*New Post* What’s Matthew Been Up To

What's Up

Hi everyone hope all is well with everyone. I’ve been a little quiet since my August 2019 Dividend Income post, so today I thought I would just update you on what I have been doing.

August

As you know if you read my August recap post that on the investing front I had a great and busy month with all of the buys, sells and record income (first time hitting $500 in August).  On the personal finance front I did something pretty awesome I became DEBT FREE. It’s something that I had wanted to do for a long time. I achieved this by taking a couple of my paychecks and giving them to my parents to payoff my loan to them. So once that was done I only had my car loan left. To eliminate the car loan I decided to take money out of my emergency fund and payoff the car once and for all. Even though my interest on the loan was under 1%, I felt I needed to pay it off because of the job cuts that were going to take place in Sept.

September

Personal Finance

September has been an expensive month for me. Every year there is a personal finance conference I believe it is usually held every September or October called FinCon. FinCon seems like a lot of fun and I tried to read as many recap blog posts as I could. I almost attended this year’s event in Washington D.C., however next year I have made the decision to attend which will be my very first time attending the event. Next year the conference is being held in Long Beach, California. As soon as I made the decision to go I bought my ticket for FinCon ($200 USD) and booked an AirBnb. So September spending has been crazy.

On the savings side I have been putting all of my money from my paychecks into my savings account to rebuild my emergency fund. As of September 20th the account is back up to where I had it in the summer. This was important for another reason, I may have to dip into my emergency fund soon as my union maybe going on strike with the government. For those of you that don’t know I’m a custodian and work for a local school board, how contract ended at the end of August. I won’t go into the details of what the government has offered us other than to say it’s pretty bad. We held a strike vote a couple of weeks ago and all support workers in Ontario voted 93% in favor of striking. Fingers crossed it doesn’t come to that!

Investing

Since all of the buys and sells in August I have been very quiet on the investing front. I have not made and buys or sells, I have been sitting back and collecting my dividends. Thanks to the drip program I have been able to drip new shares of some stocks. Also I have received some juicy dividend increases from Microsoft and Texas Instruments. Last week I was able to put $500 in my TFSA account and I thought I would be able to start making more contributions but I may have to hold off on that with the work situation.

Well folks that is what I’ve been up to over the last couple of months. Next week I will have a new post recapping the dividend income from September.

Thanks for reading!

Matthew

 

6 thoughts on “*New Post* What’s Matthew Been Up To

  1. Hey Matt, thanks for the update! It’s nice to get debt off the shoulders. It’s a great feeling when you owe nobody. It’s like getting the freedom back. Sucks about the work situation and potential strikes. Those strike sucks as you get no pay for those days. And you also need to contribute to your union from every paycheck. I went through that two years ago when my school board had a 4 day strike. The government screw us over and the union screw us over. Because the strike of 5 days or more, we get compensation, but the deliberately stopped it at day 4 for not paying the employees. And we pay about $1000 per year for this nonsense. Hopefully, you don’t have to go through this. Now you gotta get your emergency funds in check 🙂

    Liked by 1 person

    1. Hey Jordan thanks it’s a great feeling not owing anyone anything. My long term plan lol well I don’t really have one. Over the last few years I have been laser focused on investing or paying off debt, that housing was never a thought. At this moment I would say apartment as it is going to take years to save up for a house or maybe I will meet someone and we get a house together? Yes it never seems to end does it! Yes hockey is back and I’m looking forward to the season.

      Liked by 1 person

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