Make Money, Save Money, Manage Money
Good evening my dear readers! I am very excited to announce that my first article is now live on The Financial Diet! I have been a long-time fan for the site and their YouTube channel, so I feel incredibly honoured to be a contributor. This blog is still fairly new, so the contents probably aren’t … Read more
Here is a post on the taxation rules for various common savings vehicles. Before we delve deep into taxation rules for earnings from savings, let’s start with some basic understanding of taxation on ordinary income. As I mentioned in TFSA 101, all sources of income above the basic personal amount is taxable. The most common … Read more
If you are interested in learning about the pros and cons of using a credit card, you have come to the right place. Knowing how to use a credit card is an important step towards financial literacy. What are credit cards? Credit cards are ubiquitous nowadays. What are credit cards? Simply put, credit cards are … Read more
Today, I’d like to share with you my understanding of the mortgage market and some specific tips on how to save money. Why do we need a mortgage Buying a house is probably one of the largest, if not THE largest, purchase, that you will make in your life. Unlike a burrito wrap or a … Read more
Today I’d like to share with you my personal reflection on COVID-19 pandemic. I’d like to touch on how it has changed my perspective on my surroundings and my circumstances. COVID-19 is still impacting our everyday lives. It is unfortunate that COVID-19 still firmly has its clutch tightly around our waists. Stay home. Practice safe … Read more
Here is a simple yet effective spreadsheet for personal finance. It will help you assess whether you should pay the annual fee on a credit card or not. For starters – free is the way to go There are a myriad of credit card options available for us out there. How do we find out … Read more
Here are my thoughts on consumption and savings and how to balance between the two. My initial understanding of consumerism When I was in Grade 12, my Economics teacher told us that one of our life-time goals as human beings was to become consumers. I don’t remember exactly what the context was. It might have … Read more
Would you be interested in learning some painless savings tips for everyday items? Well, this article has you covered. Why we trim There are many ways to save money. Some advocate for spending less by buying fewer lattes and avocado toasts, while others advocate for various financial diets such as a cash diet. These methods, … Read more
Would you like to know what it takes to be a millionaire? You can now use my simple spreadsheet to find out! This spreadsheet contains two calculators: one will show you at what age you will become a millionaire, and the other will show you the annual savings needed if you have a target millionaire … Read more
Here is an easy and delicious recipe for homemade scones! The world is still under the tyranny of COVID-19, but that does not mean that we cannot have some fun at home. How about jumping onto the baking wagon and trying your hands on some homemade scones to brighten up your beautiful Sunday morning (or … Read more
