Sunday, November 4, 2018

Neighbour Joe - November 2018 Net Worth

My apology for my disappearance in the last six months, but it has been a busy time with work and I lost focus on this blog. But now I am back and hope to be more active with my post. Here is my net worth as of today.

Asset
Chequing: $335
TFSA Investment: $72,228
Real Estate: $224,000 (Purchase Price of my house)
Define Benefit Work Pension (Current Transfer Value): ~$153,000 (Last checked in Jul 2017,aprox $1000 a month of contribution)

*Automobile is not included (No monthly car payment)

Liabilities
Mortgage: $125,087

*Credit Card is paid in full every month

Last Net Worth Update: $310,745
Current Net Worth: $323,347 (+4%)


My net worth went up since I last posted not because I any exceptional return from my investment. It was mostly due to aggressive mortgage payment as well as putting money from my month pay into my TFSA. The key is to be discipline with your spending and aim to money aside each month towards building your wealth.

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