Category: Personal Finance
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Breaking away from the 9 to 5 lifestyle
There are three ways to build wealth: Today I will talk about having a regular job and investing the savings. We are trained to be good employees Most of us are trained to be employees, from the moment we go into grammar school to the moment we finish our university studies. The goal of our…
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Losing my status as financial independent
I hit my number, the FIRE number, the number that allowed me to tell myself and the rest of the world that I was financially independent. But my triumphs only lasted a few months; October, November, December 2021, January, and February 2022. Then the stock market started dropping, and dropping some more and I just…
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3 Personal Finance Tips That Can Change Your Life
In a recent survey, as many as three out of five families say that they don’t feel financially comfortable. Although the economy has a lot to do with it, sometimes financial security comes down to the simple act of knowing how to manage your money wisely. If you’re ready to start moving towards financial security,…
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TFSA will be increase to $6,500 for 2023
About 20 years ago, when I used to prepare taxes for fellow students and low income friends, they were always astonished by the amount of taxes we pay to the government. Many times, when people saw the money taken out of their paycheck they would ask me: “How can I pay less taxes?” This is…
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NFTs were great for the artists, but bad for investors
There has been a lot of Buzz about NFTs and people are wondering whether they are a good investment. The answer is a big MAYBE, but most likely, they are NOT an investment worth considering. Let’s start by answering the question What are NFTs? NFTs stand for non-fungible token. In short, it’s a sort of…
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Save money and save the environment, Dump your car
I used to be a car owner. Since I was a little kid, I always saw car ownership as a symbol of independence, autonomy, and as a status symbol. Now, whenever I see people driving big SUVs, the first thought that comes to my mind is this: Those people are assholes! The second thought that…