It is that time of year again! Time to start thinking about topping up the RRSPs for 2007 tax year. The Government of Canada allows it’s citizens to purchase additional RRSPs (Registered Retirement Savings Plan) in January and February to go towards the 2007 tax year.

This is a great option if your RRSP contributions are short and you need to add some RRSPs to lower your taxable income. Personally, it adds some extra flexibly that I can use the extra contributions for either the 2007 or 2008 tax year.

Plus, 2007 was the year I made my first time home buyers purchase using my RRSPs to fund the purchase. The great thing about doing that is you can make up to $20,000 to a first time home purchase from your saved up RRSPs. However, the catch is I have to replace the RRSP money back into my savings. So I have 15 years to pay back my home purchase deposit and the extra contributions should give me some extra flexibility when I start re-filling my savings.

Oh, by the way, February 10 was my 31st birthday. My Facebook page was loaded with over 30 birthday greetings. Good to know that I am loved.

Man was January busy. My new job is really keeping me busy and on my toes. But I am really enjoying working in flash full time and learning new things all the time. It is proving to be a very positive move for my career. But not to worry, I have not forgotten my commitment to retiring early with earning $1 million dollars!

January’s Progress:

AdSense: $6.59
Kontera: $0.92

Not bad, every bit counts. I hope to do a couple of things that might bring in some extra revenue, but that will be directly related to how busy work keeps me going. Plus, I hope to get a few more posts done this month than I did in January.

As some of you might know I created a very basic web page this month, it is Sonic Word of the day Resource. It is a web page built to function in relation to a local radio station promotion. It allows my friend and I to track key words on specific days to earn points that can be used for prizes. What is really cool about it, within 5 days the keywords like “sonic word of the day” was placing the web page higher than the related page from the radio station itself. What a surprise when considering their was only this website linking to it and it had been up for a few short days.

So far the web page has received close to 200 hits in 2 short weeks. I am planning on expanding the functionality of the web page by using Wordpress to apply more functionality and a blog. Plus, I will add more thought to the design. It is kind of ugly right now. Hopefully, it will pan out and I can get more people discovering the site and eventually clicking on the ads. Considering that it is very localized, I don’t expect it to be a big money maker, but it might help create more exposure for My Retirement Project dot com.

Additionally, I have decided that it would be best to lead by example. It is generally good practice to have automatic contributions to your retirement savings on a monthly basis that is automatically deducted before you have a chance to spend the money. So I have decided to give up buying a DVD a month (not to say that I do by a DVD a month, but figuratively speaking of course). Starting February, I am contributing $25 per month of my own money each month to the retirement project investment. I know it isn’t a lot, but every bit helps and I really don’t need to by the newest DVD.

Tonight on CBC is yet another Test the Nation television show. The first time this show aired it was to test IQ’s of people from across the country, I took the test and got a respectable 113 IQ score!

This time around the testing material isn’t an IQ test, it is Trivia from the year 2000 to today. The test is pretty simple and fun to take. I think I could have done better, but they put a 20 second timer on the questions so a couple I answered hasty. Still 46/60 is a respectable score. Here is the break down of my scores:

• Pop Culture: 6/6
• Earth and Beyond: 4/6
• Rich and Infamous: 3/4
• Technobabble: 4/5
• Poli-Sci-Fi: 2/5
• Lightning Round: 5/6
• So Scandalous: 3/5
• World at Large: 5/6
• Body Politik: 5/6
• Say What?: 3/5
• Indulge Me: 6/6

What surprised me is that there was very little Sports Trivia. Which is good because I really suck at sports trivia.

You can try the free quiz yourself at: http://www.cbc.ca/testthenation/

Let me know how you did by commenting below.

Tonight I quickly whipped up a small little web page to see how quickly a directly targeted page can gather traffic and potentially AdSense revenue. The page is really basic and lets just say design isn’t one of the parts I put in some time.

The premise for the page is that there is a local radio station running an on going campaign using specific words that lets listeners earn points that can be used for contests and prizes.

My buddy Darryl and I started by emailing each other the secret/blurb words, but we both felt there was a better way. The Sonic Secret Word of the Day Resource page I created is a good first attempt. The static web page uses an embedded Google Calendar to showcase the words on specific days. Using this tool is great because it is simple to update and I can control who enters in the Secret Words that can be used to collect points.

For now, I will see how effective it is and if people are actually using the page. If there is a certain level of success, I might take this a step further and add extra functionality on as needed basis.

This was just too funny not to share. Bill Gates last day:

Video: Bill Gates Last Day CES Clip