For as open as I am about my numbers here, I have never really shared my overall net worth before. However, if the paperwork goes through this month, my net worth will increase by $11,000+, and I want to explain why. Note that this all sounds very exciting, but I actually made a huge mistake in this process that I’m going to be kicking myself over for a long time.
Before I started the job I have now, I worked full-time in the BC Public Service for five years. When I started, I was 22, making around $39,000/year and I thought I was going to be rich. I knew that working in the public service meant you had to contribute to a pension but, in all 5 years, the dollar amounts never ceased to amaze me. “What the heck is superannuation and why did $130 of my paycheque go to that?” The number was closer to $170/ paycheque – so $369/month, because I was paid bi-weekly – by the time I quit.