The most valuable currency is time – choose how you spend yours
The second to last post in this series is all about making sure your front end work has been worthwhile. If you've spent years side hustling, investing, and delaying gratification, you definitely want to enjoy every possible moment of your well-earned "retired" life (regardless of whether or not you fully retire). Forget the golden years, [...]
Welcome to part 3 of our retirement series, where we're diving into the wonderful world of friendships, and how they are most certainly not exempt from the multi-faceted impacts of retiring. There is study after study after study documenting just how important friendships are in terms of a person's happiness. Healthy friendships give us a [...]
"So what do you do with all your free time!? Don't you get bored?" This is my second favourite (albeit a combo) question that people ask us now that we are "retired". When people ask this question, I feel like it underscores the misconceptions surrounding the pursuit of Financial Freedom, and early "retirement" as a whole. [...]
I've decided to dedicate the month of April to writing about post-retirement and some of the interesting lessons we've learned venturing into this chapter of our lives. While early retirement is definitely the cat's meow - like everything in life, it comes with its own unique demands and challenges. We'll delve into some of those [...]
Back in the pre-Mr. Money Moustache days, before FIRE was its own stand alone acronym, and before personal finance blogs were sprouting up everywhere (man I really should have started my blog back then), Mike and I were in the very beginning stages of fumbling our way towards a goal Mike had aptly entitled "Freedom 35". [...]
Amidst all the budgeting techniques, savings tips, spreadsheets, investment strategies and travel hacks floating around the personal finance and FIRE worlds, there's a really integral question that is often overlooked. Why do you want Financial Independence or Financial Freedom? I believe the question is rarely posed because on the surface the answer appears obvious. But [...]
Though one might think a government introduced education savings tool would be structured to be simple to understand, Canadian Registered Educations Savings Plans (RESP's) are instead one of the most complex tax advantaged accounts in Canada. God forbid the Canada Revenue Agency (CRA) make saving for your kids education straightforward! Annnnnnnyhoo. Irrespective of my views [...]
Choosing the right school for your kids isn't a hot topic in the Financial Independence/Financial Freedom community, but it probably should be. Public, private or home schooling, each comes with its own financial implications that need to be factored into your overall plan in achieving FF. For anyone planning on having kids, or with young [...]
Saving money is a trending topic these days. In fact, nearly a third of all New Years resolutions made for 2019 related to saving money in some capacity. It's fantastic to see so many people taking such an avid interest in reducing debt and increasing savings, but unfortunately stats show that a mere 4% of [...]
Knowing if and when to join finances with your partner can be difficult questions to answer. And because it is a difficult decision to make, people tend to default to the easiest option. Do nothing and maintain the status quo. But how we structure our banking can speak volumes about us as individuals, as well [...]
