TFSA Over contribution…What to do. A 2025 Guide
If you’re a long time reader, you know I love the TFSA. I believe everyone should treat TFSAs as a long-term retirement account, rather than a short term savings account. While TFSAs are a great …
Tawcan is a Canadian personal finance and dividend investing blog that chronicles my quest for financial independence and joyful life.
I started this blog to show it is possible to achieve financial independence as a single-income family with two young kids while living in Vancouver Canada, one of the most expensive cities in the world.
My wife and I started building our dividend portfolio in 2011 after a financial epiphany.
Today, the portfolio generates over $5,400 in dividends per month. We originally dreamed of becoming financially independent and living off dividends by 2025. Although we could live off dividends by supplementing it with a part time income in 2025, we aren't in a rush to cross the so called "finish line." Therefore, we are taking it easy and we plan to realize the dream of living off dividends before 2030.

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If you’re a long time reader, you know I love the TFSA. I believe everyone should treat TFSAs as a long-term retirement account, rather than a short term savings account. While TFSAs are a great …
Seasons greetings everyone and I hope everyone is getting ready to welcome 2025. 2024 was a big year for this blog, turning 10 years old! I want to thank every single one of you for …
Welcome to another monthly dividend update. I have been posting these monthly dividend updates since the birth of this blog in July 2014. Why do I keep writing and publishing these monthly updates? Because they …
Another year almost in the books means that a new year is almost around the corner and the new TFSA contribution room will be available for all eligible Canadians. In 2025, the contribution limit will …
Long time readers will know that we hold both individual dividend stocks and index ETFs in our dividend portfolio. We are doing a hybrid investing strategy to capture the best of both worlds – holding …
If you’re a Canadian, you may know a tax-advantage savings account called the Registered Educational Savings Plan (RESP). The RESPs are for parents who want to save for their child’s post-secondary education. When you open …
A few months ago, I questioned whether going all in on QQQ in our RRSPs makes sense. Thanks to engaging readers, the article created some very interesting discussions. One of the questions that many readers …