HAPPY NEW YEAR!!
I hope you’re all bright eyed and bushy tailed, anxiously taking 2014 by the horns! Or at the very least I hope your hangover isn’t too severe and the water glass is within close reach. One of the two.
First off I have to give a massive shout out to Tackling Our Debt! Sicorra sent me an e-mail before Christmas letting me know I won one of their giveaways, and she sent me $75 in Starbucks gift cards! That was so awesome, and she totally made my
day week. I have some larger expenses coming up this month, so being able to enjoy a treat every now and then without incurring the expense is a huge boon! Thank you so much Sicorra!
We spent Christmas with The Boy’s grandparents in another province, consuming edibles in excess, while my laptop languished in a corner untouched (sorry about that). I have so many things I want to write about, but I can’t really jump into 2014 without finishing up my last month end recap of 2013, so here goes nothing:
Over $120,000! That was a stretch for any month, but I actually managed to get close to $121,000 as well! I’m so happy about this. Last month’s update was a kick in the pants, so I feel good finishing off 2013 with a bang.
CHEQUING: $526.68 (Last Month: $372.99)
Chequing is holding onto a bit more money that strictly necessary at the moment. It’s been a little chilly around these parts for the last little while, so I’m waiting to see what my gas bill comes out at before I move the rest of the money to savings and my credit card.
SAVINGS: $536.83 (Last Month: $489.07)
Kind of a disappointing increase, but like I mentioned in chequing not all of the money for December is actually in here yet. That and I bought a couple ETFs before Christmas. Not a lot, less than $50 worth actually, but it still changes this number.
At least it went up instead of down.
INVESTMENT: $1,593.12 (Last Month: $1,530.56)
A small increase here as well. Bought a couple ETFs and the ones I already owned increased slightly.
RETIREMENT: $28,230.65 (Last Month: $27,384.13)
I think this is quickly becoming my favourite category. Another couple months and I should be able to hit my $30k before 30 goal easily. Given that I completely wiped out my retirement funds at 25 in order to put a down payment on a home, I feel much better entering the next decade with a reasonable chunk of money squirrelled away.
PROPERTY: $301,000.00 (Last Month: $301,000.00)
I’ll be getting an updated assessment for my property this month. Everything I’ve read has said that housing in Edmonton has gone up this past year, but they’re typically giving the stats for freestanding houses. We’ll see what mine comes out at.
CAR: $9,451.00 (Last Month: $9,451.00)
This one is going to be holding fast until next November again. It’s been a good car for me so far, though I will need to spend some money and buy it summer tires this year.
US FUNDS: $99.50 (Last Month: $99.46)
There’s some more money on the way, but it hasn’t actually hit the account yet. *waiting*
CONSUMER DEBT: $307.71 (Last Month: $1901.62)
And stay down!
Oh man, when that balance was up near $2000 I was having majorly stressed freak outs. I don’t know if I’ll be people’s helper elf next year (I pick the stuff up, they pay me back). Watching the balances rise while waiting for the money to come it was a little too much for me to handle.
I’m seriously kicking myself for accidentally sending that one credit card payment to my internet provider. Sure, I don’t have to pay my internet bill for months, but my credit card would have been sitting at $0 if I hadn’t.
MORTGAGE: $220,124.87 (Last Month: $220,521.57)
I’m looking forward to when my net worth balance exceeds my mortgage balance. Unfortunately I don’t think I’ll still own this property when that happens. More on that another day
TOTAL NET WORTH: $120,905.70 (Last Month: $117,804.56)
That’s over a $3000 increase! *New Years Dance*
How did you do this month?Did you knock your financial goals for 2013 out of the park?
Recommended Reading: Stop Putting Your TFSA In The Bank