$320, 160 (+.4%)
I’d say not too shabby this month considering I’ve been spending like a mad woman still.
I tried to save money when I redid my highlights by getting a Groupon to a fancy-ish salon. I then bought some Bumble and Bumble hairspray of sorts for $30 and tipped her quite generously (I think etiquette is to tip on the full price and not the Groupon price I believe) and so still spent about $200 on my hair!
I also bought $120 Citizens of Humanity jeans (they were 50% off) and spent a lot of food and gifts. On the flip side, I bought $227 worth of Shoppers Drug Mart stuff for $27! Thanks to the Spend Your Points event. Speaking of Shoppers, I wish I had kept my Shoppers shares! They went up big time!
I am finding that dating is expensive because of all the primping and preening needed. Lol.
I know that next month will be even worse in terms of my net worth update as I have to pay the last installment of my tuition.
Okay, so here’s the breakdown for August 2013:
CASH: $177,200 (-0.3%)
- I am planning to ETF or index fund about $100K of it but haven’t had the time too.
- I added up my chequing and savings accounts (High Interest Savings Account). I automatically deduct money from my chequing account and have it siphoned to the HISA account (paying yourself first)
- I have $4800 saved up for my big trip that I hope to do next year.
Non-Registered: $1710 (+2.1%)
- Ugh I need to do something about these basket of garbage stocks I have LOL. I bought Suncor at is peak and it’s still sitting there. I bought a Potash stock that’s half of its original value. I need to sell it and just start fresh this year. –> as of July 2013 I still have not done this.
- I transferred some cash from a terrible investment that I sold into my RRSP
- These are stocks that capture the “moment in time”, including unrealized gains or losses in my BMO Investorline and Questrade accounts.
RRSP: $24165 (-0.3%)
- This includes the pre-authorized monthly contribution into my TD E-Series account, a GIC in my ING Direct Account and a Questrade RRSP account.
I am seriously thinking about maxing out my TFSA instead, if I am not able to max out on both (read my TFSA vs RRSP great debate over here) from now on, as I will expect to have defined benefit pension when I retire.
- I’m not including my defined benefit pension which is >$30,000
- I owe about
$16,000$12000 to myself in my RRSP because I used the Home Buyers Plan for my down payment. I allocated about $4500 into my home buyers plan for 2012.
- My goal for the rest of the year is to deal with my RRSP stuff and pay off my HBP. Been too busy with school and dating to do it.
TFSA: $36340 (+3.5%)
- I have 105 shares of HSE.TO now! Need to update that spreadsheet!
- My TFSA is maxed out for 2013.
- Check out my dividend income spreadsheet!
- One of my to do tasks is to track my dividend payments in an excel spreadsheet
- Watch out for TFSA over contributions, guys, the CRA will get you for every last penny.
- I signed up for a Tax Free Trading Account with Questrade in 2009 and haven’t looked back!
- My plan is to live in this for 1-2 years and then rent it out once I find my prince charming (haha…right?)
- Where is this prince charming fellow?
- I am not counting this in my net worth, because it’s 13 years old.
- I have started a separate ING bank account for a future car (I have my eye on a Prius V cus it’s oh so sexy!)
Credit Cards: $2800
- The problem with not having Mint.com is that I can’t see my credit card spending as easily.
- I am thinking of getting Mint.com again and then just linking it to my credit card haha. I think my spending is getting out of control without Mint.
- Credit card spending was crazy again this month! I didn’t want to look at my statement. Haha. Oh well, lots of points with my MBNA World Points World mastercard.
- I’ve used my new Amex Aeroplan card twice so far.
- I pay off my full amount every month (and folks, it’s VERY important you do so otherwise you’re losing out on a 19% return!) but include it in my net worth update so I have an accurate picture of my actual net worth. I sort of think “If I were to sell everything right now, what would my net worth be?” I guess I shouldn’t put it in the liabilities column since i pay it off regularly, BUT in mint.com it’s under the liability column so I’ll do the same.
Mortgage: $188,500 (-0.3%)
- My intent is to rent it out in a little while (see above). In order to offset future rental income, I chose to acquire a mortgage instead of paying for the majority of the condo.
- It’s like not putting all my eggs into one basket, so to speak.