
- better $282.72from January 2nd, 2010
- better $23,410.75 from January 16th, 2010 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. We'll see if I can keep my nice streak going. My fiancee and I hope to combine our finances once we get married (February 14th!) so hopefully my cashflow in a month will slightly improve.
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: 11,750.54
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Thursday, January 7, 2010
Net Worth Update - January 7th, 2010
I was a little slow with the update because my bank was a few days behind because my paycheque came out on a holiday. But my bank statements are now up to date and I can update finally!
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 $532.16 from December 20th, 2009
- up $7523.36 from January 2nd, 2009(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. At the end of the year, distributions are up as well as stocks tend to rise so portfolio managers (in my opinion) can look better in a year to year comparison. (I don't know if that's true but it seems to be)
LIABILITIES:
- better $816.14 from December 20th, 2009
- better $15,171.80 from January 2nd, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. I have a small Mastercard amount but once that is paid off these will continue to be tremendous amounts here!
NET WORTH:
- better $1,348.30 from December 20th, 2009
- better $22,695.16 from January 2nd, 2010 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. Technically, this was my three pay month so these numbers look great no matter what here.
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: 11,944.54
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $532.16 from December 20th, 2009
- up $7523.36 from January 2nd, 2009(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. At the end of the year, distributions are up as well as stocks tend to rise so portfolio managers (in my opinion) can look better in a year to year comparison. (I don't know if that's true but it seems to be)
LIABILITIES:
- better $816.14 from December 20th, 2009
- better $15,171.80 from January 2nd, 2009(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. I have a small Mastercard amount but once that is paid off these will continue to be tremendous amounts here!
NET WORTH:
- better $1,348.30 from December 20th, 2009
- better $22,695.16 from January 2nd, 2010 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. Technically, this was my three pay month so these numbers look great no matter what here.
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: 11,944.54
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Sunday, December 20, 2009
Net Worth Update - December 20th, 2009
With the purchase of an engagement ring, my assets fell this week, but overall it worked out not too badly (with my engagement and the numbers!)
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:
- down $964.66 from December 4th, 2009
- up $7324.60 from December 20th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Despite purchasing a ring, my investments continued to rise quite nicely. The numbers would have been great this week otherwise!
LIABILITIES:
- better $1,047.29 from December 4th, 2009
- better $14,056.73 from December 20th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to four tutoring jobs, where the extra money that I earn goes to paying off my liabilities. This moved nicely because I had three loans all hit on this period (my student loans, my Buffalo loans and my mortgage).
NET WORTH:
- better $82.63 from December 4th, 2009
- better $21,381.34 from December 20th, 2008 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. Despite purchasing my engagement ring, the numbers still worked out on this week (making me very happy). Once we officially tie the knot, we will combine our finances and my fiance will have her own spot on this blog!
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: 11,463.40
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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:
- down $964.66 from December 4th, 2009
- up $7324.60 from December 20th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Despite purchasing a ring, my investments continued to rise quite nicely. The numbers would have been great this week otherwise!
LIABILITIES:
- better $1,047.29 from December 4th, 2009
- better $14,056.73 from December 20th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to four tutoring jobs, where the extra money that I earn goes to paying off my liabilities. This moved nicely because I had three loans all hit on this period (my student loans, my Buffalo loans and my mortgage).
NET WORTH:
- better $82.63 from December 4th, 2009
- better $21,381.34 from December 20th, 2008 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. Despite purchasing my engagement ring, the numbers still worked out on this week (making me very happy). Once we officially tie the knot, we will combine our finances and my fiance will have her own spot on this blog!
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: 11,463.40
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, December 5, 2009
Net Worth Update - December 5th, 2009
With Christmas gifts on the way, lets see how my spending has gone.
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 $312.73 from November 20th, 2009
- up $8524.39 from December 4th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. My assets continue to climb, which makes me feel great!
LIABILITIES:
- better $457.25 from November 20th, 2009
- better $12,687.73 from December 4th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. We are back to positive territory (at least moving in the right direction) with my liabilities this update, but the progress is slowing as my expenses rise, leaving me with less extra money to put extra payments on. After Christmas I will hopefully get back to normal though.
NET WORTH:
- better $769.98 from November 20th, 2009
- better $21,212.13 from December 4th, 2008 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. Just imagining that my net worth has increased by $21,000 this year is wonderful! As my loans continue to drop (really my interest payments) these numbers will get better year after year! Even at the current rate, $20,000 x 30 years = $600,000 net worth (assuming no interest there). Numbers are wonderful!
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: 11,510.80
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $312.73 from November 20th, 2009
- up $8524.39 from December 4th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. My assets continue to climb, which makes me feel great!
LIABILITIES:
- better $457.25 from November 20th, 2009
- better $12,687.73 from December 4th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. We are back to positive territory (at least moving in the right direction) with my liabilities this update, but the progress is slowing as my expenses rise, leaving me with less extra money to put extra payments on. After Christmas I will hopefully get back to normal though.
NET WORTH:
- better $769.98 from November 20th, 2009
- better $21,212.13 from December 4th, 2008 (one year ago!)
Once again, automatic pilot means that things will be going in the right direction without major intervention on my part no matter what. Just imagining that my net worth has increased by $21,000 this year is wonderful! As my loans continue to drop (really my interest payments) these numbers will get better year after year! Even at the current rate, $20,000 x 30 years = $600,000 net worth (assuming no interest there). Numbers are wonderful!
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: 11,510.80
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, November 21, 2009
Net Worth Update - November 21st, 2009
Just a disclaimer before I begin: with Christmas on the way, I made a few extra purchases this month and I signed up for a course. A course is considered to be good credit (because it will eventually turn into me making more money at my job), so although it is hurting my bottom line this week, in the long term it is a positive.
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 $518.23 from November 6th, 2009
- up $8513.19 from November 21st, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. My assets are continuing to slowly rise as the stock market inches up towards the end of the year. This is making me feel better, even after a really poor end to 2008 that the bounce back happen very quickly. Every book that I have read has confirmed this, but its nice to experience it too!
LIABILITIES:
- worse $63.28 from November 6th, 2009
- better $12,587.47 from November 21st, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. As mentioned in the intro, I signed up for a $900 course which hurt my financial statements for this week. As a positive, this is the first time (since I signed up for my last course in May) that my liabilities got worse. I'll have to bounce back next week with a vengeance!
NET WORTH:
- better $454.95 from November 6th, 2009
- better $21,100.66 from November 21st, 2008 (one year ago!)
This is the nice thing about going on automatic pilot for my finances: even in times where I have to spend more (Christmas, courses, etc.) it still goes in the right direction. For me to imagine that I am $21,000 better than I was a year ago boggles the mind!
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: 11,579.33
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $518.23 from November 6th, 2009
- up $8513.19 from November 21st, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. My assets are continuing to slowly rise as the stock market inches up towards the end of the year. This is making me feel better, even after a really poor end to 2008 that the bounce back happen very quickly. Every book that I have read has confirmed this, but its nice to experience it too!
LIABILITIES:
- worse $63.28 from November 6th, 2009
- better $12,587.47 from November 21st, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. As mentioned in the intro, I signed up for a $900 course which hurt my financial statements for this week. As a positive, this is the first time (since I signed up for my last course in May) that my liabilities got worse. I'll have to bounce back next week with a vengeance!
NET WORTH:
- better $454.95 from November 6th, 2009
- better $21,100.66 from November 21st, 2008 (one year ago!)
This is the nice thing about going on automatic pilot for my finances: even in times where I have to spend more (Christmas, courses, etc.) it still goes in the right direction. For me to imagine that I am $21,000 better than I was a year ago boggles the mind!
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: 11,579.33
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, November 7, 2009
Net Worth Update - November 7th, 2009
With the first signs of winter on the way, this will be a shivering update to my net worth.
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 $198.74 from October 24th, 2009
- up $7579.78 from November 7th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Again, the markets stayed about flat (or dropped), but my regular contributions continued and I continue at an all-time high.
LIABILITIES:
- better $574.63 from October 24th, 2009
- better $12,647.00 from November 7th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. The numbers dropped a bit because I did some charity contributions on my Mastercard this week but the warm feeling that you get from donating will help from my lower numbers than usual.
NET WORTH:
- better $773.36 from October 24th, 2009
- better $20,226.78 from November 7th, 2008 (one year ago!)
Decent numbers once again. I have to keep reminding myself that positive gains each paycheque and consistency is going to get me going in the right direction. My long term goals are to be student-loan free by the time I'm 35 (that being all my bills paid except my mortgage by age 35). I am still on track to do that as I continue to inch along. Christmas is coming around the corner though...
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: 11,250.42
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $198.74 from October 24th, 2009
- up $7579.78 from November 7th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Again, the markets stayed about flat (or dropped), but my regular contributions continued and I continue at an all-time high.
LIABILITIES:
- better $574.63 from October 24th, 2009
- better $12,647.00 from November 7th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. The numbers dropped a bit because I did some charity contributions on my Mastercard this week but the warm feeling that you get from donating will help from my lower numbers than usual.
NET WORTH:
- better $773.36 from October 24th, 2009
- better $20,226.78 from November 7th, 2008 (one year ago!)
Decent numbers once again. I have to keep reminding myself that positive gains each paycheque and consistency is going to get me going in the right direction. My long term goals are to be student-loan free by the time I'm 35 (that being all my bills paid except my mortgage by age 35). I am still on track to do that as I continue to inch along. Christmas is coming around the corner though...
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: 11,250.42
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, October 24, 2009
Net Worth Update - October 24th, 2009
I truly believe that my listing your goals and tracking your goals it is much easier to make progress. Here is the usual update!
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 $233.61 from October 9th, 2009
- up $7652.85 from October 23rd, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Even with the markets slipping a bit, my regular contirbutions continue to push me to an all-time high in assets each update.
LIABILITIES:
- better $677.13 from October 9th, 2009
- better $12,949.91 from October 23rd, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. I am quite happy with this number each week. We'll see how this continues as Christmas creeps up, although I am saving some money on the side for that as well.
NET WORTH:
- better $910.73 from October 9th, 2009
- better $20,602.76 from October 23rd, 2008 (one year ago!)
The numbers aren't as good as the previous week, but let's face facts...improving by upwards of $20,000 in a single year I think is still phenomenal. I've also had nine straight updates (even before this blog started) when my liabilities dropped, which is all I can ask! In the calendar 2009, I have improved by assets by around $7000 and my liabilities by about $12,000!
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: 11,382.13
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $233.61 from October 9th, 2009
- up $7652.85 from October 23rd, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. Even with the markets slipping a bit, my regular contirbutions continue to push me to an all-time high in assets each update.
LIABILITIES:
- better $677.13 from October 9th, 2009
- better $12,949.91 from October 23rd, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to five tutoring jobs, where the extra money that I earn goes to paying off my liabilities. I am quite happy with this number each week. We'll see how this continues as Christmas creeps up, although I am saving some money on the side for that as well.
NET WORTH:
- better $910.73 from October 9th, 2009
- better $20,602.76 from October 23rd, 2008 (one year ago!)
The numbers aren't as good as the previous week, but let's face facts...improving by upwards of $20,000 in a single year I think is still phenomenal. I've also had nine straight updates (even before this blog started) when my liabilities dropped, which is all I can ask! In the calendar 2009, I have improved by assets by around $7000 and my liabilities by about $12,000!
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: 11,382.13
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, October 10, 2009
Net Worth Update - October 10th, 2009
I truly believe that my listing your goals and tracking your goals it is much easier to make progress. Here is the usual update!
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 $450.53 from September 25th, 2009
- up $7777.54 from October 8th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. I put a little more aside this week (see a future post on how I lowered my taxes and increased my paycheque for 2009).
LIABILITIES:
- better $678.26 from September 25th, 2009
- better $12,479.33 from October 8th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). Once again, my four tutoring jobs help in this. It is a little worse than usual because of prescriptions carried forward on my Mastercard.
NET WORTH:
- better $1128.80 from September 25th, 2009
- better $20,256.87 from October 8th, 2008 (one year ago!)
Excellent statistics as usual. Of course I am a numbers guy, so this looks great. To think that my net worth has increased by $20,000 in a single year makes me tremendously happy. As well, in 2009 I have decreased by liabilities in every paycheque but two (when I paid for my summer school course and when we went on holidays). For me right now, where paying down my debt is a high priority, this is extremely exciting.
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: 11,436.92
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $450.53 from September 25th, 2009
- up $7777.54 from October 8th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. I put a little more aside this week (see a future post on how I lowered my taxes and increased my paycheque for 2009).
LIABILITIES:
- better $678.26 from September 25th, 2009
- better $12,479.33 from October 8th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). Once again, my four tutoring jobs help in this. It is a little worse than usual because of prescriptions carried forward on my Mastercard.
NET WORTH:
- better $1128.80 from September 25th, 2009
- better $20,256.87 from October 8th, 2008 (one year ago!)
Excellent statistics as usual. Of course I am a numbers guy, so this looks great. To think that my net worth has increased by $20,000 in a single year makes me tremendously happy. As well, in 2009 I have decreased by liabilities in every paycheque but two (when I paid for my summer school course and when we went on holidays). For me right now, where paying down my debt is a high priority, this is extremely exciting.
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: 11,436.92
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, September 26, 2009
Net Worth - September 26th, 2009
Another decent two weeks for my net worth. Here is the usual update.
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 $306.21 from September 11th, 2009
- up $6559.30 from September 26th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. The markets are continuing to rise (who knows for how long) so my assets continue to slowly rise.
LIABILITIES:
- better $827.08 from September 11th, 2009
- better $11,403.78 from September 26th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to four tutoring jobs in a week so all my money that I get from that will go towards decreasing my liabilities. As last weeks liabilities were low (because of spending on MasterCard for prescriptions), as I got my cheque back from my prescriptions I was able to really improve my liabilities this week.
NET WORTH:
- better $1133.29 from September 11th, 2009
- better $17,963.09 from September 12th, 2008 (one year ago!)
Another good set of two weeks. Even just by tracking this (and having a constant reminder of where you stand) really seems to help out. This is like constant goal tracking (which I think is great). Since I started (publicly) tracking my net worth on this blog, all updates have had positive growth in assets and my liabilities have dropped (which is awesome). Let's hope that this continues (I am making it happen so it really isn't hope...its action!)
The last thing I am going to track is the value of the TSX. I have some asset allocation goals that I will share in future posts, and they are dependent on the value of the TSX.
TSX Graph
Current Value: 11,212.39
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $306.21 from September 11th, 2009
- up $6559.30 from September 26th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. The markets are continuing to rise (who knows for how long) so my assets continue to slowly rise.
LIABILITIES:
- better $827.08 from September 11th, 2009
- better $11,403.78 from September 26th, 2008(one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). I am now up to four tutoring jobs in a week so all my money that I get from that will go towards decreasing my liabilities. As last weeks liabilities were low (because of spending on MasterCard for prescriptions), as I got my cheque back from my prescriptions I was able to really improve my liabilities this week.
NET WORTH:
- better $1133.29 from September 11th, 2009
- better $17,963.09 from September 12th, 2008 (one year ago!)
Another good set of two weeks. Even just by tracking this (and having a constant reminder of where you stand) really seems to help out. This is like constant goal tracking (which I think is great). Since I started (publicly) tracking my net worth on this blog, all updates have had positive growth in assets and my liabilities have dropped (which is awesome). Let's hope that this continues (I am making it happen so it really isn't hope...its action!)
The last thing I am going to track is the value of the TSX. I have some asset allocation goals that I will share in future posts, and they are dependent on the value of the TSX.
TSX Graph
Current Value: 11,212.39
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
Saturday, September 12, 2009
Net Worth Update - September 11th, 2009
An unimpressive week for my net worth and an unimpressive week for my blog. Nonetheless, here is an update for both.
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 $332.15 from August 28th, 2009
- up $6321.34 from September 12th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. My index funds continue to rise, and I increased my deposits with my pay raise.
LIABILITIES:
- better $145.35 from August 28th, 2009
- better $11,305.61 from September 12th, 2008 (one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). My excuse this week for the only small improvement is that I have an extra $500 on my mastercard that I purchased this week for insulin supplies (I am a diabetic), which will come off for my next net worth update, so the numbers will eventually look better. I also increased my payments on a loan and my mortgage with my pay raise so this will incrementally help my liabilities.
NET WORTH:
- better $477.49 from August 28th, 2009
- better $17,626.94 from September 12th, 2008 (one year ago!)
I am actually feeling really good about these results (as usual). For the last two years, the first week of school brought about increased spending (materials for the class, new clothes, etc.), but this year while the spending increased, the money just came out of the buckets, so I didn't need to spend extra. As I am saving for Christmas in this way as well, there won't be a huge negative jump at Christmas. This is highly recommended for everyone!
The last thing I am going to track is the value of the TSX. I have some asset allocation goals that I will share in future posts, and they are dependent on the value of the TSX.
TSX Graph
Current Value: 11,253.23
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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 $332.15 from August 28th, 2009
- up $6321.34 from September 12th, 2008(one year ago)
These assets include my house (I give it 1% appreciation each year in my appreciation), my RRSP and my TFSA. My index funds continue to rise, and I increased my deposits with my pay raise.
LIABILITIES:
- better $145.35 from August 28th, 2009
- better $11,305.61 from September 12th, 2008 (one year ago)
These liabilities include my mortgage, student loans and a consolidation loan (mainly for my Masters Degree for teaching). My excuse this week for the only small improvement is that I have an extra $500 on my mastercard that I purchased this week for insulin supplies (I am a diabetic), which will come off for my next net worth update, so the numbers will eventually look better. I also increased my payments on a loan and my mortgage with my pay raise so this will incrementally help my liabilities.
NET WORTH:
- better $477.49 from August 28th, 2009
- better $17,626.94 from September 12th, 2008 (one year ago!)
I am actually feeling really good about these results (as usual). For the last two years, the first week of school brought about increased spending (materials for the class, new clothes, etc.), but this year while the spending increased, the money just came out of the buckets, so I didn't need to spend extra. As I am saving for Christmas in this way as well, there won't be a huge negative jump at Christmas. This is highly recommended for everyone!
The last thing I am going to track is the value of the TSX. I have some asset allocation goals that I will share in future posts, and they are dependent on the value of the TSX.
TSX Graph
Current Value: 11,253.23
Highest Value in Last 2 Years: 15073.13 June 18th, 2008
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