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Sep 16th @ Network Update

Life has been less busy compared to the 1st 6 months of the year. It is still busy nonetheless except that the pace at work has slowed down comparably vs. last year. It is also good that I received my first variable bonus for the first time in 5 years at P&G. It is small though, at roughly about $5k, and am awaiting that coming into my account :)

 To recap:
May'2020
Net worth = 781,000
Liquid Assets = 335,000 (cash + equities)
Home equity = 268,000
CPF Ordinary = 30,000 (myself) + 30,000 (wife)
CPF SA Account = 55,000 (myself) + 55,000 (wife)
Miles net worth = 450,000 miles = $8,600 SGD

Sep'2020
Net worth = 831,000 
Liquid Assets = 381,000 (cash + equities)
Home equity = 268,000
CPF Ordinary = 30,000 (myself) + 30,000 (wife) 
CPF SA Account = 55,000 (myself) + 55,000 (wife) 
Miles net worth = 800,000 miles = $12,000 SGD

Networth should increase by another 15k by end Sep when i received by bumped up pay but for the time being i am not counting it in. It looks on track as i have increased my liquid assets by about 46k over the past 4 months as my wife received a nice pay bump of almost 25% (earning more than me now). 

Looks like i am very much on track to have 435k of liquid assets by January'21 (fingers crossed) and above target by 35k. 

The changes we have made last month was to totally save my salary instead as i am now earning lesser than my wife. My wife will spend her bigger pay bump but i am expecting leftovers everymonth as our habit has now been hovering around 5-6k per month only. 

I can't wait for us to hit the million dollar mark sooner!

Comments

  1. KPO3 December 2020 at 08:15

    Congrats on staying 5 years! At least there's $5k, my company didn't give any cash bonus. Just a "thank you" letter. You guys have a lot of miles! Saving for RTW?? Haha.

    ReplyDelete

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