Time for another monthly Net Worth update.
TFSA Investment: $91,285.85 (Market Value)
RESP: $2,039.45 (Market Value)
*Real Estate: $224,000 (Purchase Price of my house)
**Define Benefit Work Pension (Transfer Value): ~$153,000 (Last checked in Jul 2017,aprox $1000 a month of contribution)
*These have not been updated since the start of this blog.
**Automobile is not included (No monthly car payment)
*Credit Card is paid in full every month
Last Net Worth Update: $347,353
Current Net Worth: $358,426.53(+3.2%)
Current Passive Income: $2,940.24/Year or $245/Month
Quite an increase this month for my net worth. A few factors contributed to this increase, a large tax return from CRA, investment performance, and aggressive savings. Also reached a small milestone this month, this is the first month since I started this journey that my liquid assets, which is all my assets minus real estate and pension, is over $100,000. My next milestone will be when my liquid assets become greater than my liabilities. These milestones are important for motivation and momentum purpose.