I saw my wealth shrink by $6500 this month. This is so exciting! If I wasn’t working 2 jobs I probably would have lost $10,000 this month. This shows me how fickle the economy can be sometimes, and how necessary my job is to me, and how far I still need to go to reach financial independence. The TSX… Read More »
“How much income do teachers make?” “He’s a book keeper? I wonder if his income can support his family.” Sometimes we assume a person’s income level based on their line of work. But this mindset is dangerous and can limit our earnings potential. Because if we accept the idea that our jobs dictate our incomes, then our motivation… Read More »
*Dividend Income: Discount Brokerage = $200 *Discretionary Spending: Eating Out = $100 Others = $400 *Net Worth: Assets: Cash = $3,200 (-$1,500 MoM) Stocks = $71,800 (+$600 MoM) Home = $243,000 Liabilities: Mortgage = $209,800 (-$300 MoM) LOC Balance = $1,000 (-$500 MoM) Other Loans = $18,700 (*1,900 MoM) Total Net Worth = $88,500 ( +2.08% MoM) First… Read More »
Vacation for last 2 weeks. Now, back to business. *Dividend Income: Discount Brokerage = $300 *Discretionary Spending: Eating Out = $100 Others = $200 *Net Worth: Assets: Cash = $4,700 (-$1,400 MoM) Stocks = $71,200 (+$3,000 MoM) Home = $243,000 Liabilities: Mortgage = $210,100 (-$300 MoM) LOC Balance = $1,500 (-$2,500 MoM) Other Loans = $20,600 (+$4,100) Total Net… Read More »
*Dividend Income: Discount Brokerage = $200 Discretionary Spending: Eating Out = $200 Others = $1100 *Net Worth: Assets: Cash = $6,100 ( +$1,600 MoM) Stocks = $68,200 ( +$20,100 MoM) Home = $243,000 Liabilities: Mortgage = $210,400 (-300 MoM) LOC Balance = $4,000 Other Loans = $16,500 Total Net Worth = $86,400 ( +1.77% MoM) Big month for… Read More »
*Dividends: Discount Brokerage = $100 Discretionary Spending: Eating Out = $50 Others = $90 *Net Worth: Assets: Cash = $4,500 ( -$3,100 MoM) Stocks = $48,100 ( +$4100 MoM) Home = $243,000 Liabilities: Mortgage = $210,700 (-300 MoM) LOC Balance = $0 Total Net Worth = $84,900 ( +1.56% MoM) I put some more money into the stock… Read More »