Hello everyone and welcome to my September net worth post. Above is a picture of a beach why did I chose that picture? Well I chose it because when I retire (hopefully) I want to spend a lot of time on a beach relaxing, so I kind of use it for motivation to push me to become better with my finances.
My last net worth post was for June, back in August I took a break from blogging and missed July so this post will cover July and August. Looking back over the last couple of months not a lot has happened. The only big thing was in August I bought an iPhone that was expensive but I had saved for it and didn’t go into debt to purchase it. I have slowed putting money away to make lump sum payments on my car, hopefully in September I can start putting money away again to pay off the car. My investments continue to rise along with the market. Since I have so much of my net worth tied up in the market I am always happy to see it go higher, however I do realize at some point the market will go down which will affect my numbers.
Let’s get to the numbers shall we!
|Cash & Savings||$5,961.09||$5,510.52||$450.57|
Cash & Savings (+$450.57)
My cash increased slightly over the last couple months as I mentioned above I had one big expense in August I purchased a new cellphone. About the middle of July I started saving for it so I stopped setting aside money in my car account and emergency fund. In September I expect to resume putting aside some money to help pay off my car.
|Locked in RRSP||$4,815.78||$4,641.42||$174.36|
Nothing really new to report here other than my portfolio continues to grow alongside the market. At the end of August I made a big contribution to my TFSA account so I could buy a stock in September so helped the growth for the account.
I currently own a 2015 Hyundai Elantra GLS and according to Canadian Black Book the value of the car is now $13,907.00. I check this every three months.
I continue to pay off my car debt my making a payment every two weeks, slowly but surely I will pay off this debt. I also pay my credit card bills every two weeks so that is why it is a low amount.
That’s a wrap folks thank you for reading.