Personal Finance
Bonus recharge with lower expenses and higher net worth
By Finance Smiths  •  April 2, 2020
I updated our net worth Google Sheet last night with the end of month numbers. Since we invested a significant amount of cash into the markets in the last 2 weeks, the cash balance went down by a lot. My bonus was paid on the last day of the month so it helped to top up our cash balance. Our investments asset value went up from investing the cash and so did our retirement funds from the CPF contributions. The mortgage liability dropped from us paying the housing loan instalment. The next effect of all these movements meant that our net worth still increased from last month. But the percentage increase is the smallest it has been for the past several years. And even the bonus payout did little to mitigate the falling markets’ impact on our net worth. Such a disappointing end to the quarter but understandable given the...
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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