|Car loan at 0%||$11,671.36||$11,342.71||-2.82%|
This is one of the worst month since I’ve started following my net worth. February is a small month but that should not explain the huge drop I had.
One thing your can notice is that my car value dropped a lot. I’ve started to track my car value with the Canadian black book so that’s why it dropped so much in my car value.
This month was short and I’ve got 4 pay and I’ve also taken two sick days which were paid full last January. These days were to take care of my baby so it was not really some fun day. This have lower my income to 2 819$. Which is 1000$ less than my average income.
This month was a big month for my expense since we had 600$ in municipal max and 219$ car plate to pay. Also, my internet and tv bill increased but I’ve called and renewed the retention rebate near the automatic payment so I should get a credit on my next bill. Next step, I will cut the tv. In total, I’ve spent 3 831$. This is my average spending.
This month I’ve saved some money to my investment account. I’ve saved a total of 40$ which is included in my total spending. I’ve saved 1.41% of my income which is way less than my goal of 5%, but it’s a start.
Next month, I’m looking to increase my saving to at least 3% and my net worth should go up since I will get back 1500$ from my 2016 tax and it’s a 5 weeks month so I will be paid 5 times.
Readers: How was your February month?