Spending less than you make is a big part of being frugal. Now some people will say you should never dine out but I personally don’t believe in that. In our budget there is money set aside for dining out because some times we don’t have time to cook and other times we just don’t want to cook. Once in [...]

With the current economic condition you are hearing more and more about making sure your Financial Institution is a CDIC member.
What is the CDIC ?
The CDIC is a federal Crown corporation created by Parliament in 1967 and reports directly to the federal Minister of Finance. Their sole purpose is to protect the money Canadians deposit in CDIC member institutions, [...]

Recently I’ve been on a quest to cancel all of my unnecessary expenses. This week it was the balance protection on my Visa. It was one of those relics from my youth that sounded like a good idea at the time. Its never really bothered me before since I rarely used my Visa. My America Express Platinum charge card [...]

The key to achieving success in anything is setting goals. Goals allow you to break up larger ambitions into smaller stepping-stones and successes. Setting goals at variable lengths of time also draws a map of where you need to get to as well as gauge your progression so that you can adjust your goals along the way as needed.
Goals can [...]

What is net worth?
Net worth is defined as all of your assest minus your all of your liabilities. To put it another way it is the total value of everything you own minus the total value of everything you owe. If you owe more than you own, you have a negative net worth. If you own more than you [...]

This blog has been set up as my declaration of my Findependence Day. My goal is to be financially independent by my 55th birthday!
About me
I am a 29 year old IT professional, currently engaged to a 28 year old teacher. My fiance and I live together in a condo that we own (or at least own part of… the bank [...]

Hope to have this up soon.