My Net Worth

This is not meant to show off nor to exaggerate, but to inspire others on how to save your salary and grow your wealth.

I manage my assets like a business -- aggressively maximise the revenue while always trying to cut costs by finding cheaper alternatives or to eliminate purchases altogether. 

Roughly as follows as at 13 Apr 2019: 

 Cash (CPF & SRS)   $          210,000.00
 Cash & Equivalent   $          360,000.00
 Investment    $          330,000.00
 Car (Net Resale after loan)   $            46,000.00
 Insurance   $            69,000.00

Updated at 2024-12-25:

Total worth is now roughly S$3 million:

Cash (CPF & SRS)  $          520,000.00
 Cash & Equivalent  $          300,000.00
 Investment   $          1,750,000.00
 Property  $            400,000.00

A significant portion of the cash is "parked" in Savings Bond & Tbill waiting to take advantage of any market downturn.

I used to track every single transaction, account value, etc. on my own spreadsheet but ever since I became more busy, I just rely on my brokers app to tell me the returns and value. 

It has come quite a long way since I last updated. I have taken up a more high-paying job and I have cashed out the insurance and sold my car which is not a necessity for city-living. 



1 comment:

  1. Better to cut lost on the ilp asap. I did it 4-5 years ago. Glad I did it.

    ReplyDelete

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