Net Worth Update

As of February 1st, my net worth was $109 990 (up 1% from $108 935). If I exclude house-related assets and liabilities, my net worth was $72 528 (up 1.1% from $71 722). A more modest risethis month, as the markets have coller down a little.

Assets ($172 640, down 0.1% from $172 843)

• Bank Accounts $4 312 (down 36% from $6 761)
• Emergency Funds $2 255 (up 0.1% from $2 252)
• RRSP Accounts $47 773 (up 5.7% from $45 200)
• Non-Registered Investments $21 597 (down 0.5% from $21 708)
• Home $96 330 (stable)

Liabilities ($62 650, down 2% from $ 63 908)

• Credit Cards $3 482 (down 22.2% from $4 477)
• Mortgage $58 868 (down 0.4% from $59 117)
• Line of Credit $0 (stable)

Ratios

• Debt / assets: 0.363 (down from 0.370)
• House value / total assets: 0.558 (up from 0.557)

Less cash in in the bank account and lower credit card debt this month, as I paid off my credit cards for the Holliday shopping. I also made a lump transfer of $2 000 to my self-directed RRSP, and I plan on doing another transfer in February. The first municipal taxes tax payment is also programmed for February, so available cash may be tight at the end of the month. I may end up dipping into my emergency fund, but will put back the money into it within two months if I do.