With the end of 2013 in sight, it’s time for my final financial update for this year. Looking back from a personal standpoint I can truly say that the Mayans were right but luckily, it was only my world that came to an end. No matter how well you prepare yourself for what life can dish out, it has a twisted way of showing you that life is ultimately always in control.
On a positive note, I was still able to complete most of my financial goals for 2013 except for one; the lump sum mortgage payments. I was able to save the money for it, but it made no sense putting that money into something that is about to be sold.
Contribute To My TFSA: Complete!
I was able to scrape together the $5500 in order to contribute the maximum allowable limit for my TFSA again this year. My plan is to use my TFSA as a source of tax free income when I retire and as a source of emergency funds along the way. Since there were no financial emergencies this year, I was able invest the left over dividends and to purchase some shares in