Hi everyone and welcome to my August net worth post. Last month was pretty quiet for me the complete opposite from June. Nothing to exciting to report.
Cash & Savings ($7,625.62) + $415.36
A negative month for my cash this month only because it wasn’t a pay day when the month changed over. This month I earned a big nine cents in interest in my emergency account.
I was able to increase my savings in EQ Bank by 32% this month due to getting paid three times. It felt good to be able to put a little extra away. Soon I will hit my goal for my travel fund which will be exciting.
I earned $7.32 in interest with EQ Bank for the month. On a sad note EQ Bank announced in early August that they will be reducing their interest rate to 1.70% down from 2% which is disappointing but still higher than what the big banks pay.
Investments ($180,765.51) + $3,381.05
I seen growth in all of my accounts which makes me very happy. I received a record amount of dividends in the month ($870) which definitely helped the portfolio increase in value. My TFSA account is slowly recovering from the stock market declines of March, it is currently down 14%.
I own a 2020 Hyundai Kona which I bought in June. I plan on updating this annually.
Liabilities ($29,505.77) – $703.48
Car ($23,355.77) – $353.48
Loan ($6,150) – $350
It was another successful month financially for me, my net worth at the end of the month stood at $182,885.36 a gain of 2.5%
Thanks for reading!