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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