Comments on: youngandthrifty 2009 Year-End Net Worth update

By: young

young — Fri, 30 Sep 2011 03:39:12 +0000

@Kat- Thanks for reading! I usually don’t value the current cost of my home because it seems like it may fluctuate so much. However some other people like to put it in their net worth updates (like Million Dollar Journey). I’m not concerned about pensions being removed. I RRSP mainly to get a tax refund LOL. I will be focusing more on TFSA now that they are available. I have used my RRSP for the HBP as well and will be needing to recontribute back to the RRSP.

By: Kat

Kat — Thu, 29 Sep 2011 14:01:15 +0000

Hey, I just found your site.
Ok so can you advise me how to calculate net worth.
Like i know it should be simple,
Assests – libailities-
But like the house I bought, it cost 283k I owe 100k now, and it’s increased in value to 360k now..
do i factor in the increase of its projected value?
Also I’m a Public Sector employee too- are you concerned about the pensions being removed, is that why you rrsp?
I only rrsp’d for a time to buy my first home, now i’ve begun again 1st to offset tax man (i have 2nd job now) and in case our pension is taken away from us.. like our severance was.

By: young

young — Sat, 19 Dec 2009 17:16:05 +0000

Thanks! I TRY to get my shit together, most of the time. So how many more years until Studenomist is done school?

By: Studenomist

Studenomist — Sat, 19 Dec 2009 15:57:50 +0000

Man you got your shit together. Congrats! Your blog will pick up in no time. People love to take tips from those that have credibility.