Money – the assets, property, and resources owned by someone or something; wealth
source(s): Google and Dictionary.com
Welcome to Money Trekker!
My name is D (short form) and I am the brains behind this blog. I’m 32 years old and reside in Ontario Canada with my wife and a 2 year old son (with another on the way!)
It’s February of 2018 and my current net worth is $534,544.13
I was formerly in the Navy and police force before leaving it all to start my journey toward financial prosperity and independence.
My two main goals are:
- Become Financially Free
- Become a Multi-millionaire
My goals are in that order for a reason…I’d simply rather be able to sustain myself and my family without a job, and secondly I’d like to grow my net worth and savings to a point where I can call myself a millionaire.
I added “multi” to #2 because I believe that 1 million dollars in 2018 is not the best goal to aim for, I think it should be multiples of this.
I am creating this blog because I love to write, to log my money trek, inspire others to enhance their life and goals, and learn more about this mystery called money.
To start, I should tell you what this blog will not preach about.
How to max out your RRSP’s, clip coupons, save for a rainy day, make money the “easy” way, save money, eliminate debt (credit cards, etc.), slash your student loans etc….
I may touch on some of these topics to aid or assist in my financial journey, but they will not be the backbone of my financial plan.
I think it’s important to tell you this so your expectations are real. It’s important to know what you’re getting into so you don’t waste your time reading something that doesn’t align with your goals.
I can’t tell you how many finance books I’ve started, only to be disappointed when I found out that it’s another book hinging on the idea of maxing out your RRSP’s or squirrelling away money through numbing frugality practices and retiring semi-rich at 65 years of age.
While these books have helped countless people reach their goals, they don’t fall in line with mine. I believe that when you set out to retire at 65, semi-rich, that’s exactly what you’ll do. And you will live a careful and minimal risk existence along the way, carefully planning and squirrelling away coins until your golden years.
I, personally want to retire much earlier than 65, and if you are still reading this, then I’m sure you do too.
I am not a financial expert, nor am I currently a millionaire (as you can tell from my current net worth), but I have recently realigned my trajectory to point towards a life full of more wealth and prosperity.
One last thing before you start browsing around. My plan to generate wealth is centred around real estate. I have chosen not to diversify my portfolio or invest in 10 different tools to increase wealth (eg. mutual funds, stocks, REIT’s, TFSA’s etc.) because I believe that in order for this trek to work with certainty, I need to be laser focused on one way to get rich, and that way is real estate.
Thanks for checking out my blog, see you on the inside!