Personal Finance
Monthly Net-Worth Update – Aug 2020 – biggest increase since Feb
By Life is a journey  •  August 27, 2020
Dear Readers, Thank you for coming here. It is August, time for harvest! We had our biggest monthly increase in Net-worth, since Feb, the month when my salary stopped. Below are some details. Net-Worth increase from last month: 32.57K SGD The increase is mainly from my freelancer pay and, of course, the STI dividends. Part of my freelancer pay has landed this month. It is equivalent to roughly two month's pay. According to the arrangement, I would have another 3 month's pay coming. Our next contract signing is imminent. Hopefully, the 3 month will follow soon. Another major reason for the increase is the STI dividends. Due to our entry at the highest point, we are still in the red. We will just leave it there for the long term. Investment: 2.94% annualized return, incl. dividend  [I just realized a mistake in my last month update. The investment return indicated there was not time weighted. I must have looked at the wrong column....
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By Life is a journey
A white-collar and a father of 2, who would like to share his journey to Financial Freedom for both his own record keeping and hopefully inspiration for others on the same journey.
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