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…
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…
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…
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…
Run The Numbers ……. And Learn It’s that time of year again so I’m running this post as a friendly reminder that completing your annual taxes doesn’t have to feel like a death sentence. If you’re like me you probably enjoy completing your yearly tax return about as much as you enjoy paying tax in…
Understanding the distinction between needs and wants is crucial for effective personal finance. Breaking down the essentials is necessary to making practical insights that help you to make informed financial decisions. Defining Needs vs. Wants Basics: Things You Really Need What you need are the important things for staying alive and feeling good. Let’s talk…
Your Money Plan Your money plan, also known as a budget, is like a superhero for your finances. It helps you stay on track and reach your money goals. Let’s find out why having a money plan is super important: Keeping Track of Money A money plan helps you keep an eye on the money…