We sold our house earlier than our actual financial independence date. This was because we wanted to give ourselves plenty of time in order to get the best value from the sale. So the plan was that when we sold, we would rent a temporary home until we are ready to pull the trigger and quit our jobs. Continue reading “Our New Temporary Home”
Part 1 of our master plan (as most people seeking FI) is to bring down our annual spending. As pointed out by many bloggers, you can retire on the 4% rule when you have 25x your annual spending. Continue reading “Annual Spending: How close are we to our goal?”
The new Canada Child Benefit introduced a couple years ago is a pretty generous social program that we are lucky to have in Canada. You can almost consider it being an extra salary for being parents.
As per the government of Canada’s website, the Canada Child Benefit (CCB) is a “tax-free monthly payment made to eligible families to help them with the cost of raising children under 18 years of age”.
Let’s take a look at our plan to reach financial independence. How far we’ve come and how close are we? D. and I met in 2009 with a combined debt load of approximately $30,000-$40,000 (student loans) with no real assets. Continue reading “Our Plan to Reach Financial Independence”
We have been contemplating owning rental properties for a few years. I saw my sister purchase her first (of many) rentals properties a couple years ago with no regrets so we sort of got inspired. We were just waiting for the right time. Continue reading “Rental Properties: Part 1”