Thursday, February 2, 2012

Net Worth Update

With so many changes in the past 6 months (new job in a new city, new condo, car purchase) I figured it was high time to have a look at my net worth.

Net Worth$27,350

I did my first Net Worth update in April last year and came out with approximately $22, increase of almost $5,000.  I know that number could have been higher - since I reported that net worth I've had some big ticket payments - legal fees/commission from the condo sale ~$6,000 and moving/legal fees/warranty for the new job and condo in Ottawa ~$3,000.

I will do another Net Worth Update part way through the year and again at the end of 2012 and I hope to see that number climb to: $38,000 by the end of December 2012.

How often do you check your net worth?

1 comment:

  1. I don't necessarily "check" my networth because my financial situation is soooo simple. I don't own property, nor a vehicle, so I have no debt (student loans paid off a while ago, pheww!!!). For me, what's in my accounts and savings vehicle is my networth, so I pretty much know at any given time what the number is. If I was more financially savvy and invested, I'd probably check it much more often as investments go up and down, so it's a good idea to keep an eye on it.