💪 Investment Strategy
Get Strong & Live Longer.
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Buffer - $1000 saved as emergency fund
Attack - Aggressively attack debt (outside of mortgage) with leftover of all fixed expenses starting with the lowest net amount first (unless 0% interest)
Save - Save up 3-6 months of monthly expenses in a no annual fee high interest rate savings account
Invest - 10% of household income into TFSA, 10% in RRSP, prioritize employee stock options or corporate matching if applicable
Pay off - Pay off mortgage early
Passive - Have $2M in dividends for a 4% annual return of $80k to live off