Do you dread going into work in the mornings? Do you wish that you didn’t have to spend the best hours of your day in a cubicle, doing work that doesn’t interest you? I recently had the pleasure of reading “Early Retirement Extreme“, a philosophical and practical guide to financial independence written by Jacob Lund… [Read More]
What Do You Need to Get out of the Rat Race and Achieve Financial Freedom?
What does it mean to get out of the rat race? To me, the phrase “getting out of the rat race” represents the desire and drive within most of us to live our passions and achieve our goals. If you are living the life of your dreams at a 9 to 5, then the rat… [Read More]
Weekend Reading: Six-Month Anniversary Edition
This week, my six-month giveaway contest came to a close, and I contacted the winners. I will announce them on the site as soon as I have received a confirmation from everyone. I had a decent response rate, although a few entries had to be disqualified due to invalid email addresses and similar problems! After… [Read More]
Saving on Taxes and Growing Your Wealth with the Tax Free Savings Account (TFSA)
What is a TFSA? If you live in Canada and you have not started to contribute toward your TFSA, you should start thinking about doing so! What is a TFSA? A TFSA (Tax Free Savings Account) is a special type of investment account that allows your savings to grow tax-free. It is similar to the… [Read More]
How Much of Your Paycheck Do You Need to Survive?
Last week, I compared the benefits and drawbacks of growing an emergency fund versus paying down your mortgage faster. There was a lot of great discussion and commentary on that post; however, I feel that many might have gotten the impression that I was advocating a more aggressive position than I truly believe in. I’m… [Read More]
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