Net Worth – 1st Quarter 2021 | I left my job!

I finally got the chance to compute my net worth.

Significant financially impacting event this quarter: I left my job at the end of January and I’m currently on mini-retirement and it’s one of the best decisions I made.

That job was hell on earth and I’m glad I have ‘fuck you’ money. My last employer still owes me my final pay, but I don’t want to have anything to do with the guy anymore so I’m letting that go.

On the net worth increase

I wish I could say that the net worth increase was from investment portfolio appreciation, but it’s not. I was finally paid for a 2020 side project.

I’m still feeling chill about not being employed right now because one of my previous employers from a few years ago reached out and asked if I could come back. I didn’t commit to returning but if I want work with them again, I have until June to decide. I don’t know if I want to go back to corporate anymore. I’m thinking of cleaning houses like Vanesa Amaro (IG/amaroscleaning) or packing merchandise for my brother.

My husband and I decided to continue keeping our finances separate. We’ve been together 12+ years — don’t fix what’s not broken, right? However, we recently exchanged ATM pin numbers and online banking details (MILESTONE! Lol).

Next Steps

I need to rethink my allocations. My half of the household expenses is PhP 22,500, but I usually set aside PhP 30,000 so I could have money I could spend however I wanted and money to send to my parents.

I insisted to continue paying for my half because I feel like I would lose ‘voting rights’ in the house (e.g., I wouldn’t have the right to choose which flavor of ice cream to buy or which dish to cook). I know, it’s weird. I didn’t know I have money insecurity of that nature — something to navel-gaze about but I don’t have time for that.

Anyway, If I were to keep a year’s worth of expenses as emergency fund, that would amount to PhP 360k. Nearly half of my cash position is investable but I’m not rushing — I’m still studying the investments I’m eyeing which I am finding to be an enjoyable activity, surprisingly.

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