Welcome to my personal finance blog. I created this site with the goal of helping others get their finances on track. I write articles on investing, show families how they can save money day to day, and talk about some of the best practices where financial independence can be reached with time.
My name is Braden and I live in Canada. I am a home builder who graduated with a bachelors degree from university and live with a family of three. Progressing through life, I have realized that the early education system in North America has many flaws. It doesn’t teach enough about finances, explain the right purposes of investment vehicles (or even what they are), or talk about some of the very simple principles on saving. On top of that, there is a well received notion by society that by eventually owning your own home, you can finally find yourself in a place of financial independence. This is all wrong, and I have seen it first hand. I wish people would understand this early in life, or even later. Living on government old age programs or by banking on your pensions (not a guarantee) will not put allow you to live your best life possible
On a quick note, the average individual in society will go though life without taking financial responsibly until their retirement years approach. In Canada and in the United States, the statistics on savings are sad. Most families are a pay check or two from insolvency, and with house prices still increasing (a whole other issue on its own) and the cost of living rising, more people are struggling day to day.
My goal is to teach everyday people on ways that financial independence can be achieved earlier in life. Most of the articles will be focused on understanding and and learning about investing , explaining the purposes of investment vehicles (TFSA, RRSPs, etc) and how they differ, and a huge list of places where people can easily save money (or make extra) day to day.
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The method is the most hands on method of investing. However, if you do it smart (duh), investing in real estate can generate additional sources of income and grow your savings. As an individual who has literally grown up and lived in the real estate world, I see first hand the few positives and mostlyContinue Reading
Finding a second source of income may be one of the fastest ways you can achieve financial freedom early in life. This is because most jobs are limited to a set amount of hours with a maximum pay. With housing and living expenses eating into the bulk of your savings, there is only a setContinue Reading
Is there anyway to invest your money safely? Absolutely. God-forbid that you put your money in a GIC or let the bulk of it sit cash. You sadly won’t even beat inflation. If you can’t beat inflation you mine as well just burn some of that saved cash every year. Does that paint an awfulContinue Reading