I have directly observed the financial struggles for the demographic just initiating their careers (18-24 years old). I’ve seen their financial issues impact career progression, close relationships, and happiness.
Then I found out that money was the #1 source of stress in the U.S and Canada, exceeding health-related stress, job stress, and relationship stress. Surveys show that 59% of Americans and 53% of Canadians live paycheck to paycheck.
So don’t feel bad if you don’t understand money stuff. It’s normal. Most of us didn’t learn about money in school. Plus our culture incentivizes spending, leading to many broke people who live extravagant lives.
We live in the most prosperous times in human history. The income per capita has never been higher, and quality information has never been more accessible. I believe that you can achieve financial health and grow wealth with discipline and education.
Hi, I’m Jake.
I’m a frugal 28-year-old Canadian. I love squeezing the most out of my time and money. I invest over 55% of my income while maintaining a lifestyle that I consider to be full of wealth. I’ve been doing DIY investing for the past 6 years. I also take great pride in my 11 year old civic that I hope to drive until 2028.
Apart from personal finance, I love fitness – weight lifting, mountain biking, and road cycling. I find it important to do something hard daily to maintain self-discipline. Fitness meets this intent, while increasing energy, sleep quality, and cognition.
I’m a big nerd at heart. I love reading non-fiction, and I like numbers. I studied Engineering Physics at Queen’s University, and my biggest takeaway physics is that a deep understanding of core concepts can be applied to an infinite number of unique situations. These core concepts greatly simplify personal finance.
I have a full-time career as an Officer in the Canadian Armed Forces. I am always learning about human behavior, to become a better leader. It’s fascinating. Naturally, these leadership lessons spill over into personal finance.
I hold an MBA from the Royal Military College of Canada and am finishing the Accredited Financial Counselor Canada (AFCC) certification.
I firmly believe in practicing what you preach, so you won’t find content on Wealthy Corner which I do not embrace personally. Enjoy.