Another Loonie - Page 2 of 8 - Crazy about saving, investing, and home ownership

2022 Year End Review – All the Numbers

In this post, I review all my family’s earnings, expenses and savings (literally everything!) over the past year.

2023 is upon is. That means it’s time to think about our goals and set our New Year’s resolutions!

Great articles, podcasts, or videos from the personal finance community and elsewhere.

Last year I made 6 pretty ambitious New Year’s resolutions. Let’s review them to see how I did!

We’re ending 2022 strong with a huge increase to our net worth!

The RRSP contribution limit for 2023 is 18% of earned income reported in the previous year, subject to a maximum contribution of $30,780.

The TFSA contribution limit for 2023 is $6,500. Canadians 18 or older when the TFSA was established can contribute a maximum of $88,000.

A timely bonus cheque has made our month a great one!

Last month we accomplished something that we’ve been working towards for what feels like a long time: we maxed our TFSAs!

Big expenses vs. extra paycheques. Is this a spending spree?