Here is my May 2014 dividend income. May has been an excellent month and we are well on our way toward meeting our annual goals of increasing our net worth to $700,000, being mortgage-free in early 2015 and hitting the $2500 in dividends mark. I managed to earn some … [Read more...] about May 2014 Dividend Income / Monthly Highlights
Here is my June 2014 net worth update. I like to track my family’s progress through monthly net worth updates. To calculate our net worth, I add up all of our household assets and subtract any outstanding liabilities (ie. debt owing). The result is simply a snapshot of what my … [Read more...] about June 2014 Net Worth Update: $621,018.23 (+1.48%)
Canadians quit being so boring with the Tax Free Savings Account (TFSA)! A few weeks back, I read somewhere that half of eligible Canadians haven’t bothered to open a tax-free savings account (TFSA) and of those who have, 75% of their money is parked in a savings account earning … [Read more...] about The Tax Free Savings Account (TFSA): More Than Just Another Boring Old Savings Account!
And now for a post on one the most commonly searched topics on the web: how to become a millionaire. How does one become a millionaire? It's probably one of the most searched questions on the Internet. Countless books and articles have been devoted to the topic and there are … [Read more...] about How To Become a Millionaire
This post looks at how to pay off your mortgage faster. One of the biggest milestones on the road to financial freedom is owning your own home. Yet for most people, the reality is that being mortgage-free is some far off dream in a distant future. In this post, I want to look … [Read more...] about Pay Off Your Mortgage Faster