2/02/2014

February Networth Update

Wow!

Our net worth shot up from $77,804 to $88,068 in the last month!  A big piece of that came from my educational reimbursement ($1,900) and Jordan's dental reimbursement ($2,700).  Of course it also went up because of our regular debt repayments and regular savings as well as the increase in value of our investments (share, pension, rrsp).

There is a small balance on our Amex that we'll pay off next week, our Escape is down to $12,800 and the LOC is down to $24,400 - combined there's $37, 200 - which I could combine onto the LOC which has a lower interest rate.

I'm really torn - because the interest is 1.41% lower - but the LOC is tied to prime which could go up at anytime.

I update my tracking bars more regularly then I post these but I thought I would share where we're at with our planning spending goals - I suppose the emergency and baby fund aren't exactly planned spending - but they aren't us unaccessible as the RRSPs/Pension/Shares (which I'm not showing here).

We're coming along on paying off our debt - here's a snapshot of where we are at.

Related Posts:

  • Net-worth & Debt Update Bam! We did it! We've broken the $100,000 net-worth barrier!  As of July 31st we're sitting at a sweet, sweet $102(+). We've been tracking net-worth for the last 19 months...and it's incredible to see how far we hav… Read More
  • October Networth UpdateOctober has been a very good month for our networth! We were reimbursed for Jordan's dental surgery, received just over $600 for contents insurance from our hail damage claim, Jordan's increased commissions scale have been r… Read More
  • June 1st NetworthJune 1st we came so so so close to breaking through the $100,00K networth mark - but we're not quite there.  We were up to $99,623.31 and climbing.  Just the way my spreadsheets are set up; it would be more work tha… Read More
  • July 1st Networth Updateguh! So...today, I was going to tell you how Jordan and I broke through the $100,000 Networth barrier!  Wow! but...we didn't. Our networth actually went down. So what happened? Our Tangerine Funds went down slight… Read More
  • Networth Update - October 1Well, here we are - nothing like a networth post to get back into the habit of writing. You can see a steady increase from the image to the left. Now sitting at just about $107K - we have  $53, 215 in debt - including … Read More

2 comments:

  1. You should really start to see the amount of principal paid each month on the Escape go up now!

    ReplyDelete
  2. Great job on the NW increase!

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Links ♥

Followers