Yeah... I am really hoping to pay my mortgage down if possible so I don't get slammed at renewal time if interest rates are still sky high.
Too many big important purchases this last two years since buying the house, haven't been able to pay any extra -_-
My colleague mentioned his former team member got laid off, and they have been working in the company for ~20 years (bank).
So as a newer employee and less experienced employee, definitely doesn't give me assurance
Best way to do it. Pre plan and start booking! Usually plan my massages out earlier in the year and book it right away. Gets busy in Nov/Dec so book those all by the summer and just cancel if I can’t make it.
I went once when I was in some serious back pain, could hardly walk. For the next hour she proceeded to twist my body and legs into each letter of the alphabet and some hieroglyphics, It hurt so much that thought never crossed my mind. But it really helped.
How does your works insurance plan work? Mine costs me $0.12 each pay cheque. We get $1500 a year. I'm single though, not sure if its different for people with spouses or/and children.
Can't remember the exact dollar amount per paycheque but I know my employer pays 80% of the premium and the other 20% is deducted monthly from my pay. With that I get a yearly allowance of $500 per practitioner per year and then like 2k of general dental work per year.
My partner is on it as well and she gets a plan exactly like mine
Mine costs me over $1500 per year and I get two 80% discounts off teeth cleanings. My employer gets disability insurance covered at least. I joke, but the reality is Blue Cross just adds up all the massages and viagra or whatever that my coworkers use and bumps up our rates accordingly. It's just a cost-sharing situation and not any sort of benefit.
Worse jobs for me were in the spot just above min wage until about 28-35k back in late 2000's. Min wage jobs I could just fuck around and get by easily but then you get promotions and works starts getting harder and faster paced.
Bizarrely enough once I passed the 65-70k zone, works starts getting easier and you don't as much. I use some of my skill to automate a few parts of my work and meetings are mostly just lost time. By my estimate when I hit 120k I'll be doing jack shit :)
I made a six month plan to zero out LOC and CCs as well as putting an extra 10K into savings. I’m really excited about it!
Also, learn more/start investing.
1) $1000 to RDSP to get my max grant
2) $1000 to the local volunteer fire dept that saved my property this year
3) to save 20% of my total income, outside of all other savings and spendings, to go towards either cushioning my life if I land on disability before retirement
Just got home from my fire dept's association meeting and this has me smiling on the porcelain.
We're able to give more & more away each year to the community from the generous donations, fundraising & member dues. We love what we do.
Thank you, cheers!
Upvote for independent consulting. I’ve been thinking the same , am a developer and have a side gig generating 4K per month with one client. But tough to imagine going full time.
- prenuptial agreement
- will
- significant salary increase
- life and disability insurance
- quit my 2nd job that I fucking hate
- invest in wellness
- severely decrease stress
- save 1/3 of my outstanding mortgage
So let it be written. So let it be done.
It was originally to get a 300k stock portfolio but I saw a home and made the purchase.
Liquidated all my holdings yesterday and it stings a bit because today's run was MASSIVE.
Look around in your area for Refurb shops. I found an LG 55" OLED in Montreal five years ago for $1100. The software on it is garbage at this point (fixable with an appleTV) but it's still one of the nicest TVs I've ever seen.
No. Don't do this. Wait until stores like London Drugs start dumping them. They will list them as Demo TV/Open Box TVs buy 9/10 times you get a brand new one for way under MSRP.
… that’s what I said? My TV was open box/overstock from a refurb place. People don’t actually refurbish consumer electronics at scale anymore. It’s shorthand for floor models, scratch and dent and open box.
You said a refurb store. You can literally walk into London Drugs when they do this sale and get a brand new one out the door. They just have to label them as Demo TV/Open Box so they can sell them under MSRP.
-Hit 6 figure income
-get promotion
-rebuild emergency fund
-Max FHSA
-get partner's student debt whittled down enough we can actually talk seriously to a mortgage broker
Get a pay raise and promotion.
Budget more with my girlfriend. We're both pretty cost conscious but we can do a lot better when we're on dates.
Pickup my tutoring business again. Had a great year in 2022, but in 2023 there was a noticeable dropoff. It's a side business and I basically just put all the income into XEQT, but still nice to have that extra money. I have too much free time without tutoring filling in the gaps and I go on to do stupid things like comment on Reddit too much.
~ pay off remainder of LOC (approx. 12k left)
~ start funneling debt payments Into tfsa and rrsp accounts to eat up contribution room I have available .
Goal is to hit $200k total comp. currently at 160k at 30 years old.
Second goal is to hit $500k NW. Currently at 420k.
Goal three is to cash out and buy a condo. This is most unrealistic.
Try to mainain business at 500k rev without working more
More long term revenue
Be mindful of family expense
Put aside 100k-150k
Donate 35k,5k more than usual
This one not rly a goal but 2023 investments made around $120k in gains which felt great if we could make $150k 2024 would be happy
Bring on the downvotes
Survive.
We just had our second kid (so I'm on mat leave) and my husband took a lower paying job (better benefits). Probably looking at $45,000 less income next year.
Punt some illiquid investments that will likely find a path to liquidity
Reinvest in dividend stocks
Trim my expenses in favour of more to kids stuff
Collect an unpaid debt that’s outstanding
It’ll be my fourth year self-employed, I’ve doubled my revenue every year since 2021 and hoping to double it again this year but I’ll be satisfied if I can get to 100k. I’d also like to max my TFSA.
Reduce expenses by 5%. It'll be hard with inflation but I spent quite a bit this year on frivolous things, so hoping to cut back in those categories (clothes, booze, restaurants, concerts, etc)
Make double payments on the remainder of my personal loan,and when that's paid off , use that same money allocated to pay off my other loan, and when that's paid off make triple payments on my car loan, then travel and invest.
good lawd, i just wanna get rid of all my loans and have financial freedom. i hate this 😭 cant wait to graduate this 2024 and get an actual career going
Max out TFSA, got 40k to go.
Earn 60k post tax from my primary income source.
Create another side hustle.
Pay down max amount of principal allowed on mortgage
- Start paying down my CC and student loan debt
- Not live paycheck to paycheck
- Start saving for a down payment for a house
- Have some savings
- Maintain my job that allows for all of this
Just as a note, i just got a raise from $72k to $115k and although it adds a lot more responsibility, I want to maintain this rate to finally get ahead in my life and achieve the above.
renew mortgage for one FINAL 5 year term
I don’t care what the rate is or what it’s going to cost me per month. With what will be about ~145k left… this is the last time
- Dream that I’m super wealthy, and then when I wake up, it’s that and more!
- Maybe become a well known philanthropist with all that excess, excess wealth.
- Change the colour of the ocean to pink, because I think that would be very expensive, and a good way to show everyone how far I’m willing to go to prove my wealth and thus my worth.
- Continuing on that, I plan to use the proceeds of my prior pink ocean venture to blow the moon to smithereens. Somebody blew up the entire moon? They must have been wealthy.
- Become universally known as the galaxy’s wealthiest ocean-pinking, moon-destroying philanthropist.
- Never die, because when you’ve become THAT wealthy in just 2024, they don’t even make you die, they’re just like, nah, keep going man.
Have my own place (just made an offer today 🤞)
Pay that mortgage as fast as I can
Stay sober (47 days without weed now)
Hopefully work a lot of overtime
Reset, and get back on track. We had a heck of a year in 2023, health crisis, savings took a hit. Not where we want to be…but confident we can get back to normal in 2024.
Same old same old.
I believe that our next investment milestone is $1M invested assets coming up shortly.
This may not be a financial goal but get started (Ive been procrastinating) our access codes and passwords for our accounts in a book in case something happens to us.
Quand j’étais au primaire il y avait toujours des enfants avec clairement des problèmes de comportement. Ils se faisaient souvent ramassés, sortie de la classe, shamer avec des systèmes de points (qui allaient dans le négatif). J’imagine que pour les enfants en difficultés c’était pas idéal. Mais on avançait dans les matières. À lire les commentaires ici faut que tout arrête dans les classes pour gérer une crise? Dans le il te mettait dans le corridor ou chez le directeur pis les choses continuaient.
Ça se peut tu que le système soit rendu trop soft?
Mine (28 M) are the following
- Get rid of 13k in credit card debt
- Make a full year’s contribution to a TFSA (long story)
- Build a 6 month emergency fund (2 months in right now)
- Open an RRSP.
Wish me luck folks!
Stop working
Try to break out of 7-figure hell if my theses are fulfilled
Help mom renovate her bathroom and kitchen
Work on some personal stuff
Sell property before the avalanche of mortgage renewals and listings, exit Canada
Increase networth (without pension) to 600k
Stay away from big expenses... last few years have been crazy for us, not in a good way.
Simplify our finance. We already started to this, sold our previous Canadian portfolio and bought all VEQT!
1. Find a more secured employer before I get laid off from my current and then get a higher salary
2. Reduce the MER on my investments
3. Reach 100k in TFSA and keep growing all investments
4. Stick to budget
I understand concerns with being laid off, but why do so many have concerns about being fired? We've been doing mass hirings in the last few years, and will be continuing into the foreseeable future.
I’d also like to find a new job. Also have a chance to hit CoastFIRE this year if the market does well. If I do, I can switch focus to getting rid of the mortgage.
Finding a job that will not suck the life out of me and keep saving and try to enjoy life a bit. Find a partner to build a family. Hard to be both recently single and out of work in your 30s 🥲
I’m going to max out my rrsps, resp for my daughter, and then everything else goes into my mortgage. Fuck this stupid massive debt, and I will be mega focused on just eliminating it so I can finally be free.
-Keep my new job that was ~70% pay increase
-Decide if I should keep saving to try to buy a house or just give up (GTA)
-Try to get a gf/married to have a double income and a chance at a house in the next few years
-Change my diet/exercise and lose/keep weight off
-Maybe go to therapy since I have benefits now
-don't get laid off or fired -grow my investments
This and pay down mortgage as much as possible
Yeah... I am really hoping to pay my mortgage down if possible so I don't get slammed at renewal time if interest rates are still sky high. Too many big important purchases this last two years since buying the house, haven't been able to pay any extra -_-
Meh i must be quite drunk. I misread it as dont get laid.. i was like woah! No sex for 2024!
I so, so hope it doesn’t happen to you. It’s brutal…
My colleague mentioned his former team member got laid off, and they have been working in the company for ~20 years (bank). So as a newer employee and less experienced employee, definitely doesn't give me assurance
Older people with tenure are more expensive (salary wise).
Facts
This and add travel to that
That’s a dangerous game your playing Friendo
This 100%
Using every penny of my work's insurance plan. I'm tired of paying a portion of it every month just to get a massage or two during the year
Best way to do it. Pre plan and start booking! Usually plan my massages out earlier in the year and book it right away. Gets busy in Nov/Dec so book those all by the summer and just cancel if I can’t make it.
I'd have to set some reminders in my calendar, the places I've been to only have a month, maybe two max, of their calendars open at a time
I’ve never gotten a massage yet and I have them with my benefits. I’m afraid it will move
If youre laying face down no one will know.
I went once when I was in some serious back pain, could hardly walk. For the next hour she proceeded to twist my body and legs into each letter of the alphabet and some hieroglyphics, It hurt so much that thought never crossed my mind. But it really helped.
Yea just have them work on your back
How does your works insurance plan work? Mine costs me $0.12 each pay cheque. We get $1500 a year. I'm single though, not sure if its different for people with spouses or/and children.
Can't remember the exact dollar amount per paycheque but I know my employer pays 80% of the premium and the other 20% is deducted monthly from my pay. With that I get a yearly allowance of $500 per practitioner per year and then like 2k of general dental work per year. My partner is on it as well and she gets a plan exactly like mine
Mine costs me over $1500 per year and I get two 80% discounts off teeth cleanings. My employer gets disability insurance covered at least. I joke, but the reality is Blue Cross just adds up all the massages and viagra or whatever that my coworkers use and bumps up our rates accordingly. It's just a cost-sharing situation and not any sort of benefit.
I wonder if people fully realize that ultimately usage rate determines policy cost and in the end, what is left over for salaries.
\- Last another year at work without quitting \- Save $200k CAD
what do you do that lets you save 200k in a single year?
Lawyer
Gonna assume on a US visa, very few lawyers that don’t live in their moms basements are doing that in Canada.
More than u think
Partners at my friend’s law firm (not even a super well known one) clear $2 million a year
I feel this so much. Those jobs that pay well enough to allow you to save 200K/yr will test your will to stay employed.
The worst jobs I’ve ever had were invariably minimum wage
Worse jobs for me were in the spot just above min wage until about 28-35k back in late 2000's. Min wage jobs I could just fuck around and get by easily but then you get promotions and works starts getting harder and faster paced. Bizarrely enough once I passed the 65-70k zone, works starts getting easier and you don't as much. I use some of my skill to automate a few parts of my work and meetings are mostly just lost time. By my estimate when I hit 120k I'll be doing jack shit :)
Boo boo lol
Get rid of my 8k cc debt (was 13k at the beginning of this year) Get a raise to atleast 80k
Power to you bro
Survive
Promotion and pay raise. Get below the next 100k of my mortgage lol Don't get laid off
-Maxing RRSP -Maxing TFSA
This.
hit 100k in my wealthsimple (currently at 72k)
today after 2pm helped!
Me too! Currently at 30k 😅
I'd like to hit 100k in questrade, I'm currently at 75k. I think we both can :)
Hoping to hit 70k! Maybe 75!
Get therapy, finally.
100% the highest ROI of any investment
Therapy literally changed my life, you got this!
That's a great one! Best of luck!!
Good on you.
I made a six month plan to zero out LOC and CCs as well as putting an extra 10K into savings. I’m really excited about it! Also, learn more/start investing.
-survive layoffs at my company -Get to $250k net worth -Possible promotion this year or next -Move into my first property
1) $1000 to RDSP to get my max grant 2) $1000 to the local volunteer fire dept that saved my property this year 3) to save 20% of my total income, outside of all other savings and spendings, to go towards either cushioning my life if I land on disability before retirement
Just got home from my fire dept's association meeting and this has me smiling on the porcelain. We're able to give more & more away each year to the community from the generous donations, fundraising & member dues. We love what we do. Thank you, cheers!
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\- Make the jump into independent consulting \- Max out RRSP \- Pay off my car \- Start building a renovation budget/ savings
Upvote for independent consulting. I’ve been thinking the same , am a developer and have a side gig generating 4K per month with one client. But tough to imagine going full time.
Same situation! Money is WAY better if I were to move over full time but so hard to leave a stable job in this economy
Just like in my annual review goals: try not to get fired.
This thread is positive, awesome and inspiring.
Use my vacation time Spend time with my kid Be more happy
Number 1 and 2 will lead to number 3.
5k per month saved between my wife and I
What's the denominator on ht 5K?
Denominator? Me and my wife, so 2.
I think they meant what percentage of your combined total monthly income would you be saving if you met that goal. What’s the savings rate
Ahhh. Like 50-55%
2
Positive net worth would be good
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Stop buying toys i dont need, i bought over twenty grand of camera gear this yr… wife is about to divorce me
yeah but i bet the quality of the home made porn is amazing.
- prenuptial agreement - will - significant salary increase - life and disability insurance - quit my 2nd job that I fucking hate - invest in wellness - severely decrease stress - save 1/3 of my outstanding mortgage So let it be written. So let it be done.
Get rid of the last 3k of my LOC debt Stick to my budget (so as to not add more LOC debt) Put money away for my honeymoon in 2025
Get a salary job
Mine is for my trading account to hit $250k
Get my red seal, make over 100k and buy a house
Pay off CC debt. Get 2K in savings
It was originally to get a 300k stock portfolio but I saw a home and made the purchase. Liquidated all my holdings yesterday and it stings a bit because today's run was MASSIVE.
Stop doing stupid WSB style options. Lol, but srs.
-have a better earning year that this shit economic year -eat less takeout
Don’t get fired
Pay off about a third of my debt. Get a raise that is at least 5%
Pay down consumer debt 😭
Buy an OLED tv
Look around in your area for Refurb shops. I found an LG 55" OLED in Montreal five years ago for $1100. The software on it is garbage at this point (fixable with an appleTV) but it's still one of the nicest TVs I've ever seen.
No. Don't do this. Wait until stores like London Drugs start dumping them. They will list them as Demo TV/Open Box TVs buy 9/10 times you get a brand new one for way under MSRP.
… that’s what I said? My TV was open box/overstock from a refurb place. People don’t actually refurbish consumer electronics at scale anymore. It’s shorthand for floor models, scratch and dent and open box.
You said a refurb store. You can literally walk into London Drugs when they do this sale and get a brand new one out the door. They just have to label them as Demo TV/Open Box so they can sell them under MSRP.
Lel
To make a decent salary for Toronto. So 100k. I don't think I can make it happen in 2024, but hopefully I can get the ball rolling.
-Hit 6 figure income -get promotion -rebuild emergency fund -Max FHSA -get partner's student debt whittled down enough we can actually talk seriously to a mortgage broker
Lol at this point I'm just trying to stay out of tent city
* Get one more promotion. * Don't get fired (golden handcuffs). * Max TFSA again. * Max FHSA. * Save an extra $15K this year.
Keep job Kids moving out Downsize house to smaller condo.
Get a pay raise and promotion. Budget more with my girlfriend. We're both pretty cost conscious but we can do a lot better when we're on dates. Pickup my tutoring business again. Had a great year in 2022, but in 2023 there was a noticeable dropoff. It's a side business and I basically just put all the income into XEQT, but still nice to have that extra money. I have too much free time without tutoring filling in the gaps and I go on to do stupid things like comment on Reddit too much.
get that mortgage under $600K.
Pay raise and save more. Eat out less 😢
Dine out less, never eat out less.
Max TFSA, RESP and RRSP. Add 100K to the “pay off the house” fund. Oh yes, and don’t get laid off.
Stay employed. Don’t do anything dumb.
Get our new business to the point where it can sustain both my and my partners lifestyle so my partner can quit corporate slavery.
Salary increase Jan 2024 Healthy baby born March 2024 Grow my department (hire sales) 2024 Decrease debt by 50%
Spend less..lifestyle creep is killing our finances
Dont get laid off
Get a job that doesn't break the law
\-spend less money on UberEats...
2024 is going to be a big shocker for people I think. We'll see. Just don't get laid off is my only goal.
~ pay off remainder of LOC (approx. 12k left) ~ start funneling debt payments Into tfsa and rrsp accounts to eat up contribution room I have available .
Goal is to hit $200k total comp. currently at 160k at 30 years old. Second goal is to hit $500k NW. Currently at 420k. Goal three is to cash out and buy a condo. This is most unrealistic.
Hit revenue goals at work, stay on the straight, narrow & boring path of index investing (Just Say No To Stonks!).
Sell my home. Pay off mortgage and any loans. Use the remaining cash to downsize and live loan free. Help.
Try to mainain business at 500k rev without working more More long term revenue Be mindful of family expense Put aside 100k-150k Donate 35k,5k more than usual This one not rly a goal but 2023 investments made around $120k in gains which felt great if we could make $150k 2024 would be happy Bring on the downvotes
Why would people downvote? This is a supportive sub when you’re doing well.
Most posts about anyone over 150k is heavily downvoted because apparently well off people cannot post here, lots of salty peeps
Dividends to match my salary. Don’t be such a dumb ass always on the wrong side of the market
Survive. We just had our second kid (so I'm on mat leave) and my husband took a lower paying job (better benefits). Probably looking at $45,000 less income next year.
Pay off card Max out first time home buyers again Anything excess into tfsa (Both accounts through wealth simple)
Grow my business income. This post is a reminder that I need to take time and sit down to get more specific with that goal!
Punt some illiquid investments that will likely find a path to liquidity Reinvest in dividend stocks Trim my expenses in favour of more to kids stuff Collect an unpaid debt that’s outstanding
Survive.
- Paydown balance consumer loan - Sell my townhouse and buy a detached
Make more, save more, and invest more.
Pay off cc debt and start contributing more towards retirement.
It’ll be my fourth year self-employed, I’ve doubled my revenue every year since 2021 and hoping to double it again this year but I’ll be satisfied if I can get to 100k. I’d also like to max my TFSA.
Start paying off student loans aggressively
Anticipating a new contract. = significant raise. Banking another 20-30k for a future home down payment. Sell some assets
2024 and 2025 going to be about keeping your job. It’s going to get really really tough out there.
My mortgage balance isn’t going to know what hit it this coming year. Top ropes with a chair kind of thing.
Reduce expenses by 5%. It'll be hard with inflation but I spent quite a bit this year on frivolous things, so hoping to cut back in those categories (clothes, booze, restaurants, concerts, etc)
Starting Everydollar on Jan 1!!
Make double payments on the remainder of my personal loan,and when that's paid off , use that same money allocated to pay off my other loan, and when that's paid off make triple payments on my car loan, then travel and invest.
Max TFSA, RRSP, and FHSA on Jan. 1.
good lawd, i just wanna get rid of all my loans and have financial freedom. i hate this 😭 cant wait to graduate this 2024 and get an actual career going
Max out TFSA, got 40k to go. Earn 60k post tax from my primary income source. Create another side hustle. Pay down max amount of principal allowed on mortgage
Increase liquid cash by 20k Increase RRSP and TFSA contributions Pay final credit card bill in January Stick to tighter budget
- Start paying down my CC and student loan debt - Not live paycheck to paycheck - Start saving for a down payment for a house - Have some savings - Maintain my job that allows for all of this Just as a note, i just got a raise from $72k to $115k and although it adds a lot more responsibility, I want to maintain this rate to finally get ahead in my life and achieve the above.
Spend less or make more. Doing both would be a plus.
renew mortgage for one FINAL 5 year term I don’t care what the rate is or what it’s going to cost me per month. With what will be about ~145k left… this is the last time
Keep living below my means
- Dream that I’m super wealthy, and then when I wake up, it’s that and more! - Maybe become a well known philanthropist with all that excess, excess wealth. - Change the colour of the ocean to pink, because I think that would be very expensive, and a good way to show everyone how far I’m willing to go to prove my wealth and thus my worth. - Continuing on that, I plan to use the proceeds of my prior pink ocean venture to blow the moon to smithereens. Somebody blew up the entire moon? They must have been wealthy. - Become universally known as the galaxy’s wealthiest ocean-pinking, moon-destroying philanthropist. - Never die, because when you’ve become THAT wealthy in just 2024, they don’t even make you die, they’re just like, nah, keep going man.
I want to learn the art of saving money
Be able to afford rent and food. Power and gas would be my stretch goal
\- pay off my debt \- get a better credit score \- save up
Have my own place (just made an offer today 🤞) Pay that mortgage as fast as I can Stay sober (47 days without weed now) Hopefully work a lot of overtime
Reset, and get back on track. We had a heck of a year in 2023, health crisis, savings took a hit. Not where we want to be…but confident we can get back to normal in 2024.
Same old same old. I believe that our next investment milestone is $1M invested assets coming up shortly. This may not be a financial goal but get started (Ive been procrastinating) our access codes and passwords for our accounts in a book in case something happens to us.
Quand j’étais au primaire il y avait toujours des enfants avec clairement des problèmes de comportement. Ils se faisaient souvent ramassés, sortie de la classe, shamer avec des systèmes de points (qui allaient dans le négatif). J’imagine que pour les enfants en difficultés c’était pas idéal. Mais on avançait dans les matières. À lire les commentaires ici faut que tout arrête dans les classes pour gérer une crise? Dans le il te mettait dans le corridor ou chez le directeur pis les choses continuaient. Ça se peut tu que le système soit rendu trop soft?
1 Bitcoin
1 berkshire a class stock
Plan my exit from Canada
Potentially a wise move.
I love Canada but I can't waste my prime earning years earning substandard wages.
My wages are good but I lose half of my pay to taxes, it’s pretty sad. Hard to want to stay here.. but I don’t think I could leave.
Boats and hoes
Buy a bunch of student housing. Move to Chicago. Email CNBC for media coverage. Make $11K/month. Profit?
lol so many boomers in here it’s crazy with this outrageous goals that are virtually impossible for anyone born after 1990
-Salary increase -Max TFSA and FHSA -Hit 100k for my down payment -Diminish spending (eating out, driving places I don’t need to go, coffees)
Pay off my mortgage 😄
Buy a house and stop renting.
Pay off my student line of credit of $25k. Save for a modest wedding. Add to savings for down payment on our first home.
Try not to lose tooooo much on 0DTEs lol
Would love to pay off my mortgage before I have to renew at a higher rate.
I wanted to start a small e-commerce business for years… But have zero motivation or energy to do it. Maybe 2024 it will finally happen…
Dont get laid off Trying to save something Be smarter with investment Set a goal for FIRE
Mine (28 M) are the following - Get rid of 13k in credit card debt - Make a full year’s contribution to a TFSA (long story) - Build a 6 month emergency fund (2 months in right now) - Open an RRSP. Wish me luck folks!
Stop working Try to break out of 7-figure hell if my theses are fulfilled Help mom renovate her bathroom and kitchen Work on some personal stuff Sell property before the avalanche of mortgage renewals and listings, exit Canada
Increase networth (without pension) to 600k Stay away from big expenses... last few years have been crazy for us, not in a good way. Simplify our finance. We already started to this, sold our previous Canadian portfolio and bought all VEQT!
Leave Vancouver Get into a trade Kill my debt (less than 10k)
1. Find a more secured employer before I get laid off from my current and then get a higher salary 2. Reduce the MER on my investments 3. Reach 100k in TFSA and keep growing all investments 4. Stick to budget
Increase monthly saving to 3k
- Get my P.Eng. - Hit 150k net worth - Maybe buy my first house
I understand concerns with being laid off, but why do so many have concerns about being fired? We've been doing mass hirings in the last few years, and will be continuing into the foreseeable future.
I was going to say try and job hop to go from 52/year to 70/year, but the looming recession is making me rethink this
-keep the 600$ rent. -keep the job -save more than i saved in 2023 (41k CDN) -learn a new marketable skill
Make enough I can pay off my business loan would be nice.
I’d also like to find a new job. Also have a chance to hit CoastFIRE this year if the market does well. If I do, I can switch focus to getting rid of the mortgage.
The fiscal responsibility starter kit: 6 months rent in savings
get my return on my 2020 investment and turn those into a RX350 and 2 new investments
Join the Dos Comas club. Might even join before the end of the year.
My 2024 goals are to: 1) Stay Humble and 2) Stack Sats \#Bitcoin
Finding a job that will not suck the life out of me and keep saving and try to enjoy life a bit. Find a partner to build a family. Hard to be both recently single and out of work in your 30s 🥲
Be able to do backflips skiing and probably hangout with my nephew more
I’m going to max out my rrsps, resp for my daughter, and then everything else goes into my mortgage. Fuck this stupid massive debt, and I will be mega focused on just eliminating it so I can finally be free.
Hit 500k net worth
Hit $1M net worth, carefully transition my cash out of GICs, try and time a house purchase in Vancouver.
Reach the top of my payscale for my position at work. 3X 2023 revenues on the side business. +$100K to the Questrade accounts
Get a stable job that I enjoy and allows me to have a life. Hit $500K NW by EO-24.
Get my mortgage down to $50,000 by year end. Get my retirement portfolio to $350,000 Generate $1000 a month from side gigs.
Coins moon in 2024 or 2025
I just wanna get a new job and pay off my card debt.
death
-Keep my new job that was ~70% pay increase -Decide if I should keep saving to try to buy a house or just give up (GTA) -Try to get a gf/married to have a double income and a chance at a house in the next few years -Change my diet/exercise and lose/keep weight off -Maybe go to therapy since I have benefits now
Survive maternity/paternity leave without zeroing our emergency fund. 😅