In this month’s net worth computation, I moved the outstanding loan component of our conjugal property to the liabilities section. In previous months, I listed the value of the property net of the outstanding loan*.
|Cash (On hand)||1,400.00||1,400.00|
|E-Wallet (e.g., GCash)||825.70|
|Investments (Market Value)||41,660.73||31,413.77|
|Condo (Conjugal – List Price/2)||1,303,500.00||*758,867.50|
|Personal Loan or Credit Card||0.00||(5,635.78)|
|Mortgage (Outstanding Loan/2)||(553,802.45)|
as of August 14, 2020
My net worth increased by Php 27,676.48 (2.85%) since last month.
I can’t find words to express how grateful and fortunate I am that I am still able to save right now. I intended to save more, but I didn’t feel like it.
Expenses increased this month due to the following:
- My husband and I decided to buy more of our food from friends and from other small businesses. More food deliveries also meant more ‘tip’ expense to delivery people.
- We contributed money for the laptops of my husband’s nephews.
- I got suckered into online shopping.
This quarantine is seriously getting to me.
The last time I saw my parents, brother, and pamangkin was February. I miss them. I also miss walking in a park surrounded with trees.
I stopped checking the news entirely and distracted myself with online shopping. I don’t want to beat myself up over this, but I learned that I’m susceptible to overindulgence when I detach myself from what’s going on. Although I have to admit — it was really good to chill for a bit. Next time I need time off, I’ll direct my energy towards activities that don’t involve spending money.
Next month, I’m anticipating huge expenses.
- House Repairs – My parents’ house needs repairs which we hope would be completed before typhoon season officially comes.
- Sibling’s Laptop – My younger sibling will start distance learning soon, so I’ll need to buy a laptop and computer accessories.
Overall, I am glad to be in a better mental state compared to last month. I’ll try to be more present and avoid thinking too much. Maybe I’ll consider this year as sort of a gap year. We’ll see.