My Most Recent Buys ZDI and BAC

Hi everyone hope you are all doing well and collecting lots of dividends. Today I am going to share with you a couple of purchases I made at the end of June. Both of the purchases contribute to my wanting to diversify my investing portfolio away from Canada. Why would I want to get away from the Canadian market you may ask? Well Canada represents only about 3% of the world’s stock market and is dominated by the financial, telecom and utilities sectors so Canadians need to diversify to gain access to the global markets. Last year when I reviewed my portfolio I found that around 85% of my investments were in the Canadian market, that number was far to large. So far in 2018 I have purchased 4 US stocks in an attempt to lower that figure.

Both purchases were for my RRSP account.

Let’s get to my new purchases 🙂

My first purchase occurred on June 27th and that purchase was the BMO International Dividend ETF when I bought 108 shares. I took my portfolio global, this purchase provides me my first exposure outside of the North American market. This buy in my opinion is very important as I had no exposure to the global market outside of North America I had been depriving my portfolio. Now I can say I have investments all over the world.

Fund Facts

• ETF was started in November 2014
• Net Assets $419.75 million
• 101 stocks in the ETF
• Management Expense Ratio 0.44%

Sector Allocation for the ETF

Geographic Allocation of the ETF

 

Dividends

The ETF pays a monthly distribution of $0.09. With my 108 shares I will provide me $9.72 per month and $116.64 annually.

 

My second purchase took place on June 29th and that stock is.

 

Yes Bank of America everybody. I first purchased shares in BAC earlier this year. I believe with a growing American economy the bank is positioned to do quite well. Also at the end of June the bank passed the Federal Stress Test, once that was announced they also said they were providing shareholders with a dividend increase to $0.15 from $0.12.

The Buy

As mentioned on June 29th I purchased 36 shares of Bank of America. With this purchase I double my investment in the bank and now hold 72 shares.

Dividends

As mentioned above the new dividend will be $0.15 paid quarterly, so my 36 shares will boost my annual income by $21.60 USD ($28.37 CDN).

 

These buys help me to further diversify my portfolio and I will continue to do so when provided the opportunity. So what do you think of my purchases? Please feel free to leave a comment.

Thanks for reading

Matthew

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June 2018 Net Worth

 

Hello to all of my personal finance peeps out there hope you are all doing awesome! Today’s post is about my net worth for the month of June and where I sit heading into July. For me June was a big month I celebrated my birthday on the 24th also I felt like it might have been my best financial month. I say that because on the investing side I received a record amount of dividends, you can find out here. On the debt side I was able to make a large extra payment towards my debt that I owe on my car. Also I had a small win, at the end of June I won $20 bucks in my fantasy baseball league.

I do have some big news to share with you though. During the middle of June I decided to quit my part-time job. With this decision I am now down to one job, last year I work three at one point. One reason why I quit is because I wanted to take sometime off in between jobs and not burn myself out. Last year I worked three jobs and only had 15 days off throughout the year. Also I would have needed to pay money to renew my licence as a security guard by June 24 (my birthday) which would have cost $120, since I was becoming less committed to the job I thought this was a needless expense.

All numbers that will be shown below are as of June 30th.

	June	May	Change
Cash & Savings	$5,510.52	$6,074.21	-$563.69
Investments	$125,685.24	$121,492.82	$4,192.42
Car	$14,282.00	$14,282.00	$0.00
Liabilities	$6,989.30	$9,984.57	-$2,995.27

Cash & Savings (-$563.69)

	June	May	Change
Car Account	$154.70	$1,316.38	-$1,161.68
Cash	$449.85	$454.92	-$5.07
Emergency Fund	$4,905.97	$4,302.91	$603.06

My cash at the end of June dropped my $563.69 normally that is a bad thing but for me it is good. I say this because the drop came out of my car account and the drop means I made an extra payment towards my car loan. Normally I save up roughly $1,500 in the account then I go to the bank and put it towards my loan. My emergency fund continues to grow, each month I will continue to put money into the account each month until the balance reaches $10,000.

Investments (+$4,192.42)

	June	May	Change
Locked in RRSP	$4,641.42	$4,095.99	$545.43
TFSA	$31,213.42	$30,175.75	$1,037.67
RRSP	$89,830.40	$87,221.08	$2,609.32

June was a great month for my investments I had some big growth. Each account grew nicely one reason for this was one of my stocks Enbridge received approval in Minnesota for their Line 3 replacement program and that send the stock price soaring. Last month I mentioned that I was concerned with the lack of growth from my portfolio that concern has subsided a little bit after this month. If I take dividends  ($650) out of the equation my portfolio grew by it’s own $3,542.42.

Car ($14,282.00)

I currently own a 2015 Hyundai Elantra GLS and according to Canadian Black Book the value of the car is now $14,282.00. I check this every three months. I will post a new value in my July post.

Liabilities (-$2,995.27)

	June	May	Change
Credit Card	$30.18	$97.54	-$67.36
Car	$6,959.12	$9,887.03	$2,927.91

Hey guys I am so happy to share this with you. In June I was able to pay down a large amount of my debt. I mentioned above that I quit my part-time job in the middle of the month, a week or so after that I received all the money that they owed me roughly $800 after taxes and at that time in my car account I had $1,700 so once I received my new money I immediately went to the bank and made an extra payment of $2,500 towards my loan. I figure I knocked off 7 to 8 months worth of payments.

Net Worth

June saw my net worth increase by $6,624 my biggest increase in a single month since I started tracking my net worth. Fingers crossed I can sustain that kind of growth 🙂

 

How did you guys do in June? I hope your net worth grew as well.

Thanks for reading

Matthew

June 2018 Dividend Income *New Record*

Hey fellow investors. We say goodbye to June and start the second half of 2018. It is hard for me to say goodbye to June because I think it was the best month ever for me in terms of my finances. One area of my finances that was outstanding was dividends received which this post is about, a new record was set I received $650.27.

My portfolio consists of three accounts and when I combined them I had 20 stocks and 1 ETF pay me a record total $650.27. In my Registered Retirement Savings Plan (RRSP) account I received $382.28, my Taxa Free Savings Account (TFSA) received $241.44 and finally my Locked in Retirement Account (LIRA) received $26.55.

TFSA

	2017	2018
ZCL Composites Inc		$90.80
Inter Pipeline	$17.87	$32.76
Plaza REIT		$23.73
Corus Entertainment	$6.56	$18.24
Chorus Aviation	$17.28	$17.56
Keg Royalties Income Fund	$15.24	$15.70
Artis REIT	$13.95	$14.31
Boston Pizza Royalties Fund	$12.31	$12.31
Canadian Apartment Properties REIT		$9.20
Canadian National Railway		$6.83
Boardwalk REIT	$17.63
Total	$100.84	$241.44

Huge growth in my Tax Free Savings Account this month the biggest reason for this was the special dividend paid out by ZCL Composites Inc. New investments in stocks also helped fuel the growth, along with the ability to drip shares in Inter Pipeline, Plaza REIT, Corus, Chorus, Artis REIT.

RRSP

	2017	2018
Enbridge	$57.34	$98.64
Fortis	$64.40	$85.43
Canadian Utilities	$55.41	$61.35
Power Corp	$21.15	$44.31
BMO US Dividend ETF	$31.29	$31.88
Johnson & Johnson		$18.59
Pizza Pizza Royalty Corp	$16.76	$17.04
Realty Income		$13.44
Microsoft		$5.90
Bank of America		$5.70
Exco Technologies	$8.00
Westjet	$7.00
Total	$261.35	$382.28

Further investments over the last year in Enbridge, Fortis, Canadian Utilities and Power Corp have had a big impact on my dividend income allowing me to either drip more shares each payment or to receive a share per payment since I can only receive whole shares through my brokerage. Also all of my US stocks contributed to my income in June.

LIRA

Enbridge Income Fund Holdings

$26.55

This account is only a few months old and only holds one stock.

DRIP

In June I was able to receive 20 new shares through the DRIP (Dividend Reinvestment Plan.)

	# of Shares
Plaza REIT	5
Corus Entertainment	3*
Fortis	2
Enbridge	2
Chorus Aviation	2
Canadian Utilities	1
Inter Pipeline	1
Artis REIT	1
Pizza Pizza Royalty Corp	1
BMO US Dividend ETF	1
Power Corp	1
Total	20

*As you may or may not know Corus Entertainment is going through some rough times and last week they cut their dividend 79% which will take effect on September 1st. In the graph below instead of waiting I have added the new dividend number to my forward dividend’s earned through the drip.

Below is a chart to show my future income I will receive from these new shares.

I almost reached $20 maybe next month! Since I turned the drip back on I have increased my forward income by $70.24.

2016 to 2018 Dividends

Can’t really believe I crossed the $600 mark in June. My goal is just to get higher each month than the previous year’s total which I have also been able to do each month of 2018 so far.

Dividend Goal

At the beginning of the year I set a goal of wanting to receive $6,000 in dividends this year. That was a bit ambitious of me as last year I received $4,300. As we end the June you can see I am slightly behind on my goal.

Buy and Sell

Buys

• Bought 43 shares of Canadian Utilities for my TFSA account
• Bought 108 shares of ZDI  BMO International Dividend ETF
• Bought 36 shares of Bank of America

Sells

• Sold 43 shares of Canadian Utilities in my RRSP account

 

The buying and selling of Canadian Utilities mentioned above is part of my strategy I have. I am slowly moving the stock to my TFSA account in order to free up money to help me diversify my portfolio. At the end of June I made two purchases that help diversify my investments with the money from selling Canadian Utilities shares. I will write about those purchases soon.

Raises

I had a couple of raises in June, not as many as in the month of May but that’s ok.

• On June 19 Realty Income Corp increased their dividend to $0.22 from $0.2195
• On June 28 Bank of America raised their dividend to $0.15 from $0.12

Cuts

• Corus Entertainment announced that it was cutting it’s dividend by 79% starting in September.

 

Well that is going to wrap up my June report. I hope all of you had a great month. Please let me know how you did in the comment section.

Thanks for reading

Matthew

Finally My May 2018 Net Worth Post

Hi everyone I know I am a couple of weeks late with this post my apologies I have been busy with work and the World Cup has caught my attention. Today I am focused on finishing this post to give you guys a look at my financials to see if they have improved or declined from April.

May was a quiet month for me which is a positive. I did not make big purchases. One thing to mention about my employment at the end of May I got hired on as a part-time employee with my employer which is a step up from being classified as a supply custodian. I mention this because as a part-time employee I have 20 hours per week that is mine, on top of this my boss as placed me in a long term placement which gives me an additional 17.5 hours per week for a total of 37.5. This affects my finances because I now get paid every week which is kind of neat.

Let’s get to the numbers shall we!

All numbers are as of May 31, 2018

	May	April	Change
Cash & Savings	$6,074.21	$5,312.87	$761.34
Investments	$121,492.82	$120,214.00	$1,278.82
Car	$14,282.00	$14,282.00	$0.00
Liabilities	$9,984.57	$10,854.79	-$870.22

Cash & Savings (+$761.34)

	May	April	Change
Car Account	$1,316.38	$911.61	$404.77
Cash	$454.92	$559.96	-$105.04
Emergency Fund	$4,302.91	$3,841.30	$461.61

May was a good month for my savings, I was able to add more to my car account and emergency savings. I would like to eventually get my emergency fund up to $10,000 I don’t have a fixed deadline for this (maybe 2019??). In my April net worth post I mentioned that I would make an extra payment on my car loan well I delayed that until June.

Investments (+$1,278.82)

	May	April	Change
Locked in RRSP	$4,095.99	$3,948.00	$147.99
TFSA	$30,175.75	$29,195.00	$980.75
RRSP	$87,221.08	$87,071.00	$150.08

My investments saw a nice bump in May. This growth came from fresh capital that I deployed in the month and through dividends received ($369.72). One small concern I have is that my RRSP account didn’t grow. Above it says it grew by $150.08 but I received $200.33 in dividends without that I would have lost $50. I may need to take a look at my account and see if I need to make some changes.

Car ( $14,282.00)

I currently own a 2015 Hyundai Elantra GLS and according to Canadian Black Book the value of the car is now $14,282.00. I check this every three months.

Liabilities (-$870.22)

	May	April	Change
Credit Card	$97.54	$670.86	-$573.32
Car	$9,887.03	$10,183.93	-$296.90

My liabilities declined nicely in May, I was able to pay off my balances that I had at the end of April. I have a small amount on my cards at the end of May. Also I made my regular two monthly payments on my car.

Net Worth

 

Yay I surpassed $130k. When you put all the numbers together May was the second best month of 2018 for me my net worth increased by $2,910.38.

How did you guys do in May?? I hope it was positive. I promise that my June post will be done more quickly 🙂

Thanks for reading I appreciate your support.

Matthew

May 2018 Dividend Income

Hello dividend lovers welcome to my May dividend income post. I have seen a few bloggers post their May dividends and they are breaking their own records which is great to see. For me I did not break my record like I did in April. However May was a positive month for me as my year over year income grew. As a dividend investor that is what I want to see.

My portfolio consists of three accounts combined in May I received $369.72 this is an increase of $85.37 compared to May 2017. In my Registered Retirement Savings Plan (RRSP) I received $200.33. In my Tax Free Savings Account (TFSA) $142.84, and in my Locked In Retirement Account $26.55.

TFSA

	2017	2018
Artis Real Estate Investment Trust	$13.95	$14.22
Boardwalk Real Estate Investment Trust	$17.63	$0.00
Boston Pizza Royalties Fund	$12.31	$12.31
Chorus Aviation	$17.28	$17.48
Corus Entertainment	$6.56	$18.05
Inter Pipeline	$17.87	$32.62
The Keg Royalties Income Fund	$15.24	$15.70
Plaza Real Estate Investment Trust	$0.00	$23.61
Canadian Apartment Properties Reit	$0.00	$8.85
Total	$100.84	$142.84

I saw some nice growth in this account due to my new investment in Plaza REIT and Canadian Apartment Properties REIT, Inter Pipeline and Corus Entertainment.

RRSP

	2017	2018
Royal Bank of Canada	$66.99	$72.38
Bank of Montreal	$62.48	$66.03
BMO US Dividend ETF	$31.29	$31.81
Pizza Pizza Royalty Corp	$16.76	$16.97
Potash Corp (now Nutrien)	$5.99	$0.00
Realty Income Corp.	$0.00	$13.14
Total	$183.51	$200.33

The main reason for growth with this account was my purchase of Realty Income Corp in January. The rest of the increase is due to dividend increases I received from the other stocks and ETF.

LIRA

Enbridge Income Fund Holdings

$26.55

This account is new and I purchased this stock earlier this year so I can’t compare year-over-year.

DRIP

I was able to drip 12 shares in May.

	# of Shares
Plaza Real Estate Investment Trust	5
Chorus Aviation	2
Corus Entertainment	2
Artis Real Estate Investment Trust	1
Inter Pipeline	1
Pizza Pizza Royalty Corp	1

Below is a chart to show my future income I will receive from these new shares.

Adding $9 to my forward income is pretty good, not as good as the last two months but it will quickly grow year after year.

2016 to 2018 Dividends

Another month of growth I can’t ask for anything more than that. As you can see February, May, August and November are my weaker months in terms of receiving dividends. I continue my streak of surpassing my 2017 income total for each month here in 2018.

Dividend Goal

This year I have set an ambitious goal of wanting to receive $6,000 this year. At the end of May I am one third of the way there.

Purchases

I made one purchase in May I bought 39 shares of Canadian Utilities for my TFSA account.

Raises

May was a busy in this department for me 🙂

• Telus raised their quarterly dividend to $0.525 from $0.505
• Algonquin Power & Utilities raised their quarterly dividend to $0.1282 from $0.1165
• Power Corp raised their quarterly dividend to $0.3820 from $0.3585
• Canadian Apartment Properties REIT raised their monthly dividend to $0.1108 from $0.1066
• Bank of Montreal raised their quarterly dividend to $0.96 from $0.93

 

That is going to do it folks for my May income report. Please feel free to comment below I always like hearing from you. How did you guys make out in May? I hope you received lots of dividends.

Raises 9,10,11,12 and 13th on the Year

Hi everyone I hope you are all doing great, and receiving lots of dividends. Today I am going to share with you some dividend raises I have received in the month of May. For me it seems the raises I receive come in bunches so for this month instead of doing individual posts for each raise. I thought it would be better to combine them in one post. That being said you probably have heard about 3 of the raises as they happened on May 8, 10 and 11th.

Let’s get to the raises shall we!

On May 8th Canadian Apartment Properties Real Estate Investment Trust announced that they would be increasing their dividend to $1.33 from $1.28. The company pays a monthly dividend so this works out to a dividend of $0.1108 per month up from $0.1066. This is the first increase I have received from this stock and hopefully it won’t be the last.

Income

I currently own 83 shares so with this announcement my monthly income will improve to $9.20 up from $8.85 an increase of $0.35.  My forward income for the year improves by $4.20.

The first payment of the new dividend will take place in June with May’s distribution.

 

 

On May 10th like clock work Telus announced another raise for their dividend. For the past few years Telus has increased their dividend twice a year. With this announcement Telus is increasing their dividend to $0.525 from $0.505. Telus pays a quarterly dividend. This is the 6th raise I have received this I first started investing in the company.

Income

I currently own 101 shares so with this announcement my quarterly income will improve by $2.02. My forward income for the year improves by $8.08.

The dividend increase comes into effect with the July 3rd payment.

 

 

On May 10th as well Algonquin Power & Utilities announced a raise to their dividend. Algonquin pays their quarterly dividend in US dollars. Their dividend with this announcement increases to $0.1282USD from $0.1165USD. This is the 4th raise I have received from Algonquin.

Income

I currently own 312 shares and my quarterly income will increase by $3.65USD. My forward income for the year will increase by $14.60USD at the time of announcement if I converted the money to Canadian dollars it would be $18.68.

 

 

On May 11th Power Corp of Canada announced a 6.6% increase to their dividend. Power Corp pays a quarterly dividend, with this announcement the dividend will improve to $0.3820 from $0.3585. This is the third increase I have received from Power Corp.

Income

I currently own 116 shares of the company and my new quarterly income will improve by $2.72. My forward income for the year will increase by $10.88.

The new dividend will be payable on June 29 to shareholders of record June 8th.

 

Today May 30th as expected Bank of Montreal raised their dividend 3 cents. The new quarterly dividend is now $0.96 up from $0.93. This new dividend payout will take effect on August 28th to shareholders of record on August 1st. This is the 8th raise I have received from the bank.

Income

I currently own 71 shares of BMO and with this announcement my quarterly income will increase $2.13. My forward income for the year increases by $8.52.

Well folks that wraps up all my dividend raise announcements. Combined these have increased my yearly income by $50.36, that’s not to bad in my opinion. If you own these stocks congrats on your raises.

Thanks for reading

Matthew

Recent Buy: Canadian Utilities

Hey everyone I would like to share a recent purchase I made with you. Way back on May 11th I decided to buy more shares of one of my favourite stocks Canadian Utilities. This stock as well as others have seen a decline in their share prices as interest rates rise. Before we get into the details let me share with you some information about Canadian Utilities in case you are unfamiliar with the company.

About Canadian Utilities

Alberta-based Canadian Utilities Limited, with approximately 5,400 employees and assets of $21 billion, is an ATCO Company. ATCO is a diversified global corporation delivering service excellence and innovative business solutions in Structures & Logistics (workforce housing, innovative modular facilities, construction, site support services, and logistics and operations management); Electricity (electricity generation, transmission, and distribution); Pipelines & Liquids (natural gas transmission, distribution and infrastructure development, energy storage, and industrial water solutions); and Retail Energy (electricity and natural gas retail sales).

Source: Company website.

Why Different Account

What makes this purchase interesting for me besides growth my forward dividends, is that I purchased it in my Tax Free Savings Account (TFSA). I currently hold 156 shares of the stock in my Registered Retirement Savings Plan (RRSP) account. I purchased these new shares in my TFSA because over time I would like to only hold the stock in my TFSA and remove it from my RRSP. Why is this? Well I am doing this to free up cash in my RRSP to buy US stocks or potentially a ETF that focuses on international stocks. So the plan will take time as I will sell the shares in my RRSP once the share price starts rising.

The Purchase

On May 11th I purchased 39 shares at $32.15 per share. The cost of the purchase including the trading fee was $1,263.84. The shares that I hold in my RRSP account have an average cost of $38.87 so I was able to acquire these new shares much cheaper.

Income

Canadian Utilities currently pays a quarterly dividend of $0.3933 so these new shares will boost my quarterly income by $15.34. Annually my income will rise by $61.36.

Well folks what do you think of my new purchase? What do you think of my plan to move the stock into my TFSA? Please feel free to comment in the comment section.

Thanks for reading

Matthew

Special Dividend: ZCL Composites Inc

 

Hello everyone, today I am going to share with you a special dividend announcement I received from ZCL Composites Inc.

What Is ZCL Composites Inc?

ZCL Composites is North America’s largest manufacturer and supplier of environmentally friendly fiberglass reinforced plastic underground storage tanks. Our mission is to deliver peace of mind through corrosion resistant solutions that preserve and protect the environment. ZCL has two manufacturing plants in Canada, four in the US and one in The Netherlands. The Company serves the Fuel, Water & Wastewater and Oil & Gas markets.

Source: Company Website

On May 3rd when the company reported it’s first quarter results it announced a special dividend of $0.40 per share to be paid on June 15th to shareholders of record on May 31st. Now I must admit that I was not expecting to get this announcement. I say that because if they were going to payout a special dividend i thought they would have announced it with their 2017 year earnings results when they announced a dividend increase back in March. As a shareholder I am happy to receive this extra income. This is the third year in a row that the company has paid out a special dividend back in 2016 it was $0.50 per share, in 2017 it was $0.65.

Income

I currently own 227 shares so I will receive $90.80 in June which will help me set a new all time high in dividends received in a month.

 

If you own the stock I would like to say congrats on receiving the special dividend.

Thanks for reading my post everybody.

Matthew

Johnson & Johnson Dividend Increase

 

Hi everyone happy Thursday. Today I wanted to share with you a dividend increase I received at the end of April. On April 26th Johnson & Johnson announced that they are raising their dividend by 7.1%.

What is Johnson & Johnson?

Johnson & Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.

Source : Bloomberg

 

Dividend

As mentioned above the dividend is rising 7.1%, the per quarter pay out will now be $0.90 per share compared to $0.84. The new dividend will begin on June 12th this year.

Income

I bought my first shares of Johnson & Johnson this year, and I currently own 16 shares. With the rise of the dividend my income will increase $3.84 USD or $4.94 CDN.

This is the first of hopefully many dividend increases I will receive from this excellent company.

 

Congrats to all of the other shareholders who received this raise.

April 2018 Net Worth (+$655.76)

Hi everyone and welcome to my net worth report for April. I saw a second straight month of growth so I am quite happy with that. April was a relatively quiet month for me, only one exciting thing occurred I got hired on by the school board that I worked for. Back in November I got hired as a temp/casual worker so fast forward to April a job became available and I was able to apply for it, I went through the interview process and found out I was successful.

So what does this new job mean for me you ask? Well now I am considered a part-time employee and have 20 hours a week that are mine and mine alone. Also since I have a great boss I have been given an additional 17.5 hours per week. So now I currently work 37.5 hours per week vs 32.5. I received a raise with the new job which will help my net worth and the march towards becoming debt free. Also one last thing that I am quite excited about I can now start contributing to a pension plan which will definitely help future me.

Let’s get to the numbers shall we 🙂

	April	March	Change
Cash & Savings	$5,312.87	$3,927.48	$1,385.39
Investments	$120,214.00	$119,882.67	$331.33
Car	$14,282.00	$14,969.00	-$687.00
Liabilities	$10,854.79	$10,557.27	$297.52

Cash & Savings ( +$1,385.39)

	April	March	Change
Car Account	$911.61	$62.79	$848.82
Cash	$559.96	$316.80	$243.16
Emergency Fund	$3,841.30	$3,547.89	$293.41

I saw a nice increase in my cash & savings in April as I was able to replenish my cash in my car account. Hopefully sometime in May I will withdraw this money and put it towards my car. My cash on hand and emergency fund both saw increases to their balances as I made an effort to put more money away.

Investments (+$331.33)

	April	March	Change
Locked in RRSP	$3,948.00	$3,978.03	-$30.03
TFSA	$29,195.00	$28,504.11	$690.89
RRSP	$87,071.00	$87,400.53	-$329.53

My investments saw an increase in April but if it wasn’t for the dividends I receive $533 I would have had a loss. I do however like the growth that I received in my TFSA account, I received less than $200 in dividends in the account so I saw some real growth and hope it continues.

Car ( $14,282.00)

I currently own a 2015 Hyundai Elantra GLS and according to Canadian Black Book the value of the car is now $14,282.00. I check this every three months.

Liabilities

	April	March	Change
Credit Card	$670.86	$76.44	$594.42
Car	$10,183.93	$10,480.83	-$296.90

My liabilities actually increased in April due to some extra spending I had to make. My parents had birthday’s at the end of the month and in early May, I had to get a new sticker for the car and renew my driver’s licence and health card. I made two payments on my car loan.

Net Worth

I am hoping to get my net worth into the $130k range with my next report.

Well that is a wrap for my net worth report. How did you guys do? I hope it was positive, please let me know in the comment section.