March 2016 Net Worth Update (+1.1%)

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Lots has happened in February!  I am very thankful that I am in the positive territory and finally made my net worth goal of more than $385,000 in March 2016 haha.  Just a few months late but whatevs! Haha.

I am very grateful the market ended on a high note on Friday when I did my net worth update.

Hmm what's new this month….well, I am engaged!  Finally at the ripe old age of early 30's!!!  Depending on how things go (e.g. if we buy a home together), I may have to stop the net worth updates in the near future as I will be merging some of my money with my fiancee (ooh feels weird to say that) in our marriage, and it will be difficult to calculate my actual net worth as an individual (though I guess I could try I suppose).  Lots of things are happening right now including wedding planning etcetera and getting a joint bank account!

For February, I got my car serviced and washed.  Bought more dog food for my dog.  Went out to eat a few times with friends.  Nothing really too exciting or out of the norm.

Okay, so here’s the breakdown for March 2016: $387,260 (+$4200)


CASH: $50,370 (+0.1%)

  • I have at least 6 months of living expenses and then some, so should start moving money into my investments regularly– I really need to start doing this, I have a lot of cash on hand.
  • 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)

Non-Registered: $79,150(+0.8%)

  • I still have a lot of cash in my non-registered account hence the poor performance
  • These are stocks that capture the “moment in time”, including unrealized gains or losses in my BMO Investorline and Questrade accounts.

RRSP: $60,050 (+0.8%)

TFSA: $54,300(+2.8%)

HOME: $272,000

  • My plan is to live in this for 1-2 year and then rent it out once I find my prince charming (found him!)

CAR: $16,665

  • I updated it for 2015-2016 with the Canadian Black Book price, will update it again July 2016 with the depreciated price


Credit Cards: $350

  • I signed up for the Chase Marriott Visa and also have an American Express Gold Rewards Card again, with the goal of travel hacking my way to trips.
  • I use 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 $0 for 2016 so far with my MBNA World Points World mastercard
  • 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 it’s under the liability column so I’ll do the same.

Mortgage: $144, 950 (-0.6%)

  • I pay an extra mortgage payment a month
  • 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.
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Young is a writer and former owner of Young and Thrifty and the main "twitter' behind Young and Thrifty's twitter account. She lives in Vancouver, BC and enjoys long walks on the beach, spending time with her anxious dog, and finding good deals. If you like what you read, consider signing up for email updates.


  1. Kiki-Mira on March 10, 2016 at 11:13 am

    Yay! Congrats on your engagement!

    It’s also nice to see a positive increase!

    I decided last month to move my TFSA into done TD E series, ive already gained more money than what the interest paid in 2 years. So that’s good news.

  2. Young on March 13, 2016 at 7:41 pm

    @KM- Thanks! Awesome that’s good to hear, keep up the good work!!

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