Category: Personal Finance
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I made it to $500,000. I am a half millionaire.
It has taken me about 21 years to accumulate $500,000. While my achievement may not seem spectacular, I am incredibly proud of it. I have been in Canada for 26 years (I arrived in 1998) as an international student. Since I didn’t have much money, I had to go to school during the day and…
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From Flashy Sports Cars to Financial Freedom
When I was a teenager, I dreamed of having a fancy car. I devoted all my energy and effort to owning a sports car, and I finally succeeded. That car was my biggest pride, but it was also the main reason why I was broke. I was constantly improving it, making it flashier and faster,…
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Poor People Stay Poor Because They Are Afraid of Being Judged
Poor people stay poor because they are afraid other poor people will judge them for trying to get rich. -Dave Ramsey I think this is very appropriate, we are victims of our environment and we are deeply influenced by the people around us. I have a few friends who are rich, and I try to…
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Turning Inflation into Opportunity: Strategies for Thriving in a High-Cost Economy
Inflation is high, and I can feel it. Food costs more, going out to restaurants costs more, and the cost of housing is going through the roof. Many of my friends are nervous and unhappy, and most of them are looking for solutions to cut costs. Cutting costs is easy: you buy the bare minimum…
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3 Tips for Hosting Private Business Meetings at Home
Hosting a private business meeting at home can be both convenient and cost-effective. Still, if any meetings are going to be successful and productive, you want to create an environment that is both professional and comfortable for your attendees. Whether you’re discussing important business strategies, negotiating deals, or brainstorming new ideas, here are 3 helpful…
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From Financial Hardship to FIRE: My Journey to Frugality and Financial Independence
Today I would like to speak about frugality and why am I so frugal. I have always lived a frugal life, but now as I am transitioning into retirement, I am questioning my frugality. When I came to Canada, as an international student, I experienced financial hardship, like most college students. I was working under…