Tuesday, 31 December 2013

2013 Net Worth Update and Student Debt Dec Update

   This is an update of my net worth - the simplified version. I didn't include my bank account balance and my credit card balances (I pay them off every month) because the balances fluctuate and I feel like they have no significance because there's no growth potential.

December 2013
Networth
Assets
TFSA (td)677
TFSA (questrade)4403
Total5080
Liabilities
Student Debt8710
Total-3630

As for my student debt, here are the charts and graphs of my progress so far. 


TimeStudent Debt Owed
Apr, 2013$46422
May, 2013$33422
Jun, 2013$33202
Jul, 2013$31555
Aug, 2013$26507
Sep, 2013$16100
Oct, 2013$14762
Nov, 2013$9968
Dec, 2013$8710

I have made good progress this year. I will do a new post on my goals for 2014, it's going to be a year focused on building wealth. 

Sunday, 1 December 2013

Student debt progress: November Update - Finally under $10,000!

This was a good month! My moving expenses were indeed processed this month, which combined with my planned contribution to push my debt level under $10,000! A giant milestone for sure! I've accomplished my Student debt repayment goal of the year 2013 (it was originally to be under $20,000, but I adjusted it down to under $10,000 after my parents helped me with a lump sum.)



TimeStudent Debt Owed
Apr, 2013$46422
May, 2013$33422
Jun, 2013$33202
Jul, 2013$31555
Aug, 2013$26507
Sep, 2013$16100
Oct, 2013$14762
Nov, 2013$9968