In Budget Roundups, Money

February 2020: The Net Worth

Sherry’s February 2020 Net Worth

Or an increase of…
+$18,936.14 or +1.90%

This is how I invest half of money in the stock market and the other half is split between alternate lending (Lending Loop review here), and mostly in dividends (here is my dividend short list of stocks I was looking at to buy for Canada and the U.S.)

The Net Worth Breakdown in Detail

Only $31K left to go to hit $1M net worth!

I am thisclose. I can taste it.

Even with the markets taking a nosedive at the end of February, I am hoping I can still stay afloat and increase with huge injections of income to continue the trend upward.

Next month I will be making more money and trying to hit $30,000 in income or more.

Liquid Assets > Fixed Assets

Just keep plowing money into investments. I do need to calm down and keep a bigger cash buffer (I raided it last month and threw $60,000 into investing).

How my net worth breaks down

Cash = $21,176.05

I dumped even more cash into the market. I actually dipped into my normal freelancer’s $100K emergency fund to do this which means I need to calm the F down for the rest of this contract, at least until the summer. I will do another big cash infusion if I get extended to the end of the year.

If you are interested, my money is parked here:

  • LBC Digital: Excellent 3.3% high interest savings account; subject to change
  • EQ Bank: Good, general 2.45% high interest savings account; subject to change
  • Tangerine: Use my Orange key { 32726976S1 } for free money ($50 once you deposit $100; and I get $50 too)

…cashback sites and cash-earning sites for surveys:

  • Rakuten – I use this site ALL THE TIME when I shop online, and thus far have racked up $750 in cashback in 3 months. Use referral link here [ ] for a free $10 to get started.
  • Swagbucks: Use my referral link to get 300 Swagbucks but only once you earn another 300 Swagbucks doing surveys etc within the first month. You need only 750 swagbucks to redeem it for $10 from Paypal. I made about $60 a month on average clicking on surveys while on conference calls, etc.

Investments = $529,978.64

My wish from January came true — this went up above $500K, because I put $60K into the market from my cash reserves.

My goal is to make this be $1M and then I will be truly accomplished – house paid, car paid, $1M investments.

I have a few more years to reach this goal, which is more of a challenge than anything because I could stop working now and be okay.. and still retire with more than a few million by the time I am 60.

It is invested here:

Home = $304,250

I put the municipal value which actually undervalues it by quite a bit.

If I wanted to pad my net worth, or to make it “realistic”, I would put market value which right now is around $750K – $800K for the home, and my half would be $375K – $400K if we wanted to sell it.

I do however, wish the municipal wouldn’t be so high. I don’t plan on selling it, so I just want to really pay less taxes in the meantime. Even so, I have been checking market value around my area, and this is easily $450K on my end. I am keeping it undervalued because… I am living in here, not selling it.

Car = $113,932.73

I put the Kelley Blue Book value. It’s a depreciating asset, and I know it. I love driving it anyway, I paid it in full, and I plan on keeping it until it DIES.

So.. 30 years? LOL Never? I will take good care of it to make sure it continues to stay as-is forever.

My net worth from the past 12 months:

I make a decent income and I do save it because:

You aren’t rich unless you have money IN THE BANK.

I may be expensive, but I want it all – I want to save big stacks of money and I want to spend it to make myself happy too.

These jumps you see, they are just from the fact that I work. When my net worth graph plateaus or drops, it USUALLY means I quit working.

My savings rate is about 87% this month. My side income was pretty good, but it is more that I have a drive to hit $1M so this is the only reason why now, rather than in recent years, I have ramped up on my savings to make it.

I love a good challenge especially when it is against myself.

Little Bun’s January 2020 Net Worth
Or a decrease of…
-$4069.99 or -11.64%

Poor Little Bun’s Net Worth took a beating with the drop in the market… and he doesn’t have a killer income like I do, so it all disappeared.

The key is to….





I invest for Little Bun and this is how I invest his money in the stock market.

Here is a list of personal finance books you might want to get started with, and about the same set for us Canadians.

Little Bun’s investments are located here:

In the past 12 months, he has really gone up in his net worth overall, so I am very happy:

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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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