Today we’re going to do our best to create some realistic, though challenging personal finance goals for ourselves. After completing 5/6 goals in 2020 and being fairly close on the numbers we’re going to be trying to use that momentum and push ourselves just a little bit further in 2021. These goals may not all […]
Continue ReadingReviewing our 2020 goals – Achieving 5 of 6!
Is a year ever a long time? 2020 being an extraordinary year in many many ways, with all of the ups and downs through covid, the ensuing stock market crash and recovery and the tanking of oil that led to layoffs in my workplace by the time we’ve reached the finish line I honestly can’t […]
Continue ReadingWe’ve made it to coast FIRE – A financial independence milestone
So I’ve seen a few instagram posts recently that mentioned various stages of FIRE and where different people rank on this climb to total financial freedom. One of the major milestones (in my eyes anyways) is “coast FIRE” which in my opinion is the first step of financial freedom not counting just being debt free. […]
Continue ReadingNet Worth Update – December 2020 ($400k and not a moment too soon)
Welcome to the FindependenceCanada December 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 – November 2020 ($7,740)
Welcome back for another edition of our monthly spend reports. If you’re new, we use these reports to force us into tracking our spending and holding ourselves accountable. We also break down our income for the month and see whether we’re positive or negative cashflow for the month. An arbitrary goal we’ve laid out for […]
Continue ReadingPassive Income Report – November 2020 ($9,128.38)
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 […]
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