Welcome to the FindependenceCanada September 2020 Net Worth Update. This is where we track our monthly updates on our quest to a One Million dollar net worth and beyond. We have worked diligently over the last few years to go from having a negative net worth to the position we are in here today, and we hope that […]
Continue ReadingMonthly Spend Report – September 2020 (Worst month yet!)
Hello all, and welcome back for another breakdown of our monthly expenses. September was a great month for us! I had a chance to finally take time away from work for the first time since the birth of our son and we were able to use this time to get away for a vacation. We […]
Continue ReadingPassive Income Report – September 2020
Throughout these updates we will go over the previous month’s dividend income, as well as our rolling 12 month projected dividend income and our progress towards our goal of having $50,000 in annual passive income. For reference, I received my first ever dividend payment in December 2017, and I immediately realized that they needed to be a prominent […]
Continue ReadingOpening up your Child’s RESP and locking in 20% returns per year!
Hey all, so today was an exciting day for us – or more specifically I guess baby FIC even though he doesn’t know it yet. Today was the day we finally got into the bank to open up his RESP! So we’re going to go over a few perks to opening up an RESP and […]
Continue ReadingHow we grew our net worth 7x in 3 years – 3 keys
Good day to everyone, and welcome back to our blog. So yesterday, I was doing a little playing around with some of our spreadsheets and old excel files etc. as you do when you’re into this personal finance and F.I.R.E. stuff. When I was finished with my dabbling I noticed a coincidence – first off […]
Continue ReadingOur 170k Dividend Portfolio – Sept. 23rd
Hello all and welcome back for another portfolio update! Today we’re looking at our dividend portfolios and how they’ve progressed since our last update a couple of months ago! Dividends are our absolute favourite form of passive income as they are truly very, very passive. Once we’ve purchased the shares there’s nothing left for us […]
Continue Reading