In Budget Roundups, Money

2018 Final Year End Budget Roundup



As you all know, I use my beloved The Budgeting Tool to track all of this, I have been using it since 2006 & all the net proceeds go to charity.

You can read more about it here.


I have been doing this since about 2006 (when I was $60,000 of debt from student loans), and it has helped me clear that debt in 18 months.

Now, it’s my wealth builder.


I created The Investing Tool to track all of this.

I have laid out my entire (general) investing plan for myself and Little Bun here with exact funds to buy and in what amounts for both Canadians and Americans (YES I WROTE TWO VERSIONS. I AM INSANE) —– Like a Boss Investing: How I spend only 4 hours a year on my investments.








Increase of +$166,648.07


  • In my 2017 Year End Budget Recap, I said: “2018, I plan on increasing my net worth by at least another $75,000. Will I hit $675,000? We shall see.” .. and I more than doubled that goal, by increasing my net worth by $160,000. I was hoping for $150,000 as my secret goal, and/or hitting $800,000 as my net worth…
  • Am I happy? Well…. while I met my goal of increasing my savings over $150,000 my net worth was quite far off from my $800,000 goal. So I would say MODERATELY happy is true. I couldn’t control my net worth due to the stock market, but I take full responsibility for not having been careful with my expenses and kind of going off the deep end in shopping. So that doesn’t help.
  • I worked the whole year, non-stop, not a single day of vacation taken. I even worked full-time WHILE ON VACATION. Srsly.
  • In November 2018, I was seven thousand off from $800,000 but then…
  • … the stock market started nosediving and even with a $20,000 income for December, my net worth went down even past that, dropping an additional $20,000 for a total loss of $40,000 on paper
  • My plan for 2019, is to reach $900,000 as my net worth, assuming of course the stock market doesn’t plummet to 2008 levels (time to go shopping for stocks!) and I continue to work for the entire year (debatable, because as of this writing, I just quit my job)


Since recording on this blog only:


Since I started tracking my money with the Budgeting Tool and using it to clear my $60,000 of debt in 18 months… we are going WAY BACK in time with this!

I only put in data points every 6 months because I could not build a graph with all of the data.

You can see that my $60,000 debt looks like a tiny blip compared to how far I have come.

The jagged spikes, and dips.. they all represent my life in numbers.

Spikes = Working and Saving

Dips = Not working

As long as the trajectory is up, I think this is fantastic.


Read: What is a PF score?

The more I save, even though I spend about the same amount or just a bit more, my PF score goes up.

I spent about the same amount in 2018 as I did in 2017, but my PF went up because the jump in my net worth more than compensated for that.

If I dropped my expenses down to $30,000 a year (LOL)… my PF score would be 25, almost double.

But that is not realistic.



Increase of +$6711.03 or 40%






  • We don’t actually give him money to save, he is saving his own money for his own future…..
  • We don’t take or use any of the money to pay for his expenses – food, clothing, daycare, even though I know it is meant for that. It is his money, and we pay the taxes on it as well
  • Out of that, I put in at least $2500 into his RESP every year to get the maximum match (what is an RESP?)



(all reinvested back into buying more stock)

You can read a bit on what dividend investing is all about here.

The goal is to get some money coming in but for it not to be my main income because you can’t rely on dividends completely.

My dividends earnings over the years

That’s pretty much it.

The goal is $12,000 a year, so double this.


Calling for a Scarcity Mindset!!!

I need to train my stupid hamster brain to stop thinking I have money to spend.

To help this along, I have split my net worth into fixed assets and liquid.

Once I see that I pretty much have half my net worth in FIXED assets, the liquid part looks far smaller, and not as impressive.

I LOVE THIS because the less impressive it is, the more scared I get that I’ll end up eating pet food out of tin cans upon my retirement.

Need to take a break from everything

Career and spending, mostly, needs a break.

I am feeling like I am being stretched too thin at work, and that vicious cycle means that I spend to relieve the stress and pain of it, and this all can stop if I just have enough money to (forever), securely say: You can take this job and stuff it…..

But the kicker is I LOVE MY JOB.

I just hate it when I do such a great job, and because I make it look so effortless they think I am not doing anything and I am not busy, so they pile more stuff on top of me, or have me make up the work of other people by “helping” them with their work load, or training them.

These clients sometimes have NO SENSE of the work it takes to ‘help’ someone.

I basically have to see what they do, re-read everything they have read, get it in my brain, then sort it out, and essentially, DO THE WORK ITSELF before I can help them.

I cannot just look at it and say — oh yeah you went wrong here — I don’t know what they did! I don’t know the context! I don’t know what was given to them! This isn’t something I can jump into and instantly know like some genius that it was wrong.

This sounds so incredibly inefficient and it really is.

It is like I am doing their job to help them, and then my own job as well on the side because helping them should be sooooooooo easy and not take up my time.

Listen…. my new motto for this year is:

This year I am going to tell more people to F#@! off

This, is a recurring theme everywhere I go.

I feel like I should be more incompetent. I should make a lot more mistakes and then spend time fixing my own mistakes instead of others.

But I can’t do that. I literally cannot make a mistake because I feel a great sense of pride when I get it right.


I don’t know where this year is going, but it won’t be spent on doing things at work I don’t enjoy. I’ll pretty much do all the grunt work that comes with my job, but I am not going to do three jobs and get paid for one.


I would like to actually build another income stream

So far, I have blogging at about $12,000 a year, dividends at about $4000 a year (and climbing), and I would like to think of a third and real income.

What could it be? I don’t know. I need to think of something.

We are considering moving abroad….

Oh yeah, and the big plan is that in the next 3 to 5 years or so, my partner and I are discussing moving abroad, specifically to France to some part of the country where the weather is nice, cost of living is low, and where we will be happy.

Who knows if it will happen, but it is something my partner really wants to do for a year or two, and I’m willing to give it a shot.

It won’t be for 2019 but we have to plan for it.

How about you? What are your plans for 2019?

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Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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  1. SarahN

    You quit your job? I note the stress, but I thought the people on the whole were nice and it was well located. I am keen to know what made you throw it in.

    I didn’t realise you were still working full time, remotely, when you were with your partner’s family overseas.

    Meanwhile, my contract is til Mid April and I’ve booked a 5 week Euro trip so even if I’m extended, or find a new job, I have a hard break.

    1. Sherry of Save. Spend. Splurge.

      Yes it happened recently in my upcoming WOM … actually. 🙂 What made me snap was overloading me. I am a great worker and consultant, but I have limits.

  2. Kemi

    I’ve been looking forward to your roundup, I like both the overview and detail that you give in the roundups. It has inspired me in past years to do my own roundups. I just wanted thank you for the work that you put into this.

    1. Sherry of Save. Spend. Splurge.

      You are welcome , and thank you for letting me know. It makes it all worth while, the time I put into it!


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