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.