Fiscal update for Nov 2010.
Fiscal prudence is paramount when building up wealth.
Net Worth:
- Assets:
- Cash = $8,200
- Stocks = $31,900
- Home = $237,000
- Liabilities:
- Mortgage = $212,600
- Line of Credit = $4,100
Total Net Worth = $60,400* ( + 3.57% MoM)
Bought bus tickets totaling $157. These should last me for another six months at least. I count transit tickets as expenses when I buy them, not when I use them, because I don’t buy monthly passes since I drive most of the time. Transit actually increased the price of the 10 packs, but not the individual tickets, so now you’re not getting that good of a discount when you buy the 10 packs anymore. I’m not too happy with this change. Other expenses include eating out, and obtaining a credit report. Bought some Canadian common stocks too. Looking forward to the banks raising dividends in the next quarter, hopefully.
*All numbers rounded to the nearest $100.
