It surprises me to this day the number of people who still purchase TV packages here in Canada. This article I found in Global News says that, based off a 2017 telephone survey of 4,156 Canadians, 1-in-4 households are cord cutters. This means they do not have a traditional TV subscription. The number of people … Continue reading Cord Cutting
Do you think saving and investing looks something like the laptop screen in the picture above? I can safely say it does not - not even close. Nowadays, platforms are super easy to use from Tangerine Banking to Questrade (Credit Unions and the Big Banks also have pretty intuitive sites from what I hear, but I … Continue reading Study Up On: Canadian Savings & Investment Vehicles – Where To Start?
Buying or renting your place of residence - what should you do? There are probably hundreds of thousands of articles contrasting the two paths scattered across the web. These articles will give you anything from in-depth analysis to general guidelines. Buuuuut regardless of the amount of content out there, I like sharing my own point … Continue reading Housing – Should I Buy or Rent?
Happy Sunday everyone! I took a big step personally last week, as I actually outlined my financial goals. As a natural follow-up to that, here is my first FI update comparing January 1, 2018 to July 1, 2018: Observations Debt? Firstly, we are luckily in a position where we have virtually zero debt. At the moment, … Continue reading Financial Independence – June 2018
One of my goals for this blog was to create more accountability. I wanted to start reporting my financial goals to be better, more capable, avoid consumerism, be environmentally aware, and save money along the way. So what are my financial goals? Currently 29, I aim to achieve FI by 45, and retire by 50. … Continue reading Financial Independence – Outlining My Goals
Now for the final installation of my Big Three series! For the finale, we will be talking housing. As discussed in the kick-off to this series, shelter* makes up 14.7% of median income, or $17,509 (2015). The Frugal North's StatusThe FN household is currently paying $1,860 a month for shelter costs. This amounts to $22,320 … Continue reading The Big Three – Part Three: Housing
Welcome back for Part Two! Last post, we discussed how Food, Transportation and Shelter make up 47% of median income in Canada. This week, the focus will be on Transportation which is a whopping 14.7% or $11,909. TRANSPORTATION In the FN household, we have one car for the two of us. And it's a real … Continue reading The Big Three – Part Two: Transportation