As the year come to a close, its time for us to do our annual reconciliation and look at how we did financially this year, and then chart down some actionables for us for the new year. The new year is just next week!
Mr Budget’s Net Worth Grew 89% From 2019
For Mr Budget, 2020 has been another great year in the personal finance side of things. Mr Budget’s net worth grew 89% from S$285,000 last year to about S$540,000 this year. This represents an increase of +$255,000 excluding our mortgage and property calculation.
Mr Budget
2018
2019
2020
% Change
Net Worth
$153,000
$285,000
$540,000
+89%
Singapore Portfolio
$35,000
$77,000
$60,000
– 22%
US Portfolio
$46,000
$45,000
$250,000
+455%
Dividend Collected
$1,065
$2,140
$5,000
+133%
Mr Budget Net Worth Breakdown
This is quite a pleasant surprise and we couldn’t believe it too. Hence we dug deeper onto our finances to see what contributed to the growth and found the following:
Fixed and variable income: +S$116,500
CPF Growth: +S$40,000
US Stocks Gain: +S$80,000
Singapore Stock Gain, Dividend, Crypto Gain: + S$15,000
