Long time no post. Things have been up and down for me not financially but with my health. It is finally getting back on track, but I will not be boring you all with the details.
The easiest way to double your money is to fold it over and put it in your pocket – Kin Hubbard
Let us get down to the good, fun positive points:
- My partner and I cut up her credit card (good bye and good ridden)
- My card is still active and has a debt of $1598 but this is going in two weeks
- Car Number 1 is now gone, mostly because I was ill and was able to “surrender the vehicle, and my loan protection insurance took care of the rest. Thank god for insurance.
- My partner and I have combined Finances, so we now tackle everything together. We have set a budget in place as well as a savings plan.
Liabilities prior to May (debts)
- Car Number 1 – $27,160.27
- Car Number 2 – $14,636.28
- Credit Card – $4,848.90
- Total – $46,645.45
Liabilities in May (debts)
- Car Number 2 – $12,785.15
- Credit Card – $1598
- Total – $14,383.15
So we have had a big couple of months with our Net Liabilities dropping a whopping 69.1%
To add to our happiness our assets have grown. Across savings and shares.
- Savings have grown and we now have a savings rate of 54% from our combined income
- My Share Portfolio is currently showing a capital gain of 19.37%
- BrickX is slowly rising again with an average return on investment of 13.11%
- Acorns is traveling along nicely, no major improvement though
My super share portfolio is also tracking along really well, with a couple of nice dividend payments as well. More to come on this in another post.
So that sums up my tardiness in posting as of late.
Signing off for tonight