Thursday, March 31, 2011

Month End - March 2011

An interesting thing happened while I was at work yesterday. As those of you who were reading back in February know, I signed up for the Ride to Conquer Cancer, a 200km bike ride fundraising money for cancer research. I was in a meeting yesterday with my coworkers/coparticipants, working on fundraising ideas. The discussion of team jerseys came up, and their cost. A minimum order is 12 jerseys, and there aren't that many of us riding, so we'd each have to order 2 in order to get them. Their (discounted) price is $65 a piece, or $130 a person. All around the table was a chorus of "Oh, that's a lot of money", "I don't know if I have that kind of money right now", "I'm maxed out".


I'm impressed.


I'm not impressed that $130 is financially tight for most of us, but I'm impressed that they're willing to say that rather than just putting it on credit. Some of the other places I've worked you would be looked down upon for saying that, like you were being cheap. It's much easier when you're working with a group that is receptive to hearing your concerns.


So thank you PF community for being the receptive ear (eye?) for me to talk to about my financial worries. I really appreciate it.


Anyway, welcome to the March edition of how the financial ball is bouncing:


31-Mar-10
28-Feb-11
31-Mar-11
Chequing
$116.66
$661.78
$166.51
Savings 1
$0.24
$0.26
$0.26
Savings 2
$100.00
$0.90
$0.90
Savings 3
$500.00
$0.07
$580.07
Investment
$2,189.67
$1,256.02
$1,362.91
TFSA
$0.00
$2,522.19
$2,514.04
RRSP 1
$1,525.96
$1,642.74
$1,649.01
RRSP 2
$3,868.08
$4,038.05
$4,027.81
RRSP 3
$0.00
$667.42
$889.90
ASSETS
$8,300.61
$10,789.43
$11,191.41




Car Loan
($13,138.27)
($9,034.03)
($8,665.84)
LOC
($10,000.00)
($11,000.00)
($10,950.00)
Credit Card
($5,155.65)
($4,301.76)
($4,030.33)
DEBTS
($28,293.92)
($24,335.79)
($23,646.17)




Net Worth
($19,993.31)
($13,546.36)
($12,454.76)




One thing you might notice is that my starting tally is officially 1 year old today. In that time frame I've improved my net worth by little over $7500. It seems like a bit of a measly sum for a year's worth of work, but it's also because my net worth went down further last year before it started coming back up. I've got a set of posts mostly written for next week explaining how/why I got into debt in the first place. To be completely honest, it was stressful writing them, and quite embarrassing. It will probably turn into a 3 post set, because I'm thinking I want to talk about what I learned as a result of it.


Anyway, the big winner in the account department last month was my Emergency Savings account which went from $0.07, to $580.07. It could have been sitting at $800, but I decided at the last minute to put some extra money towards my credit card. I didn't follow the game plan I set out last month to a T, but it's still a move in a positive direction. *shovels money*


It feels good knowing I've at least gotten somewhere in the last year.

2 comments:

Morgaine said...

Great Job! Keep up the good work :)

Cassie said...

Thanks :)