Tax season is here so don't forget the one Essential Tax Deduction for Canadians. In Canada, the number 1 tax deduction for high earners is the RRSP deduction. If you're a high earner and in the marginal tax bracket of 40% and over, then contributing to your retirement plan … [Read more...] about The One Essential Tax Deduction for Canadians
February 2022 Net Worth $1,637,706
Hey Everyone and welcome to our February 2022 net worth update. We are at the $1.637 million mark! We basically broke even in January. We're up a measly $1.5k! The markets took a dive and we are still being super conservative with our financial strategy this year. The … [Read more...] about February 2022 Net Worth $1,637,706
December 2021 Passive Income $3,875
Welcome to our December 2021 Passive Income report. This is where I track our investment income from dividend stocks, index funds and exchange-traded funds (ETFs). We earned over $3,875 in passive income from investments and online sources in December! Our long term goal is … [Read more...] about December 2021 Passive Income $3,875
January 2022 Net Worth $1,636,201
Hey Everyone and welcome to the January 2022 net worth update. We are at the $1.636 million mark! December was a decent month and we're up $21k! It's to be expected considering our conservative financial strategy this year. Our net worth keeps steadily growing and we're well … [Read more...] about January 2022 Net Worth $1,636,201
November 2021 Passive Income $1,145
Welcome to our November 2021 Passive Income report. This is where I track our investment income from dividend stocks, index funds and exchange-traded funds (ETFs). We earned over $1,145 in passive income from investments and online sources in November! Our long term goal is … [Read more...] about November 2021 Passive Income $1,145