Part 3/7:
This year marked a significant milestone for us in terms of financial stability and consistency. We established a monthly salary of $4,499 each, resulting in an annual income of approximately $63,500 after taxes. This steady income allowed us to comfortably cover our expenses while committing to our aggressive investment goals of $2,000 per month each.
We set ambitious personal finance goals for 2023. Individually, I aimed to max out my Tax-Free Savings Account (TFSA), open a First Home Savings Account (FHSA), and manage a total investment of $30,000 throughout the year. Meanwhile, Dennis aspired to do the same with his TFSA and FHSA, along with adhering to our monthly budget tracker.