Know Your Blogger Series
I wanted to use the blog as a way to chronicle my quest for financial independence and a joyful life. I wanted to show that it is possible to become financially independent as a single income family while living in one of the most expensive cities in the world.
After blogging for a couple of years, I revealed my identity. In case you’re curious, Tawcan is a name that I came up with since the late 90’s which stands for Taiwanese Canadian.
Check out our Q&A with Tawcan here.
During these weekly features, we are hoping to provide a way for you to interact and learn more about different blogs in the personal finance space.
Below, you can read more about the story behind Tawcan, learn about the author, and learn personal finance tips from Tawcan to help you improve your financial situation.
A big thanks for Tawcan for this interview! Now, we will turn it over to the author for this interview.
Tell us about Tawcan
What makes you and your blog unique?
What does “being good with your personal finances” mean to you?
What are some habits you practice to keep your personal finances in order?
What are your three articles people should read to get to know you and your message better on your site?
For someone looking to improve their financial situation, what’s your best advice?
In your opinion, what’s better? Renting a place or buying a house to live?
What are your favorite personal finance books?
What is your favorite investment class and why? (stocks, private business, bonds, real estate, crypto, precious metals, etc.)
If you received a $5,000,000 windfall tomorrow, what would you do with the money?
Donate $1 million to a charity of my choice as writing a $1 million cheque and donate to a charity is a big dream of mine.
Allocate $1 million to pay off mortgage, travel fund, and money for investing in small businesses.
Allocate $1.5 million for investing in a mix of dividend stocks and index ETFs to generate passive income. At a conservative yield of 3%, that would generate about $45,000 a year.
Allocate the last $1.5 million would be used for investing as well and I’d donate the distributions every year.
What’s a non-money related interest you have and what do you love about it?
How You Can Contact Tawcan for More Information
Thank you for reading this interview, and thank you, Tawcan, for providing us with some great personal finance tips!