Can you guarantee the financial future of yourself and your family? Use these “Effective Strategies for Saving Big” to help prepare your finances for an uncertain future. There are simple, effective ways to get your finances in order and save for the future. There are also many different reasons to save, including having an emergency…
The End Game Getting to a secure and happy retirement never happens by accident. Retirement is the end game to a lifetime journey. I like to think of the road to retirement bliss as requiring navigation key milestones. These milestones are the building blocks to the final goal. So what are these lifetime milestones that…
Review of “The Cash Machine: A Tale of Passion, Persistence, and Financial Independence” by Dave Mason and Chana Mason. I read avidly on personal finance and write this blog about it. I loved this book! It encapsulates the F.I.R.E. movement (Financially Independent, Retire Early) philosophy and shows one way to achieve your financial independence. Financial…
One of the new buzzwords gaining momentum in 2024 is a term called “loud budgeting”. So what’s this all about? Simply put, loud budgeting is being honest about what you do and don’t want to spend money on. And by being honest, the intent is that you share your money opinions openly and loudly. We…
Warning: this post contains numbers and simple mathematics. A lever is a simple machine that allows you to amplify an input force to provide a greater output force. That extra force is called leverage. The same principal can be applied to investing and is referred to as financial leverage. Traditionally financial leverage requires you to…
Definition of Family Budget Planning Family budget planning is a practical and straightforward approach to managing household finances. Family budget planning involves creating a detailed plan to spend income wisely, ensuring that all family members are on the same financial page. Remember, a budget lets you decide where your money goes! Making and following a…
Neglected Topics One of the most uncomfortable topics for families to discuss revolves around assigning responsibility for Power of Attorney, last wishes, and acting as an executor for ones Will. But discuss these topics you must. This is not a situation where you want to make assumptions or outright guesses. These often neglected topics are…
Within Arms Reach Thus was born our current state of instant spending and gratification. If you want it, you can have it, NOW. Is instant gratification and the ease of on line purchases a good thing? Absolutely. The concept resulted from the demand for convenience and I happen to like that convenience. When used sensibly,…
If you are living paycheque to paycheque, wondering where your money goes, you need this post. In almost every case that I have seen, when people say, “How can I manage my money, when I don’t have any?” They are mistaken. They just don’t pay attention to what they do with the money they have….
That Extra Push The human brain is a lean mean learning machine that makes us the envy of all living creatures. Despite having this amazing organ, new learning is an unnatural and tiring process most of us avoid at all cost. To get your nerve cells to store information into memory you have to review…