Canada: Can you save too much in your Registered Retirement Savings Plan (RRSP)?
I know it sounds ridiculous. Saving TOO MUCH in your retirement plans? This is definitely a #RichPersonsProblem, but nonetheless, one that exists. However, it is true that the gove
Even with $1M in net worth, I would have been denied a mortgage
Yep. You read that right. If I wanted to go in today, and get a mortgage for a rental property or something, they wouldn’t give it to me. Why? Because banks look at your EARN
What’s your Money Origin Story?
Everyone has at least one. Your Money Origin Stories. Or what made you decide to either take charge of your finances, or a certain situation that stands out in your mind as THE def
What did you think was the epitome of being rich when you were a child?
When I was a child, I had quite a lot. We had cable TV, I had a secondhand bike, some new and secondhand clothing (mostly new because my parents are superstitious), we had a used l
What else you can use in Canada to save for your child if you have already maxed out your Registered Education Savings Plan (RESP)
So I always put in $2500 a year for Little Bun’s RESP to get the maximum 20% match from the government and the province. I don’t put in more than $2500 because at the r
Fact: Well-groomed women make 20% more
Well-groomed women make 20% more than women who don’t, even those who are naturally beautiful. Are you surprised by this? I am not. Many call this the burden of beauty placed
Reason #127592 why I need to be wealthy: People aren’t poor because they’re lazy
A big reason of why I have to be wealthy, is so I can help without jeopardizing my own future. What do I mean by that? As an immigrant, I mean being able to send back money to fami
What should my net worth be by age group (with and without homes) .. and the Top 1% Net worths
There are lots of ways to calculate what a benchmarked net worth should be. You can read all of my posts on Net Worth here. The data can be broken down in various ways. Net Worth W
Our combined net worths are $2.2M – Added Notes on the Journeys
My partner has literally zero interest in counting his money like Midas, and I am the opposite, constantly tracking and creating charts on my progress, and looking back with pride
In the world of Save. Spend. Splurge.: Wealthy, Successful & Miserable AF
1. Misery This NY Times article just proves that money can’t buy satisfaction and happiness in oneself. “It was insanely stressful work, done among people he didn’t p