Net Worth – July 14, 2020

It’s been a while.

A volcano exploded and a pandemic hit the world since I last posted my net worth. I am fortunate that everyone in my family is healthy. I feel privileged for still having a job and for being able to work from home.

This pandemic is forcing me to re-think my life and financial goals. The thought of that overwhelms me. I’ll just start by knowing where I stand.

I hope I would be consistent in sharing my net worth every 14th of the month (a day before my pay day). I think this would give me a better picture of my financial position.

Net Worth Update

14 JULY 2020

Cash (In Bank)155,369.75
Cash (On Hand)1,400.00
(List Price less Loan / 2)
– Stocks19,809.89
– Equity Fund11,603.88
Credit Card(5,635.78)
Personal Loan
as of 07-JULY-2020
PHP 941,415.24

My net worth increased by Php 249,099.86 (34%) since November 2019.


Cash and Investments (PHP 188,183.52)

I said I would keep Php 10,000 at home for emergencies, but right now I’m almost running out of on-hand cash. I’m trying to stay at home as much as I can, but when I get the chance, I’ll withdraw money and keep Php 50,000 at home.

Condo (PHP 758,867.50)

My mortgage obligation is what I am most anxious about if I lose my job. Currently, my savings could last us 3-4 months (if my husband also loses his job and I had no access to his accounts).

I’m thinking of increasing my emergency fund to 6 months worth of expenses.

My husband also has an emergency fund in case both of us lose our jobs (our finances are entirely separate at the moment). I think it’s time for us to consolidate a percentage of our finances.


I paid off my PHP 82,587.52 personal loan earlier this year!

The PHP 5,635.78 credit card debt consists of current charges which I intend to pay in full once I’m billed.

I am so relieved I no longer have consumer debt when the pandemic hit.

Where do I go from here?

At the moment, I just want to save as much as I can. I haven’t come up with specific amounts yet, but I have to save/prepare for the following:

  • Emergency fund
    – 6 months worth of expenses
  • Possible hospitalization costs
    – for my parents who are both seniors (they don’t have health insurance).
  • My younger sibling’s college education

I couldn’t make any other plans. I feel helpless and I have so many questions. Should we still have children? Should we leave the country when things settle down? I don’t want to leave the country without the rest of my family, but if I decide to emigrate, how do I start?

3 thoughts on “Net Worth – July 14, 2020”

  1. Dropping by from Nat’s Pinoy Net Worth List. 🙂 Take it one step at a time! It is a unique period of so many uncertainties. And I guess the lesson for all of us is to be more prepared in the future. But since we’re here, let’s inch towards what we have to do slowly but surely. 😉 I hope you and your family are safe!

    1. thank you!!! i just feel really grateful that i decided to pay off the personal loan and credit card debt in January and worked on my emergency fund asap. i hope you and your loved ones are safe too!

Leave a Reply