Net Worth Update

As of March 1st, my net worth was $111 420 (up 1.3% from $109 990). If I exclude house-related assets and liabilities, my net worth was $73 707 (up 2.8% from $72 528). I was a bit suprise by this, as I had since big cash items this month (municipal taxes and car repairs), but the markets was generous to me in February. Still, I was a bit tight on liquidities at the end of the month. Nothing dramatic, and I didn't have to dip in too much on the emergency funds for those last-minute RRSP contributions. Still, I'll have to rebuild it a bit in the next couple of months.

Assets ($174 853, up 1.3% from $172 640)

• Bank Accounts $2 428 (down 44% from $4 312)
• Emergency Funds $1 256 (down 44% from $2 255)
• RRSP Accounts $51 654 (up 8.1% from $47 773)
• Non-Registered Investments $22 627 (up 4.8% from $21 597)
• Home $96 330 (stable)

Liabilities ($63 433, up 1.25% from $62 650)

• Credit Cards $4 518 (up 30% from $3 482)
• Mortgage $58 618 (down 0.4% from $58 868)
• Line of Credit $0 (stable)

Ratios

• Debt / assets: 0.363 (unchanged)
• House value / total assets: 0.551 (down from 0.558)

The car repairs were put on a no-interest 12-month payment plan, which explains the rise of credit card debt. As I mentioned, I dipped a bit ($1 000) into my emergency fund to transfer money (another $2 000, same as I did in January) to my RRSP before the end of the season. This should guarantee me a small tax return come April. Overall things are going well.

Work-wise, I am on a new contract, with more limited connectivity to the outside world. So any blogging I do has to be from home, in the evening. And I usually don't have as much drive to spend time on the computer during the evenings after spending the whole day in front of one. But I'll try to keep it up. :o)