Financial Statement – March

March was a pretty good month. I am very proud to say that we were able to increase our net worth by 6.5k mostly due to the fact that we did not spend much + some extra cash that I got from my previous employer.

Cash 50,700
Peer to Peer 857
Pensions 74,980
Security deposit for current house 4,000
Rental Property #1 100,000
Rental Property #2 133,000
Debt (Rental Property #2) -94,000
Total networth 269,537

Savings rate = 52%

I am still waiting for property #2 to be completely built in order to officially buy it. The property is not officially mine yet, I have just paid part of it in advance while it was still in construction. There is always some sort of risk in these businesses, I have to admit I am nervous and I will be until the day I get to sign the contract!

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