Posts

How to Retire At 31 and Travel Around the World?

Image
  How to Retire Early At The Age Of 31? Before your plan to retire early, you need to know the 5 major money mindsets: It is impossible to retire early on a fixed salary alone. Inflation is an invisible killer that takes away your wealth. You must learn to invest and manage your money. Invest(buy) in assets, not liabilities. Never spend more than you make. No matter your age, learn to invest in yourself first always, this is the best investment in the world.                                                                                Recommend a book of life financial management, called: Quit Like A Millionaire Hear the author's true stories about early retired life  »  # 1   #2   #3 How did the author of Quit Like A Millionaire turn from earning only 44 cents a day to having the free cash flow of wealth? How to use creativity, resilience, adaptability, and perseverance to achieve F inancial I ndependence R etire E arly (FIRE) life? How to build a portfolio? How to increase incom

Best High-Interest Bank in Canada

Image
Best High-Interest Bank in Canada What is EQ Bank? Equitable Bank) is a Canadian physical bank headquartered in Toronto, Ontario, with a history of more than 45 years. EQ Bank is a subsidiary of Equitable Bank, which is a federally regulated bank that manages more than $42 billion in assets. EQ is the first online bank in Canada to complete digitization. During the non-promotional period, EQ Bank is still one of the banks with the highest interest rates in Canada. In 2021, the everyday interest rate was 1.25%. On April 11, 2022, the interest rate was increased to 1.50%. A couple of years ago, the highest ever was as high as 3%. Interest rates will change from time to time, go to the official website to check the latest deposit interest rates. 💛GOOD NEWS! EQ bank is excited to announce an increased everyday interest rate! Effective June 24, 2022. Joint Savings Plus Account now comes with 1.65% interest on every dollar. You also get the flexibility of chequing with no monthly fees and

The Best Canadian Online Trading Platform

Image
Largest online stock exchange in Canada Questrade Questrade is a self-directed trading platform that lets you create your own portfolio at a lower cost than traditional financial institutions. It is currently the largest online stock exchange in Canada. Questrade was established in 1999 and is headquartered in Toronto.  Is Questrade safe? Questrade is a registered broker of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).  Your account with Questrade is protected indeed, which means your account is protected with $10 million in insurance if this company goes bankrupt. The Questrade account opening process is simple, which is very suitable for investors who live in Canada or study abroad to open an account to invest in a variety of investment products including Canadian and U.S. stocks,  ETFs  GICs, IPOs, bonds, golds, etc. Key Questrade Benefits: Excellent customer service, both English and Chinese. Via chat, telephone

All you need to know about TFSA

Image
  The Power of TFSA What is TFSA? The full name of TFSA is Tax-Free Savings Account. TFSA is a tax preferential account set up by the Canadian government for every eligible person. Your TFSA savings can be withdrawn from your account at any time, for any reason1, and all withdrawals are tax-free. And if you want, you can put back the amount you withdraw into your TFSA. However, you have to do it the following year so it will not impact your contribution room. You can put various products in the account, such as: Cash Mutual Fund Guaranteed Investment Certificate (GICs) Exchange-Traded Funds (ETFs) Stocks(U.S and Canadian) International equities Real Estate Investment Trusts (REITs) Bonds Options Initial Public Offerings(IPOs) Gold and silver Since the Canadian government launched the TFSA in 2009 if everyone can properly manage and invest in the TFSA account, until 2021, the total amount of your account is conservatively estimated to be $100,000 Canadian dollars. Why do I say that I n

The Power of Passive Income

Image
What is Passive income? Must Watching Video! This 10 minutes story will change your life. Book link: The parable of the pipeline Passive Income is a long-term investment, just like seeds, when we sow good seeds, we need to be wise with handling the seeds in a good environment and give them time to grow stronger, eventually, we'll reap an abundant harvest. The seeds will non-stop bear more fruits than you could ever imagine. Passive Income is income that requires minimal labor and time to earn and maintain. Active Income is physically trading most of your time and labor for money. A lot of people think that trading your time for money is the only way to make money; however, this is actually not the most leveraged way to go if you wish to have a better quality of life in the future. Even if you work 40 hours a week for 52 weeks the year, the max of income you can possibly make is around 100k-300k, it sounds like very juicy and strong money, but remember that Time is Money, think abou

What is Atomy?

Image
  Atomy is a global online shopping platform where we can all turn our household expenses into income. What is Atomy? Before you get to know Atomy, please give yourself 5 minutes to watch this video below about the money mindset. Passive Income is income that requires minimal labor and time to earn and maintain. Active Income is physically trading most of your time and labor for money. All you need to know about  Passive Income » What is Atomy? Atomy is a global online shopping company. EVERYONE IS WELCOME to join Atomy for FREE. You can both as a consumer and a cashback earner.  Atomy was founded in South Korea in 2009. As of 2021, it has entered more than 20 countries around the world, including South Korea, the United States, Japan, Canada, Taiwan, Singapore, Cambodia, the Philippines, Malaysia, Thailand, Mexico, Australia, Indonesia, Russia, China, Colombia, Hong Kong, India, New Zealand, Turkey, United Kingdom, and Kazakhstan. If you love the lifestyle of Working while Traveling a

How to register Atomy membership in Canada

Image
Register Atomy Canada for FREE What do you need to register from Canada? • Anyone who lives in Canada is able to register. • Applicants need to be at least 18 years old. • Married couple share ONE Atomy ID. Please go to the local  Atomy official website  based on your place of residence. (Go to the upper right corner of the official website to switch to the web pages of each country.)   Actually, the process of registering from different countries is really similar. However, if you have further questions about registering, please leave a message, I will send the guiding video file for you. Register step by step  video Register step by step  Go to  Atomy Canada official website Log in as a guest and start registration. Sponsor ID: 25305342 Guest password: 20121115 Email verification Once email verification is finished, please fill out your personal information. Private password: your private member login password. Public password: The password provided to non-members for registration. I