Net Worth Update

As of September 1st, my net worth is $75 601 (up 1.7% from $74 315). If I exclude house-related assets and liabilities, my net worth is $51 908 (up 2.2% from $50 791. A very good month, considering that we replaced the water heater this month, and that this expense was paid from my own cash flow (through my credit card) without any new financing. I had to pay for some unexpected urgent car repairs (not the ones I am planning to get done, those are still to come), but that too came from current cash flow (no financing).

Assets ($142 741, down 2.2% from $145 874)

• Bank Accounts $5 380 (up 5.2% from $5 114)
• Emergency Funds $2 720 (down 3.2% from $2 810)
• RRSP Accounts $37 800 (up 4.6% from $36 140)
• Non-Registered Investments $10 482 (up 6.7% from $9 825)
• Home $86 100 (stable)
• Arbitrage $0 (down 100% from $5 000)

Liabilities ($67 140, down 6.2% from $71 539)

• Credit Cards $4 108 (up 3.4% from $3 974)
• Student Loan $375 (down 41% from $635)
• Mortgage $55 706 (down 0.2% from $55 824)
• Heat Pump Loan $6 701 (down 0.7% from $6 751)
• Arbitrage $0 (down 100% from $4 131)

Both my assets and liabilities went down significantly this month, because of the end of my arbitrage experiment. A slight increase in credit card debt because of the car repairs and replacement of the water heater (I'm still paying down my credit cards completely every month, so no interest is paid on that debt). Kept adding money to my non-refistered investments, taking advantage of the down markets.