Net Worth - September 2009 Update

Millionaire Mind Action Item - I focus on building my net worth!

March was a great month for net worth growth and now it's time to update my situation. See last month's update here.

September 1, 2009

Passive Income: $0.00
Total Income: $2,887.63
Total Expenses: $2,393.25
Monthly Cash Flow: $494.38

Total Assets: $34,116.99 (10% First Cash Holding Account, 10% First Accounts Payable Account, RRSP, TFSA, Gold & Silver) +2.33%
Total Liabilities: $30,237.37 (Student LOC, OSAP, Car Loan, Mastercard) -1.00%
Net Worth: $3,879.62 (+1079.37 or +38.59% from last month)

Started 2009 with Net Worth: -13,156.58

Year to Date Gain/Loss: +$17,036.20 or +129.49%

Final Thoughts: Did August ever fly by? No matter how busy I get and can't find my way to post additional info on the blog, I definitely won't forget this consistent post.

August was a fairly good month for Net Worth Growth. I decided to exit my USD CASH position and bought into Gold with a Silver Hedge in my 10% first fund. As for a couple look, I still need to physically sit down with my wife, consolidate our accounts and update our Net Worth together. There's a fair bit left in our wedding account. I want to make sure we have enough in RESERVE to cover the both of us and work out a plan where we can achieve financial freedom together. Let's see if we can finally get this done in September.

Declaration: We focus on building my net worth! ... We have a millionaire mind!