December/ 2020 Review

This year has definitely been a roller coaster. I was fortunate to have employment throughout the pandemic, granted I changed jobs several times to get where I am now. Hopefully I’ll be able to return to my old job once things clam down. I was able to spend less money and tackle some big debt. I paid off my car loan, paid down a huge chunk of credit card debt, and in a couple months, I’ll be tackling student loans and be so much closer to being debt free. I was able to go from a negative net worth, to being worth near $11,000! Looking through the past I had good weeks and bad weeks. I wasn’t as consistent as I’d like with being in my budget. I was lucky enough to stay calm during all of the market volatility and have been rewarded for keeping everything in place. I had a week where my net worth dropped over $3,000 and other weeks where I gained the same. My goal is to be debt free by the end of 2021 although my spreadsheet says that I should be debt free by April 2022. If I can keep doing side hustles and push any extra money to my debt, I hope I can beat my spreadsheet.

Chocolate is definitely my weakness. With all of the video chat family gatherings for Christmas, we had 3 sets of grandparents send us holiday care packages with enough cookies, sweets and candy to feed an army. My self control was more like self indulge. this coupled with snow causing me to walk and not run deliveries, I have not been as active as I could be. Luckily, the snow means that outdoor ice rinks should be open so I can start playing hockey and if the ice isn’t ready, snowshoeing. Definitely cutting back on unnecessary food.

2021 Goals:
– Be debt free
– get down to weight goal of 160
– finish bookeeping diploma
– (after debt payoff) get emergency fund to 6 months

Total Assets: $45,890.96
Total Liabilities: -$35,162.58
Net Worth: $10,728.38
Monthly Change:+$505.81
YTD change:+$16,140.45

Weight: 185.2 lbs
Monthly Change: +5.0 lbs
YTD Change:-20.3 lbs

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