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Ermigod.  I seriously.  Need. To. Stop spending.  Things will get back to normal after I come back from my Asia trip.  It has gotten to the point that I started writing down what I spend on a daily basis in  my calendar again.  This awareness of where I am spending has been helpful… I realize that it isn’t the small daily things like the latte factor that add up for me, it is more like big ticket items, like gifts, plane tickets (+$2000 worth of plane tickets), oh.. and shoes.  I bought THREE pair of shoes in the past month.  One for work, one to wear as a bridesmaid, and another one for work and regular dressy/casual outings.  They were all $50 each though and on sale.  I was tempted to buy another pair (this is why going to the mall is dangerous, I have no will power), nude Cole Haan patent leather peek-a-boo toe pumps but stopped myself because the shoes were too small.  Haha.  And they were not $50, they were $120.  Phew!

There are two weddings (+1 more that I am attending for boyfriend’s friend) this year.

I also actually went to test drive some cars.  I realize that even though my car is 14 years old, there isn’t any concrete reason for me to buy a new car except that you get the newer car feeling.  I was quite impressed with the Honda FIT and the Honda CRV (not the new one of course because that looks like the back of an alien’s head) but the 2010 CRV.  I’m still debating on this one.  Not really interested in dropping $20,000 when I don’t have any particular need for a new car I guess.

Okay, so here’s the breakdown for February 2014:

In This Article:


CASH: $56330 (-1.7%)

  • There is no reason for this drop except for frivolous spending..(!)
  • 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 this year.

Non-Registered: $97020 (-5.2%)

  • I moved $5500 from my nonregistered cash to the TFSA
  • These are stocks that capture the “moment in time”, including unrealized gains or losses in my BMO Investorline and Questrade accounts.

RRSP: $42,400 (+1.9%)

TFSA: $43,760 (+14%)

HOME: $272,000

  • My plan is to live in this for 1-2 years and then rent it out once I find my prince charming (haha…right?)


  • I am not counting this in my net worth, because it’s 14 years old.
  • I have started a separate ING bank account for a future car


Credit Cards: $2660

  • The problem with not having Mint.com is that I can’t see my credit card spending as easily so I ended up resorting back to the Mint.com account but I only added my credit card (this is helping a bunch so that I can keep track of my spending)
  • I’ve redeemed $250 already this year with my MBNA Rewards World Elite® 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: $185,390 (-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.

Article comments


Nice work! Impressive TFSA and all other accounts!

I moved BMO stock into my TFSA this year.

Also own about 150 shares of FTS in my TFSA, never intend to sell that one, DRIPping every quarter.

Good call on the Honda Fit. Another car you could buy and keep for 15 years!

Young says:

@MOA- Sweet we are FTS buddies! I don’t think I set up a Drip for that one though- I set it up for SLF and HSE. Maybe I should look into it 🙂

Liquid says:

I think the Honda Fit would be a great car for you 🙂 It’s very fuel efficient and easy to park. The mall can be a dangerous place for your wallet haha. But shopping is great for the economy and keeps people employed. You are a job creator 😉

Young says:

@Liquid- Ah, you are always good to put a positive light on things! Do you have a FIT yourself?

Leigh says:

If there’s no real reason to replace your car, then don’t! I hope I can have mine for 15 years 🙂 Definitely go for a Fit over a CRV – way better fuel consumption.

I’m pretty sure I spent more than you in January as my net worth update was a loss 🙁 Ah well, February is looking much better!

Young says:

@Leigh- Even though I am pushing 31 (ugghhh that makes me want to vomit just thinking about it) I feel that I need to have two to three children in order to justify getting a CRV. Even when I test drove it, it felt kind of weird driving one lol!