Dividend Income – October 2016 Update
November is upon us which typically means A LOT of rain here in Vancouver Canada. We have had a few rainfall warnings already (like +80 mm per day) and looks like there are a lot …
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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Frugality and how it can prevent catastrophic disruption of life on Earth
A few nights ago Mrs. T and I sat down and watched Leonardo DiCaprio’s new documentary called Before the Flood. The documentary captures a three-year personal journey alongside Academy Award-winning actor and U.N. Messenger of Peace …
Why we decided to revisit our budget system before end of the year
We have been tracking our expenses since 2011 using an Excel sheet with 6 different accounts and different categories within each account. Thanks to having a budget/expense tracking system, our net worth has increased by 250% …
Appreciation – live life without regrets
I have been on the road for business the last few days. Between plane rides, customer meetings, and customer dinner, I ended up having to check my emails late at night to avoid any email delays …
Why I practice being financially independent despite not FI yet…and why you should too
On the days that I am not working at my 9-5 job, I like to practice being financially independent. Why? Because I think it’s very important to practice this lifestyle that we are trying to …
Would I forgo kids to become financially independent earlier?
If you are a long time reader, you know that we are aiming to become financially independent in about 9 years. I have validated this timeline a few times using the financial independence / early retirement spreadsheet calculator that I created. Although …
Victory Lap Retirement: Book review & contest!!!
After my article Tawcan’s 7 Phase of Retirement got published, a reader called Mike Drak approached me asking if I wanted to do a book review. At first I was slightly hesitant but I was very intrigued by the …