Net Worth December 2017 Update : $14,323.32 (-$1,284.53 -8.23%)

This is my net worth update for December 2017

Assets Mar-17 Dec-17 Monthly Change
Checking $1,621.78 $752.76 -53.58%
Saving $2,908.35 $0.42 -99.99%
TSFA Investment $911.03 $403.69 -55.69%
RRSP Investment $0.00 $0.00 0.00%
House $215,000.00 $215,000.00 0.00%
Car $12,113.00 $12,113.00 0.00%
Liability      
Mortgage $201,795.37 $196,691.16 -2.53%
Car loan at 0% $11,014.06 $8,056.21 -26.86%
Credit Card $4,136.88 $9,199.18 122.37%
NET WORTH $15,607.85 $14,323.32 -8.23%

This is my first net worth update since march 2017. My financial got worst than ever in this time. For the first time, it got down. We had too much spending for the revenue we have. But we are going back on the positive side of personal finance.  We booked a trip that cost a little more then supposed and also I have taken some bad turn and spending for coffee every morning and sometimes two times a day.

Income

My income got stable in between March and December. I used most of my sick day this year so I’ve lost a little bit of salary but nothing more. These sick days were paid at the beginning of the year but I’ve not put that money aside to use it when I take these sick days.

Expense

Between March and December, we did a trip to Disney world. This cost us a little more than what I’ve excepted. Also, my wife chooses to open another business at home so we had to invest to change a room of our house.

Saving

Saving got down because we used it to pay some debt. I will try to put some more in the saving account to make sure we have something.

In the next weeks, I will pay back my credit card and also I will make more blog post here. I will try to write one blog post per week and bring more content here.

Review: Making Sense of Affiliate Marketing Course (+$28 Off Coupon & Discount Code)

Disclosure: There are some affiliate links below, but these are all products I highly recommend. I won’t put anything on this page that I haven’t verified and/or personally used

Want to make $50,000 from your blog ? This course can help youGrab your Making Sense of Affiliate Marketing coupon: Use the code 28APRIL when checking out here. Coupon expires April 16th, 2017 at 11:59 pm P.T.

I’ve bought the Making Sense of Affiliate Marketing from Michelle Schroeder-Gardner in the first week of April and I’ve read it fast. The course costs $197 in one go or two monthly payments of $105.

What do you get?

You will get 6 modules with over 30 lessons and several worksheets. Here are all the 6 modules:

  • Module 1: What Is Affiliate Marketing?
  • Module 2: How To Find and Apply To Affiliate Programs
  • Module 3: Follow The Rules
  • Module 4: How To Get Your Readers To Convert
  • Module 5: Strategies and Ways To Promote Affiliate Links
  • Module 6: Rinse and Repeat

With that, you will get 8 bonus such as Michelle Facebook Mastermind group, Pinterest Strategy, How To Increase Your Page Views and more!

How is the class delivered?

The course is text-based. There are no videos involved and no live videos course. If you have any question about what you are reading you can ask them in the Facebook Group and other students or Michelle will answer you. Also, it’s self-paced so you can read quickly as you want. The course doesn’t expire so you can read multiple time each module. I’ve read the course in a night, but I keep going back to some module every time I am asking myself something.

My review

I am not a new blogger and I am not new to the affiliate marketing but I’ve not made any money with it. While I was reading the course, I’ve found myself knowing some of the strategies but I never used them since they were not well conceived as the one in the course. While you are reading it, you get some idea on how you can implement it on your blog. Also, Michelle put a lot of focus on the integrity of you the blogger, so you will not find yourself promoting stuff that you would not use. This was an important thing to me when I was reading the course.

I’m writing this review a week after buying the course so I don’t have any number to show if the Making Sense of Affiliate Marketing is really working but I have this feeling that I needed it to show me the ways of how using an affiliate to make money. I will update this review when I will have some result.

These bonuses are really great and I think Michelle could sell them as an option to the course and I will still recommend them to you. The facebook group is wonderful and you can get help from any blogger in it without being treated like an idiot. Two days after using the Pinterest strategy found in the course, I’ve double my Pinterest follower and I’ve got multiple clicks on my pins.

Is it worth the money?

First, of the question, I had before buying the course was if it worth the money? I’ve chosen to buy the course after two weeks without having a precise idea if it could help me. I can say that Making Sense of Affiliate Marketing worth every dime you put in it. The author, Michelle, made more than $50,000 in affiliate marketing with the tips and strategy you will learn. You can find some of this info on google but you will never get them as structured as this course. Also, time is money. You will lose a lot of time to find the information on google. You could use this time to implement the strategy you’ve learned in class and make money faster.

What are the cons?

I’ve read it in a night so it could be longer but you have all the information well concise

If you like to learn with video this course is not made for you. Else I think every blogger could use the course to perfect their affiliate skills even if they are already making money with their blog.

Conclusion

In final, I am very pleased with the course format and the strategy that I’ve learned. Also, at this price, I continually learn new things throw the Facebook Group of the Making Sense of Affiliate Marketing. It so easy to read that a new blogger would learn how to start well his blog and an old blogger will learn how to make more money with affiliate marketing.

My March 2017 Blog Report

Disclosure: There are some affiliate links below, but these are all products I highly recommend. I won’t put anything on this page that I haven’t verified and/or personally used

You want to see some blogger stats ? Come here now and see what are my stats and income for March 2017

This is my second month of blog report. It was a great month and it growth from february. I’ve got couple of weekend reading edition that got shared a lot.

 

Numbers

Here’s is the important part of this report the numbers. Next month you will get if the number increased or decreased.

Page Views:

773 (+58)

This month was one of the best months since I’ve started my blog. I had a 1000 views goal for this month and I’ve failed to get it. So, I would like to get 1000 views next month.

Aquisition

Referral :

83(-71)

I’ve not got a lot of referral this month. I’ve commented less this month on other blog, so it seems to be related.

Direct :

59(-25)

This amount deceive me a little bit since the direct are who are coming back directly to read my blog.

Social

323(+190)

27 (+24) came from Pinterest

294 (+165) from twitter

2 (+1) from facebook

I’m pretty happy with these number since I have used a lot more twitter and Pinterest. I’ve started using BoardBoaster with my Pinterest and it seems to work a lot. I’ve also posted a lot more on twitter and it really helped a lot.

Twitter Followers:

442 (+116)

Last month, I’ve spent a lot of time on twitter. I was tweeting with other blogger and I’ve also setup buffer to schedule some of my tweets. I’ve working a lot to make it growth but I’ve not set any particular strategy for it.

Pinterest Followers: 

140 (+97)

Since last month, I’ve pinned a lot of new Pin and started using a strategy to make my account growth and getting some traffic from Pinterest. I hope it will grow more and more. Next month, I will add some Pinterest image to old post and try to share more on Group Board.

Money made: I’ve made a $0.44 from the AdSense advertising. It small but it’s $0.26 more than February.  On the long term, I am planning to add some affiliate revenue on the blog for the thing I use. I would never recommend something that I would not use or recommend to my friends and family. I’ve bought the Making Sense of Affiliate Marketing and  I plan to use all my learning on this blog.

Most popular post:
The most popular post I’ve got is the How I plan for financial independence! post. This post got 124 views and Weekend Reading – Build Dividend Portfolio, $50 Day Strategy, Monthly Report was followed by the with 104 views. This Weekend reading edition got couples retweet that helped to get more views. Thanks to everyone who shared my post last month !

By the way, you know that you could get your own blog with Bluehost? For $3.95/month, you will have everything you need to start sharing your own experience on your own blog. If you need help to get started, you can look at my How to host your own blog post.

Net Worth March 2017 Update : $15,607.85 (+$1,425.775 +10.05%)

This is my net worth update for March 2017

Assets Feb-17 Mar-17 Monthly Change
Checking $1,500.59 $1,621.78 8.08%
Saving $8.35 $2,908.35 34730.54%
TSFA Investment $637.90 $911.03 42.82%
RRSP Investment $0.00 $0.00 0.00%
House $215,000.00 $215,000.00 0.00%
Car $12,547.00 $12,113.00 -3.46%
Liability
Mortgage $202,308.25 $201,795.37 -0.25%
Car loan at 0% $11,342.71 $11,014.06 -2.90%
Credit Card $1,860.80 $4,136.88 122.32%
NETWORTH $14,182.08 $15,607.85 10.05%

Again another net worth update. This month it’s a good one, it’s in the positive. In February, we had a bad month with all the tax and another annual bill, but this month it was a normal month.

I’ve saved way more than last month in my TSFA. The saving account is higher because my wife transferred me some money to pay for our Disney trip and I only have to pay the trip in August.

Income

This month was short and I’ve got 5 pay and I’ve also taken two sick days which were paid full last January.  These days were for me this time since I was too sick to get out of bed. I’ve got 4084.12$ in income last month. This includes my tax return for 2016.

Expense

Last month, I’ve spent 2838.04 which is an incredible low spending month. It was a slow month since we didn’t have any annual bill to pay in that month. My average is around $3200.

Saving

This month I’ve saved some money to my investment account. I’ve saved a total of 340$. I’ve saved 8% of my income which is more than my goal of 5%. Let see if next month will be around that.

Readers: How was your February month?

Weekend Reading – RRSP, Slowing Erning Growth, $2000 emergency, budget, not a box!

The best articles I've seen this week.Another weekend is about to start so here’s the weekend reading edition of the last week of march.

This week, I’ve have not the time to write a post since my kid was sick and didn’t slept well all the week, but here’s the last week post How I plan for financial independence!

MyOwnAdvisor asked himself if you can have too much money in your RRSP?

Dividend Growth Investor explains what to do about slowing earnings growth.

Budget are Sexy wrote about if you could pay a $2000 emergency.

Desirae of Half Banked teaches you how to handle going way over budget.

Chief Mom Officer talks about Frugal Fun With “Not A Box” – And Other Fun Objects.

So that’s it for this week, see you in April.

By the way, you know that you could get your own blog with Bluehost? For $3.95/month, you will have everything you need to start sharing your own experience on your own blog. If you need help to get started, you can look at my How to host your own blog post.

Warning: This post contains affiliate links

Weekend Reading – Engagement Ring, Books For Middle Schooler, Bank Tactics, Four-minute Portfolio

This weekend reading edition shares my top post that I've read last week.Hope everybody had a great week. Here’s the weekend reading for the weekend starting March 25.

This week I’ve wrote a post that helped to beat my all time page view in a day. If you’ve not see it here’s the How I plan for financial independence!

Chris wife from KeepThrifty sold her engagement ring after 7 years of marriage.

NotoriousDebt explains why blogging is a terrible side hustle.

Mama Fish Saves propose 5 Great Money Books for Your Middle Schooler

Boomer & Echo explains why his Four-Minute Portfolio Is Tough To Beat.

Do you know what to do when you are dealing with bank sales tactics ? Million Dollar Journey explains how to deal with these aggressive sales tactics

These are the posts that I had the time to read and think you should too.  Have a nice weekend.

Readers: Did I missed a great post?

By the way, you know that you could get your own blog with Bluehost? For $3.95/month, you will have everything you need to start sharing your own experience on your own blog. If you need help to get started, you can look at my How to host your own blog post.

Warning: This post contains affiliate links

 

How I plan for financial independence!

Ar you planning for Financial Independence? Here's how I am planning for it after a chat with my that about money and financial independenceDo you have an idea for how long you are willing to work before retiring? Are you willing to sell your time for money for most of your life?  Have you thought when you will reach financial independence? This topic came up last week when I was having a chat with my dad. I admitted to my old man that I enjoy my job but it is stressful and I deal with a lot of traffic during my commute. I can’t see myself doing this for another 40 years before being able to slow my life down enough to spend time with my family.

Because of my stressful career, I’m not able to focus on hobbies that I enjoy. These are mainly blogging and tinkering with small electronic projects. There just isn’t enough time to wind down, relax, spend time with my family, and enjoy my hobbies. My dad, now in his early fifties, completely agreed, saying that he doesn’t want to work for another fifteen years either. He’s actively trying to bank money to retire early so that he can quit his job might work better here and focus on the projects that he enjoys doing.

Are you planning to slow down before 65?

In my opinion, we live in a world that moves too fast. We work hard, constantly on the go, and so we should be retiring earlier than the member(s) of previous generations. Where I’m from, most of those people had industrial jobs. There were no emails or cell phones. They got up every morning, did their job, and went home. There was a limited amount of worrying about work. You punched the clock and checked your work issues at the door and went home to relax with your family. Those days are long gone. With modern technological advancements, your employer can and does contact you after you’ve left work for the day. Emails, text messages, phone calls. There are half a dozen ways for your boss to contact you and make you feel obligated to reply or answer immediately. I want and need that after work relaxation. I don’t want to talk to my boss during dinner. And you know what? I shouldn’t have to.

I work in IT tech. Everything that I do while at work has to be done quickly and I’m constantly having to update my skillset and even retrain myself on a monthly basis. I enjoy learning new things but eventually, I’m going to reach the age where I’m going to be overwhelmed to the point where I won’t be able to maintain my current speed of learning and training. On top of that, my pension plan frequently changes. As of the last negotiation, I need to work until 58 before retiring. It’s four more years than what I was supposed to work. I feel like the constant changes to my pension make for an unstable retirement plan. I want and need stability. This is why I’m investing. My goal is to invest to the point where a substantial part of my income is coming from dividends. I want to wake up in the morning and be there for my kid as opposed to worrying about packing a lunch, getting dressed, and dealing with an hour commute.

Here’s is my investment plan for financial independence!

I’m looking to put 50% in ZSP, 25% ZDV, 15% FIE and 10% ZRE. I’m looking to invest 10% of my money into a non-North American ETF but still doing some research. This will bring FIE and ZDV down by 5% each. This is for my core long-term investment plan.

Buying and selling stocks is addicting and a portion of my portfolio will continue to have stocks in it. Sure, it’s pretty much the same as buying a weekly lotto ticket, but I have intentionally allocated some cash into a “fun stock money” section of my portfolio. I personally do not recommend this idea and in my mind, most of it has been written off as a loss. Buying risky stocks is part of the fun of investing and I know that if I don’t allow myself at least a little bit of fun, I’ll never stick to my ETF plan.

Why buying ETF?

Also, since my ETF are free to buy, I can buy regularly without my profits being eaten by the fees. Personally, I feel safer in long term with them. These investments are my plan to generate monthly revenue. Working is exchanging your time for money and my investment will give me money without having to exchange my time for the same money. This is the best way I could see to slow down a bit and make my choice base on my wants and not my money needs.

In the end, my hope is that these investments will bring me to financial independence and I can start making decisions based on what I want to do with my life and how I want to live it. I can live off of $3000 a month after tax. Once I’m able to live the way I want, I would like to travel, focus on writing for my blog, and maybe even starting my own business.

Readers: Are you looking for a path to financial independence?

By the way, you know that you could get your own blog with Bluehost? For $3.95/month, you will have everything you need to start sharing your own experience on your own blog. If you need help to get started, you can look at my How to host your own blog post.

Warning: This post contains affiliate links

 

Weekend Reading – Power of Compound, Buying a House, Snowball

The best articles I've seen this week.Finally, it’s the weekend reading edition for the third weekend of march.

Last week, I didn’t do an edition of the weekend reading post since I was too sick to read the week post. This week I’ve posted one article about how to make an investment policy.

Finance for geek has explained why you should Never Underestimate The Power of Compound Interest.

Desirae from halfbanked explains five things to do before buying a house. If you are buying your 1st house, I recommend that you go read it.

Cody from Dollar Habits wrote a guest post on thinksaveretire talking about his fear to work ’til retirement.

I’ve seen a new personal finance blog this week and it’s Matt blog Lacking Cent.

Chief mom posted two great posts this week. One is about to snowball your way to millions with the latte factor and how to use your bonus to arise to break the golden handcuffs.

Have a nice weekend 🙂

Readers: Have I missed a great article this week?

How to write an Investment Policy

Learn how to write a great investment policy to take care of all your investment requirement.

When you are investing, you should always have an investment policy to respect. This will help you to make the wisest financial decisions for yourself while keeping you from making potentially costly impulse investments.

Why an investment policy?

Every decision you will make will be made with something you’ve written and this will help you to make a decision without emotion. We all know that emotion is the enemy of good investment and since we are human, emotion is difficult to take out of the equation. Your investment policy will ensure that you choose the right stock or investment vehicle.

What should be included in your investment policy?

Your investment policy should define:

  • How much money you will add to your account and when will you add it
  • Your allocation
  • when will you rebalance your account
  • Buying criteria
  • Selling criteria

You can personalize your investment policy to represent you. Imagine this policy as a contract with a financial manager who will use it to base his investment decisions on your behalf. Be clear and precise.

How much money will you add to your account and when will you add it

This section should explain when you will add money to your investment and how much money. I would recommend that you set automatic percentage savings from your paycheck and you should schedule it every paycheck. That way you will pay yourself first.

Your allocation

Your allocation will describe in what percentage you will invest in a specific market sector or geographical market. It could be 10% bonds, 25% Canada, 25% US, 10% REITS, 20% international market, 10% cash. This is only an example and this must represent your risk tolerance and your situation.

When will you rebalance your account

In this section, you will describe when you will rebalance your investment account. You can do it every month, year, or every time you add some cash.  This will prevent you from rebalancing every time the market moves from your allocation. From one scheduled rebalance to the next, it’s normal for there to be some market fluctuation.

Buying criteria

This should define a stock, EFT, funds that have to be bought by you. It can be a sector, a price drop, a low MER, etc. You can define this however you want.

Selling criteria

In this section, you can describe when you will sell your investment. For example, if the value is up by 10%. You can also add some criteria like that you need to hold it for at least 1 years or more. You can also add other rules for yourself, such as a time limit. One year, retirement, etc…

Finally, it’s easy to write an investment policy but the must important thing is that it represents your vision of what you want for your investment. It’s really important to remove emotion out of your investment equation since the market will not have any emotion for you.

By the way, you know that you could get your own blog with Bluehost? For $3.95/month, you will have everything you need to start sharing your own experience on your own blog. If you need help to get started, you can look at my How to host your own blog post.

Warning: This post may contain affiliate post.

My February 2017 Blog Report

This blog report contain all the info of my February month

This is a new thing for me, I’m now doing a monthly blog report. I will report some of my statistics and if it happens the money I’ve made from the blog. I think transparency is a cool thing to have forward my readers. This way other bloggers can learn more about what worked for me.

 

Numbers

Here’s is the important part of this report the numbers. Next month you will get if the number increased or decreased.

Page Views:

715

This month was one of the best months since I’ve started my blog. I started to be active at the end of January so I find this number amazing. I would like to get 1000 views next month.

Aquisition

Referral :

154

I’m happy with this number since I’ve been included in a Weekend Reading edition from a blogger that I read and respect.

Direct :

84

Social

133

3 came from Pinterest

129 from twitter

1 from facebook

I’m pretty happy with these number since I have used a lot twitter last month and just started using Pinterest in the last days of the months.

Twitter Followers:

326

Last month, I’ve spent a lot of time on twitter. I was tweeting with other blogger and I’ve also setup buffer to schedule some of my tweets. I gain about 1 to 2 new follower every day.

Pinterest Followers: 

43

This month I’ve started to use Pinterest after reading that some blogger gets most of their traffic from it.

Money made: I’ve made a 0.18$ from the AdSense advertising. It small but I guess it’s a start. On the long term, I would like to optimize and make a little bit more money to at least cover my hosting fee.

Most popular post:
The most popular post I’ve got is the Some of my thoughts about budgeting! post. This post got 67 views and was followed by the Weekend reading – Drip, Missteps, Continuous investment, Snowball with 58 views. This Weekend reading edition got couples retweet that helped to get more views.

By the way, you know that you could get your own blog with Bluehost? For $3.95/month, you will have everything you need to start sharing your own experience on your own blog. If you need help to get started, you can look at my How to host your own blog post.

Warning: This post may contain affiliate post.