Financial Independence – June 2019

Hi everyone! Here is my FI update for June 2019 end of 2019Q2. My FI goals are outlined here! Last FI update as at 2019Q1 here! For 2019Q2, we were again great savers with very few surprise expenditures. Even with our Wedding occurring in this quarter, we came out with very positive financial results. Broadly, …

Financial Independence – December 2018

Hi everyone! Here is my FI update for December 2018 end of 2018Q4. My FI goals are outlined here! Last FI update as at 2018Q3 here! For 2018Q4, we had a number of large expenditures, repayments and the downturn in the broader equities market. Large expenditures - I'll admit, we spent a fair chunk of …

What’s the Impact of Social Media on Your Savings Rate?

It has been a busy few weeks for me as I am acclimatizing to a new and much busier job. In addition, Wedding tasks have been getting done and I was in need of some downtime. So the blog was put on hold. I am also going to be needing to write another actuarial exam …

Financial Independence – September 2018

Hi everyone! Here is my FI update for September 2018 end of 2018Q3. A month late is better than no update, right? My FI goals are outlined here! Last FI update as at 2018Q2 here! For 2018Q3, we didn't have any extra large expenditures. We spent some time in Germany but those flights had been …

Where should I start saving money first? How to choose between Savings Vehicles in Canada

We've discussed some of the various savings vehicles and types of investments that can be made in some earlier posts. Armed with that knowledge, a logical next step to ask is "Are these saving vehicles all the same?". Well, not exactly. Not only can you prioritize different saving vehicles depending on your income, but as you …

Avoid The Impulse

Last weekend was the Canadian Thanksgiving long weekend and Mrs FN's birthday! I took a break from posting to spend time with Mrs FN's family, have some turkey, watch hockey, and help cover the in-laws' pool for the cold weather approaching. But I'm right back at it with another post on Frugality techniques! What is …

Study Up On: Building Wealth

Last week I talked about how I'm starting a new job. I was only at my current job for about 8 months before providing my notice, so I wanted to give at least 3 weeks notice for proper transition of projects and give them a bit of time to fire up the ol'hiring process. The …

New Job, Old Career, Bold Move

This week's post is less about advice and more about a change in my personal life. Background For the first 5.5 years of my career, I worked in the Group & Health insurance sector (The types of insurance offered by your employer). I began the journey as an analyst and capped off my career in …

Booked: Get Rich With Dividends

I read another book! Yay! Well...this was awhile ago, but figured I'd give it a review as I particularly liked the concept. (And make it look like I'm keeping up with my goal of reading more). What am I reviewing? Get Rich With Dividends by Marc Lichtenfeld. A colleague and friend of mine recommended it …

Study Up On: Canadian Savings & Investment Vehicles – Where To Start?

Do you think saving and investing looks something like the laptop screen in the picture above? I can safely say it does not - not even close. Nowadays, platforms are super easy to use from Tangerine Banking to Questrade (Credit Unions and the Big Banks also have pretty intuitive sites from what I hear, but I …