Photo by Jamie Street on Unsplash
Happy New Year, hopefully, you had a wonderful 2019. Here is my first net worth update for 2020.
Asset
Chequing: $271.34
TFSA Investment: $105,801.22(Market Value)
RESP: $4,311.772 (Market Value)
Real Estate: $224,000 (Purchase Price of my house)
Real Estate Rental Property: $200,000 (Purchase Price of the house)
Define Benefit Work Pension (Transfer Value): ~$278,000(Last checked in December 2019)
*Automobile is not included (No monthly car payment)
Liabilities
Mortgage: $118,640
Rental Mortgage: $194,949
*Credit Card is paid in full every month
Current Net Worth: $498,741.33
Passive Income
TFSA Passive Income: $3,774.92/Year or $312.08/Month
The biggest change here is my Work Pension value, I recently checked my transfer value and it has increased significantly, almost double from the last time I checked.
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