Net Worth Update

As of August 1st, my net worth is $74 315 (up 3.1% from $72 069). If I exclude house-related assets and liabilities, my net worth is $50 791 (up 4.3% from $48 713). This is another good month, although to be honest a good part of the increase was due to the fact that this was a month with three pay-days. The car repairs are still to come, as are the home renovations. Those expenses will probably show up only in September's update.

Assets ($145 874, up 1.6% from $143 608)

• Bank Accounts $5 114 (up 2.5% from $4 989)
• Emergency Funds $2 810 (up 8% from $2 600)
• RRSP Accounts $36 140 (down slightly from $36 149)
• Non-Registered Investments $9 825 (up 15% from $8 553)
• Home $86 100 (stable)
• Arbitrage $5 000 (stable)

Liabilities ($71 539, stable)

• Credit Cards $3 974 (up 14% from $3 474)
• Student Loan $635 (down 29% from $894)
• Mortgage $55 824 (down 0.2% from $55 941)
• Heat Pump Loan $6 751 (down 0.7% from $6 803)
• Arbitrage $4 131 (down 2.1% from $4 219)

Increase in credit card debt completely balanced other debt payments this month, which resulted in stable liabilities. However, since I don't carry any interest-bearing balance, this will go down next month. My cash reserve was again higher, in advance of the expenses for the car repairs and home renovations. On the other hand, my RRSPs were stable despite adding money to them, but my non-registered investments performed well, so that's a wash!