Net Worth and Life Update (February 2021) – S$287,258


Written by Liz

Just your regular 27-year-old, queer, super-introverted, FIRE-chasing, frugal Singaporean, who lives a pretty good life while earning only a modest salary, but still plans to retire at age 40 with $1,000,000. Click here to read more

March 28, 2021

Hi! Welcome back to another month-end net worth and life update.

Every month, I track my net worth progress towards my $1,000,000 milestone, which is how much I need to retire early. Let’s find out how February 2021 went.

The biggest highlight of the month was, of course, Chinese New Year. This year’s celebrations were much less tiring than other years due to the COVID-19 restrictions, but it was good to have that break.

I also went to the River Hongbao with my girlfriend’s family and got to see lots of cool sights.

Singapore River Hongbao 2021
And now, let’s get into the financial aspect of things. A few things to note, as usual:

– I track my net worth in Singapore Dollars (S$).
– But I also include a conversion to U.S. dollars (US$) in my net worth update.
– At the time of writing, the exchange rate is S$1 to US$0.743.

Without further ado, here are all the numbers.

Net WorthAs at 31 January 2021As at 28 February 2021Gain / Loss
Brokerage (SG)S$143,139S$144,423(+S$1,284)
Brokerage (International)S$46,021S$47,760(+S$1,739)
As at 31 January 2021, my net worth was S$271,195, or US$203,559.

As at 28 February 2021, my net worth was S$287,258, or US$213,433.

During this month, I got paid back a massive amount of money that had been owing to me for a few years now, in cash. I never considered that part of my net worth before as I didn’t know if I would ever receive it. But now that I have, it’s awesome to see a huge gain in my net worth and a replenishing of my cash reserves. I’ve also started saving my office job salary to replenish my cash reserves before I quit my job. And I got dividends this month too!

Also, I think I mucked up my retirement account calculations earlier, but I think it should be accurate now (as at 28 February 2021).

(If you can’t view my asset allocation below, please refresh the page.)

How was your financial progress for February 2021?

As always, thank you for reading and supporting this blog.

Become a Millionaire and Retire Early on a Modest Salary Book Cover

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  1. Mike W

    Hi Liz,

    Hope you enjoyed your break.

    Glad to see you posting again.

    All the best.


    • Liz

      Hi Mike! It was definitely a much needed break, but I don’t think I’ll be posting much going forward (just minimal). So sorry about that. Hope you’re doing well! 🙂

  2. Michelle

    I was searching for how to live on a monthly $200 food budget in Singapore and i found your blog.
    Bookmarked and cheering you on.

    Makes for inspirational reading.

    • Liz

      Hi Michelle! Apologies for the late reply, but thank you so much for the kind words. Really glad that I can provide some kind of value 🙂