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Monthly Net-Worth Update — Feb 2021 — A Sad Month
By Life is a journey  •  February 25, 2021
  Photo by Micheile Henderson on Unsplash

Dear readers,

Thank you for coming here!


Time flies!

Tomorrow will mark the end of the Chinese New Year! Again wish us all a happy and prosperous year ahead! 

Here comes another monthly update of our Net-Worth.

It is a sad month!


Net-Worth increase from last month: 48.04K SGD, 1.30KG Gold

Do not be fooled by the number.

90% of the increase is due to the sale of my flat. 

The selling price is 10% higher than the estimate I put down in my tracking sheet two years ago. And it is not because I sold the flat at a good price, only because my estimate was much too conservative then.

It is pretty incredible to lose more than 120K SGD on a HDB flat in Singapore. And my lawyer introduced me to the new term “Negative Sale”.

But again, compared to

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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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