Biggest news for my roundup? I finally hit the $200,000 net worth.
By the way, this is not an April Fool’s post. I hate all that, so there are no tricks or jokes hidden in this post.
First, I forgot to mention this but I am now an unpaid writer for Mint.com. Thanks to Tom of Canadian Finance Blog for the recommendation π
Check out my first post: Why Canadians love to shop in the U.S.
Second, a shout out to Well Heeled. What a doll!
Third, this… just made me cry with laughter.
Seen first on Geek in Heels but the original graphic is from High Expectations Asian Father.
My mom says: “FB! FB! Book Face Book Page this company.
They’re giving away free ice cream if you can find their Book Page and Face them or something. I don’t know what I’m talking about.
Find out for me and get free ice cream for yourself.”
Fourth, these two amazing blog posts made me tear up and sniffle.
I know it’s easier to do so these days but.. even so.
I loved them so much, I couldn’t bear to put them nearer to the bottom of my post just in case any of you missed them.
- “Oh that’s all? I love you” — Acceptance of her brother and son (I am the working poor)
- The purpose of work — The older generation and working (Your fab life)
Now onto the money!
Theme Song for this month? HEY BIG SPENDER!
Actually it isn’t all that bad. Just a bunch of expenses coming together in one month.
Clothing purchases = not necessary but I wanted them anyway.
INCOME = $20,800
- Gross regular contracting income with a lot of over time.
- Not contracting for the rest of the year.
- Taking the year off to relax because this is the Year of Travel. BF suggested going to Spain this year after Asia.
- No blog or freelance writing income included.
EXPENSES
PERSONAL EXPENSES: $2464.56
- No $1000 budget this month, but April should be good for it.*
- Went back to Toronto to see family & friends. Ate out quite a bit.
- Replenished birth control pills for 18 months (big hit in the wallet).
- Bought my Canon G12 camera to be ready for Asia. Short review? GET IT π It’s amazing.
- Bought 5 items from Anthropologie. 2 secondhand, 3 new.
*I still like the $1000 budget mentality because it forces me to try and hit some sort of target.
On top of that, is my travel budget as well, which is another $10,000 for this year, so $30,000 in total.
Ideally I’d like to make it $20,000 including traveling, and I almost made it last year (I went over by a couple hundred), but this year will be a full year of not working & traveling here and there.
The only problem with this strategy is I buy things in bulk.
I pay for yearly subscriptions all at once rather than monthly, and I see spikes in spending in the months where I stock up on pills or pay for insurance, for instance.
So it hits $1000 or under, once in a while, but not all the time.
My general goal is around $20,000 a year for personal expenses or $1600/month.
$12,000 is for $1000 a month for rent, utilities, laundry and so on
Other $8000 is for things like pills, paying insurance a year in advance, or anything that would otherwise eat up an entire $1000 budget (like buying a camera).
I kind of like loose goals and budgets, so this works for me.
BUSINESS EXPENSES: $0
- None this month.
- I should mention that I will pay a lot of taxes next month so expect negative numbers.
NET WORTH = $203,851.89 which is a + $8945.05 or 5% increase*
Finally at $200,000! After April, it will drop significantly after I pay taxes, but at least they’ll be done and over with.
Now here are the numbers:
- Cash: $125.73
- Emergency Fund: $31,389.36
- Savings: $200.29
- Retirement: $52,378.74 (TFSA included)
- Business: $119,757.77
*I donated my full 10% yearly gross and a little extra to charity this month rather than at the end of the year.
I did this because I’m done working for 2011 and this accounts for the smaller increase.
Some of you asked where I put my money:
My main bank for savings and chequing is PC Financial (quite annoyed with them right now), and so is my main (and only) credit card (PC Mastercard) for the points.
My RRSPs are in TD Bank (not TD Waterhouse) where I bought index funds and have kind of just let them sit there and grow.
My TFSAs (Tax-Free Savings Account) money, are in Questrade under their TFSA account. I buy stocks and index funds with it.
Sign up here for a new Questrade Canada TFSA account using my referral ID and you and I will each get $50.
o0soehds
(It’s hard to read but it is O–Zero–S–O–E–H–D–S)
It’s only open for people who sign up under affiliate members like me, and it doesn’t have to just be TFSA.
You can put RRSPs in here or taxable investments as well.
Thanks in advance.
My Emergency Fund cash is in ING Direct.
Sign up here for a new ING Direct Canada account using my referral ID and you and I will each get $25!
You can also put TFSA or RRSPs in here as well, but they only have their own Streetwise Mutual Funds to pick from, not the whole range.
32726976S1
Thanks in advance!
Best Posts of March 2011
- Cutting out the “I deserves” in my daily routine
- Can you learn how to be a genius
- 5 jobs you wouldn’t think make $100,000 a year without a college degree
- Keeping out my Eating Out Monster in check
- What should your net worth be? By Income or Age
- Ordinary pleasures: The well-kept secret of little things that make you feel rich
- For every 5 men who earn a 6-figure income, there is 1 woman who does
- What do people spend in an average budget? By income
RANDOM MUSINGS
$$$ talk all done now. Now for some random stuff.
I kind of like doing these roundups so I can just throw everything into one post.
JAPAN
Every time I see footage or read about it, I get depressed and my heart just gets heavier and heavier for all that I hear they have to deal with.
It’s gotten so I have trouble sleeping at night, and it makes no sense because I’m not even Japanese, nor do I personally know anyone in Japan.
Maybe all that Japanese culture I soaked up as a kid, and my love for almost everything Japanese has made me feel like I know them as a people so well.
Then I read things like this:
- Why there is so little looting in Japan (Slate)
- Top Japanese Yakuza (mafia) organizations are secretly helping Japan (Business Insider)
- Hideaki Akaiwa – Hero who couldn’t sit idly by and wait to rescue his wife and mother (LA Times)
…and it makes me so proud of them. After reading and re-reading those articles, I started to sleep a bit better at night, but I can’t stop thinking and stressing about the whole situation.
They’re going to pull out of this stronger than ever.
- Millions saved in Japan by good engineering(Science Blogs)
- Japan’s Strict Building Codes Saved Lives (NY Times)
- Japanese Road repaired in 6 days after it was destroyed by the quake(Daily Mail)
- How does nuclear radiation affect the body?(Psychology Today)
Six days after repair work began on an earthquake-demolished section of the Great Kanto Highway in Naka the road was ready to be reopened.
They’re really doing this magnificently:
PARENTS & TECHNOLOGY
Jenny from Geek in Heels was talking about her parents and technology. Here’s an excerpt:
Dad: Jenny I want a smartphone.
GiH: Thatβs great. What kind do you want?
Dad: β¦theΒ smartphone.
GiH: Okay, but there are many different types of smartphones. Do you have a specific brand in mind?
Dad: The one that my friends have.
LOL!!! π
That said, they sound a lot more tech-savvy than my folks.
My mom has problems knowing how to plug in a laptop and turn it on.
On top of that, she has labeled every part of the computer with tape and numbers to know the ORDER in which to touch each button.
She also has a little map with things like: #1 – Power Cord Plug, #2 – Mouse Plug, #3 – Internet Plug…
My 2-year old nephew knows how to use the computer better than she does. I have visual proof! Even a video of him using the mouse and the iPad with the ease of an adult.
My father is the more tech-savvy of the two.
Out of necessity he has taught himself:
- Photoshop
- How to use the internets (haha)
- Watch YouTube videos about photography
- Download plenty of malware and viruses from popups that frustrate and annoy him
He still has trouble with knowing what to do if Windows gives him an error message.
Still, he’s quite savvy for someone who hasn’t had any training on a computer whatsoever.
I also make screenshot tutorials for him when he gets stuck.
I DON’T ONLY EAT MEAT & JUNK π
I usually like eating plain food during the week, so for me, it’s too boring to post about. Like strawberries. Pretty, but not exciting. (Look how gorgeous they are, taken with the Canon G12!)
Last week, I ate chickpeas with salt, pepper, asparagus and tomatoes among other meals like eggs and rice with veggies and so on.
Then I ate some plain steamed fish with rice and a side of zucchini and tomatoes (chopped).
This week, I came up with my own recipe (at least I think it’s original): Chickpea and Potato Pancakes with a side of Garlic Asparagus!
It’s chickpeas mashed with shavings of potato and made into a “cake”, then pan fried with a tablespoon of olive oil.
(I don’t like a lot of oil in my foods, it makes me break out.)
I had a side of asparagus and garlic beside it.
Totally vegetarian (I would have kept it vegan, but I had to add eggs in the ‘batter’ to make sure it bound together properly in the pan.)
It was a HUGE hit with BF and me. Especially BF who is THE pickiest eater ever.
He inhaled my leftovers I made that day, and eyed my portions until I gave them to him.
We didn’t miss the meat, and if I could make it vegan without using the eggs to bind it all together, I would.
I’d also like to add green onions and more pepper into the mix next time.
Quick recipe for Chickpea & Potato Cakes:
- Shaved or grated potatoes (any thicker and they won’t cook)
- Cooked chickpeas until 10 minutes before they’re hummus-like*
- Baking Soda (to cook the chickpeas with)
- Bay leaves (Added to the chickpea cooking)
- Diced garlic
- Flour
- Diced onions
- Salt
- Pepper
- Cumin — BF wanted more cumin, I hate it being the only flavour
- Paprika
- Olive Oil — one tablespoon per full-pan fry
*Dried chickpeas that as soaked overnight are the best. The smaller the better, but the Mexican chickpeas I bought were probably too old and lost all their flavour. I should’ve bought them in the bag, not from the bins.
Then all you have to do is grate the potatoes, cook the chickpeas, let them cool while you take a break.
(Grating/shaving potatoes is not an easy task for someone as weak as I am).
Mix them all together and then heat up the pan to medium-high heat, add oil and flatten it out into a pancake style so that it all cooks quickly and evenly.
2 minutes per side or less.
Experiment with how you like them. It’s pretty tasty and the mix keeps for the next day.
OIL OF OREGANO = CURE FOR BAD BREATH
I put 3 drops of oil of oregano under my tongue, hold it there for 10 seconds, once it starts to burn (it will be super spicy like raw garlic), swish around your mouth a bit and swallow.
It tastes like hell, is spicy and super herb-y but worth it.
I do it every 3-4 days, and so far, no morning breath or bad breath the whole day.
Thanks for the tip, Mom! (Who doesn’t read the blog at all. See above.)
UNBELIEVABLE PICTURES AND VIDEOS
Goats climbing steep barriers in Italy to lick the salt!
Mubarak’s pinstripes is in a whole other league of douchebaggery:
It’s a trap! A leprechaun trap!
I am so happy Kevin of Closet Cooking made it into Google Reader’s Top Shared Items, with this Guinness Chocolate Cake (it looks amazing!):
This Red Tibetan Mastiff is almost a million-dollar puppy
Great Photo Manipulations…you can see a lot more here.
Creating my own world
If fire were made out of water
Make your own Pantone chip magnets.
A journey of journals. AWESOME idea. I’d like to try it for Asia to chronicle the best parts of each city.
Large Japanese Moleskine Album here I come!
Beautiful sterographic projection photos.
Postcards from Google Earth. Amazing how an angle can change everything.
This is what happens when you neglect customer service. Peeved off Chinese Lamborghini owner smashes his car publicly with sledgehammers in frustration.
Life is too short for the wrong job.
If you have a (212) Manhattan, NY area code, you could try selling it for a million bucks. π
Hope everyone had a safe and wonderful March.
What are your plans for April?
Congrats on the $200,000 net worth dearie. So proud of all your accomplishments.
You have to pay $400 for the pill. That is insane. In Scotland it is free. Love the red dog! And well done for hitting $200,000 net worth, that is really impressive
Free. *sigh* π
Well we do get universal healthcare, so it isn’t so bad. I don’t mind paying.
$400 for 18 months is cheap. I’d end up paying $450.
Hey you should get the IUD- it lasts for 5 years and you don’t have to take exogenous hormones. It’s about $120 up front for 5 years. I got it about 2 years ago and have been so happy with it. No ‘missing’ pills and worrying anymore π
Congrat’s on your $200,000 net worth! Gotta love those milestones.
The Japanese crisis pulls at my heart strings, too. The fact that you lose some sleep over it just attests to your compassion and empathy for humanity…nothing wrong with that, save the zzzs you’re losing.
Loved the parents and technology anecdotes. My folks do okay with technology, as does my grandmother. My grandmother actually drives me insane with all the “cute fuzzy animal” forwards and forwards about American patriotism (we’re Canadian but Grannie is obsessed with the US)
Thank you!
Well I DON’T want to lose sleep, but my brain can’t stop thinking about it. It’s everywhere I go online… “Japan, Japan, Japan”.
Wow. Your grandmother knows how to send an email?? Brilliant.. my mom should take lessons. As for American patriotism, my mom is into British patriotism. I hear about the Queen and the Royal Family almost every other week when I’m with her.
She’s obsessed with the upcoming wedding
Hey Fabulous! Thanks for sharing the journaling link. I’d like to try that…
I’m working on it right now π Documenting it in photos and loving the results, but alas, taxes have been on my mind lately.
I follow the High Expectations Asian Father tumblr, and I laugh at every single post. Hilarious.
Congrats on the $200,000 net worth! Even though it may not last this upcoming month, it’s still nice to know that you hit it, right? =)
Yeah I’ll make a note in my PDA about hitting it LOL!!!!! Then losing it. π
Thank you for the link. I really appreciate that.
All the news from Japan is so overwhelming. Before reading your post I saw the news story about the dog they found riding on a pile of debri in the ocean. The poor thing had been floating on what was left of the roof of a house for weeks.
You’re welcome, it was a WONDERFUL post. You deserve to have as many people read it as possible π
They must feel so helpless to not be able to save these people and animals. π
When I first saw that exact “High Expectations Asian Father” image I laughed until I cried. Then laughed some more. Then it was my Facebook photo for several weeks. I still love it!
AND I wish I could be in Japan to physically help right now, or visit to spend money there to stimulate the economy, my heart goes out to them. But I’ll say it again, if there’s one resilient-ass country that could bounce back from this tragedy, it’s Japan.
Every time I see the photo of Facebook from HEAF, I giggle.
That’s what I think too. They’ll pull through, they all eventually do in the end.
In Toronto, the Bay Centre for Birth Control (Bay/College) offers discounted birth control. Both my sister and I pay about $95 for the year.
GAH!!!!!!!!
I wish I knew this earlier. Thank you. Is it the Yasmin brand?
It’s great to hear about people being rescued in japan, and about how honest and helpful everyone is. I definitely admire the japanese for how well they are dealing with it.
I was going thru the pictures quietly, thinking they were all pretty awesome until I came across “Life is too short for the wrong job.” Once I worked out what the woman was doing, I burst out laughing. Hopefully I didn’t disturb anyone.
There are more like that in the link near that picture you know π I just chose the one I liked the best.