{"id":258746,"date":"2026-01-26T18:31:26","date_gmt":"2026-01-26T18:31:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/258746\/"},"modified":"2026-01-26T18:31:26","modified_gmt":"2026-01-26T18:31:26","slug":"2025-goals-and-resolutions-q4-update-and-wrap-up-tawcan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/258746\/","title":{"rendered":"2025 Goals And Resolutions – Q4 Update And Wrap Up \u00bb Tawcan"},"content":{"rendered":"

It\u2019s hard to believe that 2025 is in the books and we are in the first month of the new year\u2026 and the second quarter of the century.<\/p>\n

2025 was the seventh year that I created goals and resolutions at the beginning of the year. I then shared my progress every quarter on this blog. Over the years, I have found the quarterly updates very useful for me as they help me to track my progress and keep me accountable to myself. My goal for these quarterly updates is to demonstrate to readers that it is possible to achieve these goals and resolutions if you take action. Hopefully, readers also enjoy these updates (please let me know if this is not the case).\u00a0<\/p>\n

At the beginning of 2025, I created 13 goals and resolutions for myself. Let\u2019s find out if I accomplished any or all of them.<\/p>\n

2025 Goals and Resolutions \u2013 Q4 Update & Wrap Up<\/p>\n

Here\u2019s what my 2025 goals and resolution spreadsheet looked like at the end of the year:<\/p>\n

\"Tawcan<\/p>\n

Overall, you\u2019ll see that I accomplished 11 goals, partially completed one goal, and failed on one goal.<\/p>\n

Financial Goals<\/p>\n

Dividend Income Over $60,00 \u2013 Completed. A+ $64,838.46<\/p>\n

We not only accomplished the $60k in dividend income goal, we crashed it by over 5%!\u00a0<\/p>\n

What\u2019s really cool to see is that we not only exceeded our 2025 dividend income projection, we actually exceeded the 2026 dividend income projection as well.<\/p>\n

\"Tawcan's<\/p>\n

$25k in LTSS\/cash wedge \u2013 Completed. A<\/p>\n

In my Q3 update, I stated that I wasn\u2019t 100% sure whether we would be able to accomplish this goal or not. But by the skin of our teeth, we managed to save enough in Q4 to have more than $25k in our Long Term Savings for Spending account (or LTSS\/cash wedge).<\/p>\n

Phew, mission accomplished!\u00a0<\/p>\n

Boost RESP by $1,500 each \u2013 Done. A+<\/p>\n

Because we didn\u2019t \u201cfront-load\u201d the RESPs by contributing $14,000 when each kid was born<\/a>, we wanted to keep contributing money and max out the additional $14,000 RESP contribution room as quickly as possible.\u00a0<\/p>\n

We accomplished this goal back in Q1. Since then, we added a bit more money in Q2 and Q3 to each kid\u2019s RESP to get closer to the $14,000 limit. We didn\u2019t quite max out the $14k limit by the end of the year so this will be one of our goals for 2026.\u00a0<\/p>\n

Blog Goals<\/p>\n

Continue publishing a blog post every Monday \u2013 Completed. A.<\/p>\n

I published a blog post every Monday in 2025, which I believe is quite an accomplishment considering each post probably takes me at least two hours to write; more if a post requires more research and analysis.\u00a0<\/p>\n

Late last year, I also started a podcast with Nelson called the DIY Wealth Canada Podcast.<\/a> Currently, it\u2019s a passion project as the podcast doesn\u2019t generate any revenue but it certainly takes up more of my time. We\u2019ll see how the podcast performs in 2026.\u00a0<\/p>\n

Improve Google Pagespeed to >=90 Performance \u2013 Done. A+.\u00a0<\/p>\n

I spent a bit of time tweaking the blog in Q1 to improve Google Pagespeed. Overall, I\u2019m pleased with the speed of the site.<\/p>\n

Consider whether to incorporate or not \u2013 Done. A.<\/p>\n

After talking to a few tax specialists and fellow bloggers who have incorporated, I decided not to incorporate the blog. Although the blog generates some income, if you calculate the hourly rate, I\u2019d be making way less than the minimum wage (ouch!). So, considering the incorporation cost and the yearly recurring cost, it simply doesn\u2019t make sense to incorporate.\u00a0<\/p>\n

Personal Goals<\/p>\n

Read 15 books \u2013 Done. A+. Read 20 books.<\/p>\n

I\u2019m very happy that despite my busy day-to-day life, I read a total of 20 books throughout 2025, five more than my target of 15 books. Here are the books I read throughout 2025 in case you\u2019re wondering:<\/p>\n

Don\u2019t Worry Retire Happy by Tom Hegna<\/p>\n

Retirement Reality Check: How to Spend Your Money and Still Leave an Amazing Legacy by Josh Jlinski\u00a0<\/p>\n

Morris Chang Autobiography Volume 1 by Morris Chang<\/p>\n

The Temperament God Gave Your Kids by Art and Larraine Bennett<\/p>\n

Richer, Wiser, Happier: How the World\u2019s Greatest Investors Win in Markets and Life by William Green<\/p>\n

When Breath Becomes Air by Paul Kalanithi<\/p>\n

The Money Trap: Lost Illusions Inside the Tech Bubble by Alok Sama<\/p>\n

Fall of Giants by Ken Follett<\/p>\n

The Rules of Management by Richard Templar<\/p>\n

Morris Chang Autobiography Volume 2 by Morris Chang<\/p>\n

The Nvidia Way: Jensen Huang and the Making of a Tech Giant by Tae Kim<\/p>\n

Around the World in Eighty Days by Jules Verne<\/p>\n

Winter of the World by Ken Follett<\/p>\n

Edge of Eternity by Ken Follett<\/p>\n

Zen Money by the Seven Dollar Millionaire<\/p>\n

Genius Myth by Helen Lewis<\/p>\n

Make Money Easy by Lewis Howes<\/p>\n

Outlive \u2013 The Science & Art of Longevity\u00a0 by Peter Attia<\/p>\n

How to Retire by Christine Benz<\/p>\n

5 Years to Freedom: A Canadian Guide to Early Retirement by Rejean Venne<\/p>\n

Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism by Sarah Wynn-Williams<\/p>\n

Out of these 20 books I read, my favourites were \u201cWhen Breath Becomes Air,\u201d \u201c Fall of Giants,\u201d \u201cThe Nvidia Way,\u201d \u201c Genius Myth,\u201d \u201c and \u201cCareless People.\u201d\u00a0 If you haven\u2019t read these books, I highly recommend each and every one to you..\u00a0<\/p>\n

Join 2 curling teams \u2013 Done. A+ Jan-Mar 2 teams & spared on 1 team. Sep \u2013 Dec 3 teams & sparing on 1 team.<\/p>\n

When the 2025-2026 curling season started in September, I was on three teams \u2013 playing as the skip on a mixed team, the third on another mixed team, and the 5th payer on the men\u2019s team (playing as the lead). I have also spared here and there on Thursday night and Saturday morning. For a few times, I was playing on Monday, Tuesday, Wednesday, and Thursday evenings. This led to Mrs. T asking why I was out every evening and whether I would spend more time with her.\u00a0<\/p>\n

Therefore, I will need to dial back a bit for the remainder of the season, probably not being the spare as much as I did. For the next curling season, I should probably consider only joining two teams so my evenings won\u2019t be as occupied.\u00a0<\/p>\n

Replace 2013 iMac \u2013 Not done.\u00a0<\/p>\n

Oops, we didn\u2019t replace our super old iMac.. This happened to be the only goal\/resolution I didn\u2019t accomplish in 2025.<\/p>\n

With rumours that Apple will announce new displays in 2026 and that the M5 MacMini should get announced too, the plan is to replace the iMac this year.\u00a0<\/p>\n

Fix Fence \u2013 Partially Done. B-<\/p>\n

I cleaned up the fallen fence posts and fixed some panels this past summer but I couldn\u2019t fix the whole thing myself. To properly fix the fence, we would need to build a concrete retaining wall and then put the fence up on the retaining wall. This would be a job for a professional.\u00a0<\/p>\n

Fun Goals\u00a0\u00a0<\/p>\n

Visit Taiwan with family \u2013 Done. A.\u00a0<\/p>\n

We visited Taiwan for three weeks and celebrated the Chinese New Year with my extended family. It was a great trip.\u00a0<\/p>\n

Omakase with Mrs. T \u2013 Done. A.<\/p>\n

We went to two sushi Omakase while in Taiwan and really enjoyed the food.\u00a0<\/p>\n

Summer camping trip \u2013 Done. A.\u00a0<\/p>\n

We camped for two nights at Chilliwack Lake in the summer. We plan to go back there this year.\u00a0<\/p>\n

Summary \u2013 2025 Goals and Resolutions Q4 Update & Wrap up<\/p>\n

Looking at my 2025 goals and resolutions and what I have accomplished, I believe I did a fantastic job. Not having too many year-long goals definitely kept me more motivated and made it easier to accomplish my goals and resolutions.<\/p>\n

How was your 2025? Did you accomplish the goals and resolutions that you set out at the beginning of the year?\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s hard to believe that 2025 is in the books and we are in the first month of…\n","protected":false},"author":2,"featured_media":258747,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":{"0":"post-258746","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-il","11":"tag-israel","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/258746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=258746"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/258746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/258747"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=258746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=258746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=258746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}