Posts by Young

Cost of Baby’s First Year

Cost of Baby's First Year

There are big changes in my household to take place in 2017! We are expecting! Since we are expecting our first baby, it is a prudent idea to think about the costs of the baby’s first year and then budgeting for this. There are already so many decisions to make, and narrowing them down according…

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How to Get More Money Back from your Tax Return

How To Get More Money From Your Tax Return

It’s that time of year again! TAX TIME!  If you didn’t get a chance to implement any of my 16 Tax Tips for Year End, don’t fret, my friend, there’s still time to get more money back from your tax return!  I started filing my own taxes last year. Before that, I hired an accountant…

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Mixing Social Norms and Market Norms with Dating

mixing social norms

I recently read this great book by Dan Ariely (a researcher in behavioural economics) called “Predictably Irrational” and one of the chapters was especially interesting: The Cost of Social Norms: Why we are Happy to Do Things but Not When We are Paid to Do Them” Social Norms Social norms are actions among friends or…

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February 2017 Net Worth Update: +$2200 (+0.5%)

One whole month into 2017 already!  How have your personal finance resolutions been going?  Nothing too exciting this month, markets are pretty flat.  Something else is exciting happening in my husband and I’s life and it will be a life and game changer! My personal finance goal for 2017 is to reach $475,000 by 2018,…

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How to Use the Home Buyers Plan

How to Use the Home Buyers Plan

The Canadian Home Buyers Plan is a way to borrow from your RRSP in order to come up with a down payment for your first home.  Having bought my first home recently, I found the home buyers plan information on the Canada Revenue Agency website a bit difficult to understand (must be all that government…

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Variable vs Fixed / Open vs Closed Mortgages

open vs fixed mortgage

Buying a house and getting a mortgage can be a stressful experience – especially if you’re going through it for the first time.  Whether you’re going through a traditional bank or a mortgage broker, with terms such as variable, fixed, closed, open, prime interest rates and many more, it can be easy to get intimidated.  Because…

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2017 Personal Finance Goals

2017 Personal Finance Goals

It’s somewhat of a personal finance blogger to have personal finance goals for the new year.  After all, this blogs help keep us accountable, and I find it very helpful to motivate myself to achieve these goals.  There isn’t much change from last year’s personal finance resolutions, just a little bit of a tweak here…

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January 2017 Net Worth Update $452,500 (+13%)

January 2017 Net Worth Update

2016 was a stellar year, I must say (well not for the rest of the world I suppose, but it was for my portfolio)! I increased my net worth by $68,330 from last year’s update and reached my annual goal of increase my net worth to $420,000, that’s a 17.8% increase from last year’s January 2016…

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2016 Personal Finance Goals Recap

2016 Personal Finance Goals Re-Cap

And just like that, 2016 has come and gone and 2017 is here.  It is tradition to review last year’s goals and create new goals for the new year.  In summary, I achieved most of my 2016 personal finance goals but definitely failed on one of the goals, which you will read about shortly. Here is…

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