General Goals 1) to be debt free in 3.5 years 2) save lots of money

Monday, January 10, 2011

Net Worth and Cat Fund Story

Recently a lot of PF bloggers have been posting there updated net worth. At first I thought there was no point in even tracking mine. As there is no hope of finding myself miraculously  out of the red. But I thought and thought about it, until I caved. So here it is:


Net worth as of December 2010 from August 2010



Debts(D)/savings(S)
August 2010
December 2010
OSAP (D)
-13,058.00
-10, 058.00
TD Line of Credit (D)
-34,380.01
-32,685.15
Sundry Debt (D)
-727.41
0
General Savings (S)
0
727.99
Cat fund (S)
0
39.91
Car fund (S)
0
2512.79
Vacation fund (S)
0
461.57
Christmas fund (S)
0
0
Mutual funds (S)
1,011.29
1,086.48
Chequings account
0
40.64



TOTAL:
-46,832.12
-37,873.77
Difference:

8,958.35


















Not too shabby I would say, actually the numbers shocked me a bit.

I worked today. I got he strangest question over the phone. A client called and said that her and her husband had been away on a ski trip and while the were a way they had paid to have there cat bored at a Country Cat Spa. As it turned out they picked the cat up and it was very sick with something that they had used on the cat, an allergic reaction to the shampoo for instance. Now she had not paid for the Cat Spa on her visa card. But what she wanted to know was did her visa card medical insurance cover them for the vet bills!!  I explained that no her visa travel medical insurance would not cover the vet bills. I told her it might be worth taking the cat Spa to small claims court. But What I really wanted to say was "maybe its about time to start a Cat Fund!!!" I bit my tongue ;P

4 comments:

  1. I think tracking your nw can be really motivating and this is why.

    That's a big increase :)

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  2. Wow I bet you were knocked out by those results, and by making those same payments to debt plus your additional savings it will only be another 4 years to be debt free with a large savings account. Well done.

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  3. Ya know Maureen I hadn't even looked at it that way but your right. Though am sure I can make it in 3.5.

    Laura your right I have been smiling to myself for the last couple of days before I posted it.

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  4. You did really well!!!!!

    Tracking really motivates a lot of people, myself included when I first started. I should have done it in 2006 more consistently.

    Also, who's Visa pays for a cat problem? Jeez.

    Call the spa.

    ReplyDelete