Networth Update

I am a little late in the game, but I wanted to share what my network is sitting at.  I'm pleased that I've finally broken through the $10,000 threshold!

Details:

• Assumes my car has a value of $2000
• Cash includes: clothing fund, vehicle fund, Christmas fund, emergency fund and travel fund
• Actual value of the shares I have -is in the shares category. 
• Payroll deductions which will be used to buy shares is in 'other assets' - so I can keep it separate from cash. 
• Money we have allotted for a down payment for a house and put it in the home category 

Bi-Weekly Budget &

Here's my budget for the next couple of weeks.  I've increased my travel amount slightly because now that the snow is off the ground, we're bound to be out and about more often.  I've also managed to squeeze an additional $200 student loan payment.

This pay, I'm putting 33.66% of my income to debt.  Not too shabby.

After the payments clear, it will bring my Alberta Student Loan down to $3,985.85.

Questions/Comments?

utilities and settling up

Utilities

Bills, do they every take a month off?

Shaw is $101.73

Enmax is $133.73

Total is $235.46 - total for each of the four of us is $58.87.  Why so super cheap?  Do you remember a while back I told you that enmax over charged us for electricity usage?  Well, we caught up to ourselves this month and that portion of the bill was only about $2.

Settling Up

Now that the bills are in, it's time to settle up with our roommate who recently left.  

Damange Deposit $500

Damage                     0

Bills                   (58.87)

New Key          (10.00)   he lost his....

Parking              (25.00)  his car is broken down in our parking spot.  we're charging him $25/week                   until he moves it

Total Refund $406.13

Happy Monday!

I hope you all had a fabulous weekend.

Unfortunately, we didn't sell the car or rent out the room.  We've gotten a few bites, but haven't been able to real them in.  It did feel like a really busy weekend though.

On Saturday we drove a few hours to the Hot Springs and hung out in a tourist spot with some friends for the day.  It was rainy in the morning which made it perfect spring Hot Springs weather.  Sunday we spent some time with my best friend and her family.  She's gone travelling for two months to Indonesia and it was her going away party.

I helped her set up a travel blog, so hopefully that goes well.

How was your weekend?

Jordan Got a Raise!

I am so proud of him!

He started working at the company he works for almost a full two years ago, and yesterday he had his first performance and salary review.  Thankfully, he had recently completed his first year apprenticeship and passed with flying colours - which resulted in an awesome review.

Jordan's raise was 9.375%!

His salary went from $38,400 to $42,000!  His manager had first offered $40,800 and after a conversation about expectations and the work that Jordan has done on top of the money he's saved his company - he negotiated up to $42,000 which was exactly what he wanted!

What does that mean?  It's.

$3,600 more annually

$300 more a month

$138.46 a pay day

$1.73 an hour

So, all of those numbers are before tax - I want to know what the raise will actually net him.

After a little spreadsheet math, and using the CRA's payroll deduction calculator. 

I estimate that Jordan will have an extra $100 every pay day.

What he does with the extra money - is totally up to him.  I have (of course) made a few suggestions.  There's two things, one I'd love to see him do.  

One: Increase his RRSP contributions from $25/pay day to $50/pay. 

Two: I'd love for him to have an emergency/travel/planned spending whatever fund.  

                      Just a spot to put money - for him - for later.

Jordan's Bi-Weekly Budget

Here it is folks, the first of Jordan's bi-weekly budgets that has no truck payment!!

For the next couple of weeks he'll likely have Visa payments of $150-$200 to have that cleared off - and then he's set.  We're both looking forward to having a bit more flexibility week-to-week.

this & that

Happy Tuesday All!

I woke up this morning and thought, for a moment, that it was Monday - and I was a little sad.   That was probably because we helped move a friend yesterday - and I'm tuckered out!  He's moving in with his girlfriend (who happens to live in our neighborhood).  It's pretty great to have a couple of friends close by.  It did have me reflecting when Jordan moved in a few years ago - it seems like forever now.

I've gotten a few responses from our roommate add - though nothing for the car yet.  I think I'm going to have to pay a bit more for the add to have it appear on the first page.  It costs about $25 - so I'm not sure if it's worth it just yet.

One of my dearest friends is moving from BC to Alberta - and she got into town last night.  I'm so happy.  In a couple of months she'll have settled in and we'll be having all sorts of fun this summer (Hurrah!).  She is a champion though - to minimize costs she has been sending boxes of things with friends who happen to be making the same drive, sending things on the greyhound (that are light in weight) and of course - making the driver herself.

Time to get to work - have a great day!