gworth

Graphical update - August 20th, 2010.

August 20th, 2010 - Net Worth Statement

Spent decent amount of money on the puppy. Still managed to pay down debt and put more away for retirement. Computer is on the fritz and may need to divert some funds to a replacement in last week of August.

Graphical update.

August 06, 2010 Net Worth Statement

Today was pay day for both of us and mortgage payment day. So this is a pretty clear picture of where we sit right now.

I believe we would have made a pretty good sized dent in our line of credit; however, we finally got a puppy! Her name is Keely Bavaria and we have spent probably around $1,700 total to get her and get everything we need to have her.

I have posted a picture.

Our mortgage interest rate has also increased by 0.25% which may seem small. But in reality it has tacked an extra year or two to the amortization period and decreased the interest savings we are projecting by $12,000. We pay weekly accelerated and an extra $100 each payment. This reduced our total amortization period from 25 years to 17.5. It shot up to 18.8 years after the interest rate change.

Graphs to follow.

July 30 Charts

What do these tell me this month? They tell me to hurry my ass and pay off that damn line of credit.

July 30, 2010 Net Worth Statement

Lots of gains over June 2010. This is predominantly due to retirement savings. We did not actually gain this much net worth in a month but rather finally figured out how to track down and establish the value of our pension plan contributions and employer sponsored RSP programs. I believe this came out to approximately $15,000 that wasn’t included in June or prior.

Nothing else significant other than paycheques and paying down the mortgage.

We are expecting to spend some cash on a our yard and on getting a puppy over the next month or two.

You’ll also notice that our net worth spikes every two weeks as now we are both paid bi-weekly on the same day when we used to be paid alternating.

» The Budget Geek: Money, money, money, money...

John Carlton of The Marketing Rebel Rant blog has posted one of the most profound articles on the subject of money that I have read in a long time.

In fact, there is so much wisdom in this article that I’m having a hard time finding a suitable quote for this post. I really want to share…

More interesting reading from another Tumblr blogger.

» Slowly but Surely Finance Tips: A dollar saved is (more than) a dollar earned

Here’s another common sense concept that evades a lot of people. Most of us are familiar with the popular Benjamin Franklin quote:
…
But is that the truth? Consider this:

When you spend to buy something, let’s say a $100 pair of new running shoes, you are using your after-tax earnings to…

Great article by Vincent on his Tumblr blog. Read it.

Net Worth Statement - July 23, 2010.

These are graphs of my financial situation and net worth. They are current as of July 23, 2010.

My assets (excluding real estate)
My real estate assets and liabilities (house and mortgage)
My liabilities (excluding the mortgage)
My net worth

I have been tracking these since July 2009 which is reflected in the charts.