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:

  • Networth Update: April 1, 2013 Another month has flown by! Here is our network as of April 1st.  To the left you will see the details and to the right, the updated bar graph. I've included a blurb about the mortgage and the escape below that … Read More
  • Our Homes ValueJordan and I got some great news this weekend! As part of our research for an investment property, we contacted our mortgage broker from our first home purchase.  She did some market research on our current property, an… Read More
  • Networth: July 1, 2013 I feel like I have a bit of catching up to do.  I'm going to start with our networth.  We've gone down from $23K to $18K over the last month.  This is because we have paid some of the bills related to our big … Read More
  • January 1, 2014 - Networthand so it begins, a new year of Networth posts, goals, updates, spending reports and the personal finances in all of life's moments - both large and small.   Like many of my other blogging peers, the first few weeks in J… Read More
  • Networth UpdateWhat?! Yeah!  My student loan payments went through yesterday, and it pushed my networth to POSITIVE $596 That's amazing!!… 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

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