In Budget Roundups, Money

June 2019: The Net Worth and Investments

 

Sherry’s July 2019 Net Worth

$850,813.86
Or an increase of…
+$3833.64 or +0.45%

The thing about having a fantastic net worth, is that any increase is very little (below 1%) even though it is a few thousand… Not complaining, but you don’t get fantastic gains like 20%

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:

My past year has been pretty good, it looks like this:

It means that I went from $676K and some change to $850 and some change. This is not bad at all.

From even the beginning of this entire journey, it is even more impressive, and I am very very proud of what I have accomplished.

I am spendy, but I am a careful kind of spendy. With the kind of money I make, if I was not careful, I would be blowing tens of thousands of dollars on shopping, but I am really trying to rein it in.

It is a little tricky to see because it is a massive chart, but basically I started budgeting (see that little blip), then I quit my job and freelanced (first peak), then all the sharp peaks you see going uphill, are ALL when I work and plow money into savings.

All my climbs up each net worth hill, is all because I work, and I save. I work and I save. Then you see plateau’s where I don’t work, and I just sort of muddle around, then peak again as I take on another contract.

This is what I look at when I stress or fret about spending too much money enjoying myself.

Money is meant to be enjoyed.

I really don’t want money to be an issue in the sense where I am always worried about it. I want to enjoy and love spending it and be happy I am saving enough that I can do it so freely.

Little Bun’s July 2019 Net Worth
$28,911.40
Or an increase of…
+$886.31 or +3.05%

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

DIVIDENDS FOR THE PREVIOUS MONTH

$370.66

I am focused on buying more dividend-paying stocks, but need to diversify outside of the banks I have been looking at.

This is also a task for this summer when I am back, when Little Bun and my partner are both in school, I will sit down and concentrate on reading and reviewing all the dividend stocks I want to buy and making sure I diversify outside of banking and energy (banking is TOO easy).

THIS IS HAPPENING THIS SUMMER.

SUMMER OF MONEY!

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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 TheBudgetingTool.com. 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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3 Comments

  1. Maria

    I’m never sure about how you consider your car sometimes it looks it was under investment or business, now home.., have you changed your mind about it or did you consider you could sell it for a possible emergency? (I doubt you would:)

    Reply
    1. Sherry of Save. Spend. Splurge.

      I am flip flopping to be honest. I don’t know if it is under business or home or emergency fund..

      I COULD sell it in an emergency, which is why I am putting it under an EF but then I think — wait it’s an asset…

      Very confusing for me. And I am trying to list the proper Kelly Blue Book price rather than what i paid for it, because it has obviously decreased in value..

      Reply

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