Thursday, August 2, 2007

Net Worth Update

I haven't had time to post in July, and until August 14th I will be away on vacation.

As of July 31st, my net worth was $44 940 (up 6.4% from $42 229 on June 30th). This can be detailed between my assets and liabilities as follow.

Assets ($115 050, down 0.05% from $115 103)
  • Bank Accounts $3 483 (down 11% from $3 913)
  • Emergency Fund $5 018 (down 10% from $5 557)
  • RRSP Accounts $27 828 (up 2% from $27 277)
  • Non-Registered Investments $3 121 (up 13% from $2 756)
  • Home $75 600 (stable)
Liabilities ($71 188, down 3.3% from $72 875)
  • Credit Cards $2 813 (down 31% from $4 109)
  • Student Loan $3 642 (down 6% from $3 884)
  • Mortgage $57 098 (down 0.2% from $57 201)
  • Heat Pump Loan $7 635 (down 0.6% from $7 681)
As you can see, most of the difference is from debt payments. I would like to point out that I pay down my credit cards completely each month -- I never carry a balance. But I do have two no-interest loans on one of my credit cards, on which I make a payment every month. It slightly inflates the amount I owe on my credit cards (about $1000).

1 comment:

Camiseta Personalizada said...
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