Prairie FIRE Canada

We Are All Financially Messed Up

Here’s the problem: people think money is all about numbers, spreadsheets and bank account balances. To use an old cliche, “Personal finance is personal”. This statement is true, but it does not go far enough in my humble opinion. It really doesn’t address the deeper issues we face, and that we are flawed human beings. We are all messed up in our own special way, especially yours truly.

A Tale of Two Tax Shelters

Ahhh it’s everyone’s favourite season – Tax season. That’s right, it’s time to get your collective stuff together and report to the government all that wonderful income you’ve made in 2018. I’ve been hearing a lot of talk lately about… Continue Reading →

Back to Basics: The Principles of FI

The principles behind financial independence are relatively simple and easy to understand. It’s simplicity makes it possible for everyone to get started on their path to reach financial independence.

Why I am treating my personal finances like a business.

The reality is that we are all running two types of business when it comes to personal finance: (1) An Active Labour Business; (2) A Passive Investment  Business.

The Missing Link to FI

In my wild and crazy journey in discovering the FIRE movement, I was inspired to create and stick to a budget, and I began tracking my net worth over time. By doing this over a year, I discovered something that was so obvious that I think many bloggers and personal finance gurus take for granted.

I call it the “Missing Link.” What I finally discovered was that your net worth is totally savings dependent. The fastest way to FI is to manage your budget well and use your savings to either purchase assets or pay down debt (preferably both).

Budgeting Can Be a B!*¢h

Financial Enlightenment Pt. 3: Budgeting Can Be a B!*¢h I have been having real trouble getting the courage to write this post. Why? Well I am not a big fan of budgeting. Scratch that – I HATE budgeting. It’s my… Continue Reading →

Net Worth: You Are the Ultimate Asset

Financial Enlightenment Pt. 2: Net Worth It’s been great sharing with you my experience and journey so far. Lately my blog has taken on a different tone and direction. Currently I’ve been focusing on something very personal about my journey… Continue Reading →

Financial Enlightenment

This is part 1 of a 5 part series of my Financial Enlightenment: After reading this post, feel free to check out my other posts below. The Financial Enlightenment of Mr. Prairie FIRE Budgeting Can Be a B!*¢h Net Worth:… Continue Reading →

A Values First Approach to Financial Independence

It’s great to see you again (or maybe meet you for the first time). My path to FIRE has been an interesting one featuring a lot of personal ups and downs and financial challenges. For the longest time, I just… Continue Reading →

Finding My Why: My Five Reasons for FIRE

It is important to understand that FI is not about retirement, though it can be. FI is reaching a point where you do not necessarily have to work to earn income to live. It is a form of freedom. But a freedom from what? What good is freedom without a reason for living? We all need a WHY to guide us on our journey.

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