April 2018 Net Worth (+$655.76)

April Net WorthHi 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.

 

April Net Worth1

 

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6 thoughts on “April 2018 Net Worth (+$655.76)

    1. Thanks 😀 I want to say yes about the pension but not 100% sure. I am waiting for the pension plan to send me my paperwork. The plan is OMERS which I hear is outstanding.

      Like

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