Net Worth Update

As of June 1st, my net worth was $118 488 (down 0.5% from $119 075). If I exclude house-related assets and liabilities, my net worth was $77 920 (down 4.6% from $80 860). The main reason for the decrease is the stock market's stumble in May, although some unplanned expenses also contributed. Nothing to worry about, but I'll keep an eye on things.

Assets ($181 591, down 0.1% from $181 711)

• Bank Accounts $2 981 (down 14% from $3 483)
• Emergency Funds $2 261 (up slightly from $2 259)
• RRSP Accounts $53 375 (down 2.2% from $54 594)
• Non-Retirement Investments $24 445 (down 1.6% from $24 836)
• Home $96 330 (stable)

Liabilities ($63 103, up 0.7% from $62 635)

• Credit Cards $5 154 (up 16% from $4 456)
• Mortgage $57 862 (down 0.4% from $58 115)
• Line of Credit $0 (stable)

Ratios

• Debt / assets: 0.348 (up from 0.345)
• House value / total assets: 0.542 (up from 0.530)

The unplanned expenses (car repairs and purchase of the summer festival passes) mean that my credit cards werte higher this month. I should get back some of the money as family members for whom I purchased the passes pay me back for those.

On the non-financial side, our garden is now planted -- the first year we've been able to do so since purchasing the house 6 years ago. Part of the landscaping effort I did last year. For now the garden consists of 2 boxes (6.5' by 3.5' in size) in the back yard. We already had strawberries (I relocated some of them in one of the boxes), rasberry bushes along the patio, rhubarb and some herbs. The new garden is not a way to same money for us, it's more a way to get tasty and fresh vegetables -- nothing taste better than that!