Check in: Net worth $757k ($582k)

 Current net worth: $582,000 CHF or $757,000 CAD  

The increase from $457 to $582 (a $125k jump!) has come from: 

- Getting the money from the sale of the house I inherited - $50k

- Increased valuation of my apartment in Canada - $40k 

- Income from work - about $20k 

- Investment gains - about $15-20k 

Many of these things I did not take into full account last time I did this valuation. So I'm including it now. 

Upcoming expenses till 1 July 2021: 

My monthly living expenses are hovering at around $2600/month according to our finance split, but I expect this will go down as we get more efficient with our spending. $2600 (only one month left till July!) 

Trip to Canada (to see grandparents): $4500
I really wish we could have gone sooner. But COVID. It will only be me and E. Part of this plane cost will be subsidized by the travel subsidy we get, but I estimate we will be spending on other things (like car rental, travelling to see friends) so expecting that this amount will even out to roughly $2000. We will also need to pay for a hotel quarantine stay, which will be about $1300 for me and E. A COVID test to fly back will also cost $150. Other miscellaneous expenses will likely equal $1000. 

Trip to Switzerland: $3300
The flights are covered, baby! But this is still going to be an expensive trip. I'm booking one week in a hotel with points which helps, and we'll be staying with M's parents or with friends, so most of the accommodation costs are accounted for. We'll still likely spend money booking another hotel for about 4 nights ($800), there will also be train trips ($700). Other shopping, miscellaneous expenses can easily total $1500. COVID test costs will also equal about $300. 

Taxes: $8000 (Property tax and general income tax)  

Total: $19600

Upcoming income (till 1 July 2021): 

Job 1: $50000 I'm expecting an income adjustment of $15k, finally! Plus I'm expecting a lot of money coming in at the end of this contract. 

Job 2: $0 Although I'm working, the money will be offset by the costs to keep this job. Is it worth it? Apparently it is.  

Job 3: $1500 Doing some additional side work here and there. 

Total: $51,500  

Total increase in NW = $31,900 CHF or $42,837 CAD

Expected net worth July 1, 2021: $613,000 CHF or $799,000 CAD 

37% of this is in home equity, another 25% in pension accounts, and the rest is in liquid cash or ETFs. 

I've already reached 600k net worth (Or $800k in my home currency, CAD) before age 35; I'm happy with that. Again my long-term financial goals are to get to $1m CAD, or $1m CHF (stretch goal) by the time I am 40; and then up to $8m net worth by the time I retire with at least $2-3m in retirement savings. The best (and fastest) way to get there is to keep working hard - do as much as possible in my job, keep staying positive and bringing positive energy to work, which will help me to get a stable contract with all those sweet benefits, or get a better job in another organization. 

Next year, I can save about $80k or so give or take at the current pace. I'll be taking nearly 3 months off over the summer while expenses will hover at $31,200, or will even go down (Although, given I'm dying to go to a few countries in this region the travel budget for the rest of the year might be higher.) 

I'm really looking forward to being able to invest better while we're in Switzerland and Canada. By next month I will have over $100k that I want to put away in a "shopping spree" so looking forward to doing that.  

The strategy has not changed for increasing my wealth: 
1. Better investing - still haven't found a good way to keep doing this while abroad. 
2. Find a full-time job in public health - UN agency, consultancy, or university
3. (back-up) learn German, then work as a doctor