In Budget Roundups, Money

July 2019: The Net Worth and Investments

Sherry’s July 2019 Net Worth

$839,435.77
Or a decrease of…
– $11,378.09 or – 1.36%

I went down pretty much exactly the amount I expected.

I spent about $3000 last month in expenses , generated about $1100 in income, and then had a charitable contribution of $10,000 to go towards planting trees and restoring the planet.

Money well spent, I shall say.

I am hoping all the future months will have a lower decrease in net worth because I’ll be really monitoring my spending (am committed to secondhand, no more retail purchases), as well as my eating out / treats going way down, now that I am back home and not hanging with my friends.

Overall, I am still in a better place than a year ago which is about $676,000. As long as the net results are great and going UP, I am happy.

 

If you are interested, my money is parked here:


  • EQ Bank: Good, general 2.3% 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)

…credit card extra rewards cashback savings here:

  • PayTM Canada and PayTM USA is also how I pay my municipal taxes, utility bills and so on with my CREDIT CARD (yes!! TO GET CASH BACK) plus I earn PayTM points for Amazon, Starbucks gift cards etc… Use my referral code [ PTM210713 ] for a free bonus 5000 points ($5 gift card)

…and invested here:

Little Bun’s July 2019 Net Worth
$31,495.25
Or an increase of…
+$2583.85 or +8.94%

Little Bun has been crushing it. I love how he has a net worth of $30,000 and he isn’t even 6 yet.

This is how I invest his money in the stock market.

A year ago he was at $28,600 .. which was up and down and up and down, but it just shot up to $31,500 last month.

DIVIDENDS FOR THE PREVIOUS MONTH

$711.56

My dividends are going well as well. I have been plowing money into a few stocks but limiting the exposure to $10,000 each.

I only list what was there the last month because the dividend statement comes out later in the following month, so I don’t have the details until a month and a half later.

I am working on a $12,000 dividend passive annual income.

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Sherry of Save. Spend. Splurge.

Millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. Since then, I have paid my $600K home in cash (my half was $300K), my $180K casr in cash, 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 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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2 Comments

  1. Sam

    Do you include an amount to capture your CPP contributions in your retirement amount?

    Reply
    1. Sherry of Save. Spend. Splurge.

      I do not contribute to CPP. I don’t take a salary, I take dividends from my company – less HR paperwork.

      Reply

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