Skip to main content

2015-2018 net worth

I used to track my daily expenses daily.

With every purchases, I'd keyed into google sheets.

But as time goes, I got lazy. I figured there's no need for me to track it daily given that I'm disciplined with my outflows. In any case, I've never budgeted how much I should spend on food, transport, shopping etc. Hence, the daily expenses tracking actually don't serve much purpose.

However, one thing that I continued to do, is to track my monthly assets/net worth. And they are broadly categorised as follow:

Cash SavingsFDStocksCPF

It feels good to see your money grow in the different pots and pinpoint which has the biggest growth. So here's presenting my annual net-worth growth since 2015:



I'm not confident that I'll hit $400k in the next few months given that I'd be wiping out almost all my CPF for housing soon. Reno cost a bomb and furnitures and appliances will wipe out a chunk of my savings.

My net worth will likely drop below $300k.

Oh well, such is life. I'll just have to grow it back again.
Labels:

Comments

  1. CoryMarch 9, 2019 at 4:48 PM

    I only track my personal expenses for 2 months and decided to stop as I don't spend extravagantly. The purpose is to get a rough idea of the spending percentage.

    Net worth may worth the time as you can size up liquidity and invest needs

    ReplyDelete
  2. Valerie TanMarch 11, 2019 at 9:12 AM

    After tracking ALL of my expenses for well over a year, it has made me even more stressful as I had to assess each of my spending decision well otherwise i feel really guilty. I still track and budget for the bigger items. Tracking net worth has made the process more enjoyable instead for me.

    ReplyDelete

Post a Comment

No rude messages please. Unkind messages and spams will be blocked and deleted.

Popular posts from this blog

I finally cross $700k networth, after 1 year 4 months

I wondered how I should kickstart this post - should I be positive or negative about this? After 1 year 4 months, I finally crossed $700k in networth - returning back to where I've been at, back in Dec 2021.  I am disappointed.  For the past many years, I've always been growing my networth, at around $100-$150k/year. I had big plans to hit a net worth of $850k by December 2022, but the universe had other plans for me. Instead, I only managed to reach $646k, leaving me with a $204k gap to my target.  Ever since I became more aggressive in my "investment" portfolio in 2021, being sucked by greed to deploy most of my cash into stocks and crypto, I fell heavily, along with the crashes. Crypto wiped out 5 digits savings, so did the stock market.  To be honest, ever since the crashes and a bad hit to my net worth, I actually didn't do anything special to improve. I didn't make drastic spending cuts, I didn't stop my holidays, I didn't continue investing (no
2 comments
Read more

What the luck? DBS and OCBC banking tokens died!

What luck. My ibanking tokens went dead one after another. OCBC Token First was my OCBC token. It said "low battery", but I ignored it. And when I finally need to use it, it was dead. Granted that I could use SMS OTP, I had to make a big transfer to other banks and it was over the withdrawal limits. And to do that, I needed the ibanking token. And serve me right for not activating the onetoken. In the end, I had to call in to OCBC call centre for a replacement. 7 working days, they said. What a long wait. In the midst of it, I needed to make my interbank transfers. I even went down to OCBC bank and explored a stupid manual way i.e to withdraw cash and deposit into the other bank. But the moment they told me they ran out of big notes, I got scared. While waiting for the token to arrive, I figured I could actually do transfers in smaller amounts, but had to bear with a daily cap. Sigh. And, one week later, my OCBC token arrived. How efficient. DBS token
3 comments
Read more

Cashing partial BTC out at 50%+ profit

My first foray into crypto was during the hype. Back in Feb 2021 During Feb 2021 to Jun 2022, I added in bit by bit - DCA as what they say. BTC, ETH, MATIC, SOL and even the horror LUNA. Thereafter, as crypto crashed, I stopped, praying one day it will rise back. And today, as I found that BTC is now at ATH, I decided to cash out 1/4 of my BTC for some profits. It's still a far cry from the amount I've lost, but I'm glad I could recoup some losses. Just to detail for my future reference, I transferred my BTC from ledger to coinbase. And sold my BTC on coinbase to SGD, incurring an atrocious fee of $130 and GST of $12. Gone are the days of cheap transaction fees.  Please let me know if there are wiser/cost effective options. In total, what I took back was a profit of 50%.  May BTC rise up more so I can cash out at 100% profit next. -dated 9 Mar 2024-
Post a Comment
Read more