Tuesday, March 19, 2013
Financial Goals Complete!
Yesterday, I sent my "Investment Advisor" (I picked my own fund, though) a cheque for $5,000 which will put my RSP at $25,155. In my yearly financial goals, goal #2 is to have $25K for down payment of house. That goal is almost complete! I won't consider it actually complete until the trade goes through.
This will also put my Net Worth at $21,202. My net worth at the beginning of this year was $7,261. This is an increase of $13,941 which puts me well over my goal #5 of increase my NW by at least $10K. I will have to increase this one. But, once I take the money out of my RSP to use for down payment, my NW will decrease but I will be adding a house to the NW calculation (and a mortgage).
So, that's 2 Financial Goals completed in the first 3 months of the year! Unfortunately, I also broke my Shopping Ban this month, but I will just keep moving forward with the goal. I also have to bring my EF back up after draining it to pay off my CapitalOne card this month.
But, in more good news, I officially have a higher positive NW than I had negative NW when I started this blog in 2010!
In January 2010 I had $3,000 in savings and $22,400 in debt now I have $25,100 in savings and $3,900 in debt! From -$19,400 to +$21,200 NW. What a reversal in 3 years! :)
Granted, I still have a ways to go, I have to get that last credit card to $0 and pay my aunt back the $4K loan for the RSP, but right now, I'm feeling pretty proud of myself.
How about you? Have you accomplished any of your financial goals for this year?