Net Worth Update

As of December 1st, my net worth was $137 993 (up 0.9% from $136 763). If I exclude house-related assets and liabilities, my net worth was $95 888 (up 1% from $94 916). Things are slowing down for me as the end of the year arrives. A quick dip of the stock markets at the end of November had an impact there.

Assets ($197 251, up 1.46% from $194 419)

• Bank Accounts $5 754 (up 7.8% from $5 335)
• Emergency Funds $2 678 (up 4% from $2 575)
• RRSP Accounts $60 361 (up 0.5% from $60 061)
• Non-Retirement Investments $30 411 (down 0.8% from $30 643)
• Home $98 430 (stable)

Liabilities ($60 488, down 0.6% from $60 856)

• Credit Cards $3 482 (down 9.2% from $3 834)
• Mortgage $56 324 (down 0.4% from $56 583)
• Line of Credit $0 (stable)

Ratios

• Debt / assets: 0.303 (down from 0.307)
• House value / total assets: 0.498 (down from 0.499)

There has been a delay in replacing the planned windows, so this expense has not come through yet. It is not yet certain if the cheque will be cashed before the end of the year, either, so its impact may only be felt at the beginning of 2011.

Christmas shopping has also begun, so I expect a temporary rise in credit card debt. As usual, though, the balance of all my credit cards will be paid in full each month. It is simply that during the Christmas period, I spend a bit more money -- I'm not adding any long-term debt here, it is simply a question of cash-flow since almost all of my expenses go through my credit cards. I pay no interest at all, and collect the rewards.