Five benefits of a kitchen garden
Mrs. T grew up on a farm in Denmark and helped with growing produce and tending farm animals. As a result, she has always wanted to grow her own food in a kitchen garden. For …
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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How to Budget with a Variable Income
We are a single income family where we allocate my full-time salary into the different budget categories. For our side hustles, we save everything that we earn (after taxes) into our financial freedom account (FFA) and …
Dividend Income & Financial Independence Journey – July 2021 Update
Summer time in Vancouver typically means temperatures in the mid to high 20s and an extended period of nothing but the sun. The weather in July was exactly like that. We had nothing but sun …
Re-examine our $115k dividend stock transactions in 2020
Back in January, I reviewed our 2020 dividend stock transactions and determined the winners and losers of our trades. I disclosed our average cost basis and the good and bad moves we made throughout last …
Our future travel plans
It’s hard to believe that the last time I stepped foot on the plane was more than a year ago. Considering that I spent 147.03 hours flying (over 6 days!) in 2019, it is weird …
2021 Goals and Resolutions – Q2 Update
Can you believe 2021 is already half over? With the warmer, sunnier summer weather here in Vancouver, we are spending a lot of time outside, especially in our backyard garden. The warmer sunnier weather also …
Our early withdrawal strategies – How to keep more money
As many of you know, we have been busy adding new capital and buying dividend paying stocks over the last few years. During the COVID-19-caused short recession last year, our portfolio was down as much …