Approaching FIRE with a balanced mindset
I came across this article from The Globe and Mail the other day. The article profiled Jeremy Finney who retired five years ago at age 41. Soon 46, he is dealing with regrets about early …
Save Money
Ways to save money so you can invest for your retirement
Maximizing RESP front-loading without sacrificing Canada Education Savings Grant
We all know that post-secondary education is getting more and more expensive. Fortunately, the Canadian government created the Registered Education Savings Plan (RESP), a tax-deferred investment account to help families pay for a child’s post-secondary …
How much do we need to reach financial independence
Over the last few years, I have written posts on our financial independence assumptions and tax consequences when we live off dividends. Originally, we thought a dividend income of $40,000 per year would be sufficient. …
Financial Independence Journey 2024 Update
Both Mrs. T and I had a frugal uprising and learned to always spend less than we earned but we didn’t focus on our finances until our financial epiphany in 2011. The financial epiphany allowed …
20 Baby Freebies in Canada 2023: Get Free stuff and Save money!
When Mrs. T was pregnant, we knew having a baby would require us to buy a few baby things, despite us being frugal. While we have the belief that kids are only as expensive as …
Random Thoughts from Taiwan, China, and Hong Kong
I’m sitting in the Skyteam Lounge at Vancouver International Airport waiting to board my flight (free access to the lounge thanks to the Scotiabank Passport Visa Infinite) while writing this little introduction section. As the …
How to pay income tax with a credit card – Does it make sense?
Income tax is one of those unavoidable things in life. If you have a working income, you most likely will need to pay income tax to the Canadian Revenue Agency (CRA). Typically your employer will …