I’ve always wanted a blog with a decent following. It’s been on my to-do list for quite some time. I started a couple of them similar to this one and I end up writing a couple of posts then realize that life just takes over and it all falls off. I’ve created a large goal list that now totals over 165 goals I want to do in life and I find myself adding to it all the time. One of them was a financial plan for 2019 and as part of that plan includes blogging to hold myself accountable to help me accomplish my goals in 2019. Nothing better than having a group of likeminded people to help you achieve goals and hold you accountable – that’s where you come in!
A little about me
I’m a 30 year old young ‘yuppie’ living in Toronto and have a promising career in the business world. I work on average about 55-60 hours per week and my weekends are mostly spent reading and researching for investments or spending time outdoors in Northern Ontario. I take life as it comes, living each day with happiness and purpose. There isn’t much in the world that stresses me out and I have an abundance of hobbies that keep me busy.
I’ve always been interested in saving, investing and learning how to make money. As a young kid my dad taught me the in and outs of running your own business; even thought it was lawn cutting. He charged me rent on his lawn tractor and I had to buy my own gas and clean it every time I used it for ‘work’. He certainly got my head into the money management world at an early age and as I adult in life and as I get older I realize that this is a true interest of mine. My career isn’t related to this at all. I have a sales job that keeps me busy so all of my knowledge in the field of saving and investing is self taught and on the side during evenings or weekends. Work is a pretty ‘always on’ type of job for me so I don’t get much time during the day to read or research.
I started investing in the market at the prime age of 25. I guess you could say I got started a little bit later and for a variety of reasons. I started out in downtown Toronto right out of university where I had about $10,000 of student debt. That was certainly my first priority on paying that off during my first two years after graduation and thanks to some family support with living arrangements I was able to have an affordable place to live during these first couple of years. Then once moving out on my own, the bills came fast and furious and found myself making $48,000 per year and living in one of the most expensive cities in Canada.
As my career grew, so did my salary and I’m thankful for that as it has provided me the ability to start investing and saving over and above my company pension plan. This is when my passion for investing and saving really came into play and I started reading many books, articles and getting a broader sense on how everything works. I’m still learning every day and I think that’s the best thing we can continue to do. I just purchased my first condo in 2018 which just further increased my passion for personal success and growth. I was able to make a significant down payment which took a lot of my savings out of investments and into real estate, so for some accounts I’m starting from scratch, with a renewed focus. I was able to keep my monthly payments in line to what I was paying for rent, so I am still able to save over 25% of my net income for investments.
This is going to be my final attempt at actually writing a blog. Like I mentioned before, I’ve tried it before and just haven’t been able to hang in there. I think that now that I’m using this as a method to hold myself accountable to delivering against my goals, while also cataloging my journey with you in the coming year that hopefully you will also be able to learn and grow as a young millennial and prosper with your savings and investments.
I’m confident that this will be a great learning ground for young investors like yourself. I remember when I first started out, and even up until this day there are many blogs that I follow that I enjoy reading that provide me a perspective of real life, rather than these bloggers that do it for the money and have advertised links littered throughout their posts, skewing the honesty and realism of the truth. I like the idea of the real deal of living vicariously through bloggers or picking up a tip or trick here and there that i can utilize in my savings or investment strategies. I really hope that I can also do that for you.
On top of the investment and savings posts, I look forward to sharing with you some of my adventures throughout the year. I think it’s important to live life and be present in the NOW but always having the long term outlook on life to ensure we can keep doing the things we love.