Category Archives: Business

Net Worth March Update : $11,937.01 (+31.19%)

Assets Feb-16 Mar-16 Monthly Change
Checking $538.00 $3,607.78 570.59%
Saving $2,233.00 $51.25 -97.70%
TSFA Investment $815.00 $980.57 20.32%
RRSP Investment $0.00 $0.00 0.00%
House $215,000.00 $215,000.00 0.00%
Car $17,000.00 $17,000.00 0.00%
Mortgage $208,372.00 $207,873.85 -0.24%
Car loan at 0% $15,615.00 $14,957.86 -4.21%
Credit Card $2,499.64 $1,870.88 -25.15%
NET WORTH $9,099.36 $11,937.01 31.19%

This is my second net worth post. The mortgage and the house is owned by me and my wife. The others entry are only my numbers and do not count my wife net worth.

This month was kind of rough in income since I’ve got 1 week of 0$ income and an other one that was cut by half. Luckily it was a 5 week month so it’s not that bad and I’ve got 1000$ from my parents to buy some stuff for the house.

I had to use my saving to pay all the bills. These saving were in a 0.8% register saving account so it’s not a big lost and I will make it again to the amount it was. The amount I didn’t used to pay my bills is in my checking account. Also, I’m trying to get one month of mortgage payment in my mortgage checking account. I consider this as money to be used if I can’t pay the mortgage for a month or if the money is not transfer fast enough between banks.

The TSFA investment account grow a lot this month since I added $150 in cash in it. Also, I’ve  started a little day to day trading in it to make it grow faster.

I also invested 286.11$ USD in my side hustle in the last week of the month to buy a new inventory. In the month of march, I’ve sold for 43.75$ of stuff. This is not my profit, but the revenue of the month. With this investment, I am looking to make the revenue of the side hustle around 100$ for the next month.

Readers : Did your net worth grow last month ?

New business

I’ve always wanted to start a business in my life but didn’t want to rely only on it for my finance. So while I was in paternity leaves, i’ve looked into something that could bring me money while I have fun.

After couples days of research, I’ve found a niche that was underdeveloped here in canada. I registred my enterprise as a sole propritor and imported some stuff from china to resell it on ebay.

All this stuff is in an area that I love to look after. On every item, I make one dollar or more of profit. In a month, I’ve sold 10 items on about 40 that I’ve imported.

Since I was a new ebay seller, I had no reputation so I guess in the next month it gonna be better.

I will keep you updated every month.


Hello everyone, Sorry for not updating this blog in the last couple months, but between the job, the new kid, the house, the wife, I missed time to write something.

So this month, I’ve started a business and registered it as a sole proprietor. This is my first registered business. The main goal of the business is to sell electronic parts only. In the next post I’m gonna talk about this business.

On the monetary side, I’ve not invested a lot more in the ETF. I’ve put some money in the business instead of the saving account.

Since the last update, I’ve got a salary drop since I started to pay my insurance at my job.

Goal updates :
  • Goal 1 : Get 2000$ ahead to cover the expense of next month On its way

I am now at around 500$ to cover next month expense. It’s 500$ less than the last update.

  • Goal 2 : Add 100$ month in my RSSP On hold

No modification since the last update. This goal will be put on hold for the moment and but this year I need to put some in the RSSP.

  • Goal 3 : Add 100$ month in my Emergency Funds Failed

I’ve added 20$ in the funds since the last update.

  • Goal 4 : Get a new tablet Failed and cancelled

This goal will not be completed.

  • Goal 5 : Keep this blog updated  Failed

I didn’t had time to update the blog

  • Goal 6 : Trade cryptocurency. (Bitcoin, Dogecoin, Litecoin …)  Failed

I’ve not traded any cryptocurrency.

  • Goal 7: Add or speed 100$ biweekly for the incoming baby.  Success and Cancelled

I’ve put money every two week for the baby that is now born since last month

  • Goal 8 : Make at least one trade in Questrade by trimester – Success

I’ve made a trade in February

New goal :
  • Goal 9 : Get a new inventory for the business.