When I first started this blog in 2010, I only had about $300K of financial assets. I thought that was a lot of money back then, but as I learned more about personal finance I realized that it’s actually not that much. The average household net worth in Canada today is $400K. I looked at other people’s balance sheets… Read More »
Earlier this year I wrote about buying a Saskatchewan property at an auction 🙂 But I had to raise $25,000 by the completion date, or I lose my deposit forever! 🙁 The seller has since pushed back the original completion date to October (lucky me) but regardless of the extension I’ve successfully secured the rest of my downpayment… Read More »
Last year I wrote a post about the power of having multiple income streams. I advocated for the compound income phenomenon, which I think is very important for building wealth. If you’re not familiar with that article I recommend reading it first. So far using multiple incomes have continuously benefited my personal finances so I’m pretty confident about this theory 😉… Read More »
Recently read in the news that the average Canadian household now has a net worth of $400,151 CAD, a record high. Yay, time to partay＼(~o~)／ This is great news because more money translates into better purchasing power so buying goods and services become more affordable, relatively speaking. I didn’t know exactly why my net worth has been going up… Read More »
Last month when I increased my farm’s value, I wrote that it was “the easiest $2,500 I’ve ever made.” I just held onto an investment and the market did the rest :0) By the end of April I was so ecstatic to find my net worth has climbed by $5,200 in just one month 😀 Well just when it… Read More »
It’s almost been 5 years since I started this journey to financial freedom. How am I doing so far? As shown on the right side bar I’m making about $5,100 of dividend income a year 🙂 Which is only about 20% of my annual living expenses. So it appears I still have a long way to go but… Read More »