Comments

  1. I never really pay that much attention to my net worth but I am starting to think I should. Great job on that prepayment with the mortgage. Appears you net worth is growing consistently.

    • We didn’t think we’d hit the 500k this month as planned but it worked out in our favour even though we had all those expenses. Tracking our net worth has helped to motivate us to continue doing what we share on the blog with our budget and spending habits. It’s all a part of the overall picture. Cheers mate.

  2. Congrats on reaching the 500k net worth milestone. I don’t own a home of course, but I do think you’re right about putting money into it to get money out of it in the long run.

  3. mycanuckbuck says:

    That’s a good solid climb – and there are always going to be some times where there’s more going out than you’d like, but it can’t be avoided. How do you calculate your pension value – is it defined contribution so it has a set value?

  4. Congrats on hitting the $500k mark Mr. CBB and I like that upward trending line in your graph. :) I think it does come down to quality, as long as it provides you a good return or is just worth it. We have our eyes on some landscaping ourselves but are just needing to save for it as it can add up fast.

    • That’s just it John.. glad you read that because when you said that to me the other day it really made sense because that is why it’s taken us so long. We wanted to make sure our priority of the mortgage was taken care of first then saved the cash to do this. The front wasn’t falling apart it was part of our kingdom but not the roof over our head so we had time on our hands. Cheers mate

  5. Way to go Mr CBB! We hit $500K in the same month. What a lovely coincidence. =)

    When you’ve done more of your landscaping, I’d love to see pictures!

  6. Wow! Way to go sir! That’s a pretty nice milestone. Keep on trucking.

  7. I love the graph with the blue lines. Certainly going in the right direction. $500K net worth is a great accomplishment. Congratulations!

  8. Christine Weadick says:

    Looking good there this month in spite of the bills for landscaping and the pooch. This is an excellent example of why we need an emergency fund and for projected expenses… The emergency fund was there to pay for the pooch and the projected expenses was a planned expense for the landscaping. I know it seems like it’s taking so long but you are clearing out that mortgage at a very good speed….. all things in their own good time and you are getting there!!!! Good work!!

    • I’m so happy to hear you talking about projected expenses and that you understand what they are. I often wonder if the fans understand why we call them projected expenses and why they are so important and are not an emergency fund it’s a fund of money that WILL be spent at some point in time. We are very happy we had the money saved up and even though our net worth took a hit, it was not a problem overall for us. Do you track your net worth ? Thanks for reading Christine!!

  9. Debt RoundUp says:

    I hate months when the finances are up and down. It is good to have a positive increase in net worth. Keep up the good work Mr. CBB!

  10. Wow! Congrats on making it to 500K!!! That is a big milestone. It will be quite a while before we get there, but for now I’m just happy to keep seeing ours go up and up :)

  11. Love your thoughts here, Mr. CBB, especially about not letting others stop people from achieving our financial goals. And great job on the home improvements – you are saving $$ too by doing so much yourselves. You’re doing terrific on your goals – thanks for sharing and being an inspiration to so many others. :-)

    • Thanks Laurie, I must say the landscaping was lots of work but I rather enjoyed the way it turned out. I might even score some extra income in the neighbourhood as some were hinting they wanted to do a path now as well. :)

  12. You are so inspirational mr cbb. Huge milestone for you guys! Keep it up!!

Trackbacks

  1. […] Mr. CBB also shared an update on his net worth. […]

  2. […] CBB @Canadian Budget Binder shares his net worth for May 2013 and so does Evan @ My Journey to Millions with his June 2013 Net Worth […]

  3. […] of customer service Mashed Thoughts reviews a local Oyster Bar in Vancouver Canadian Budget Binder updates his net worth. Very inspiring see him finally breaking through the half million dollar mark. Modest Money shares […]

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