Never Budget Again: The Canadian Financial Plan That Works
Never Budget Again: Finally, A Financial Plan That Won’t Make You Want to Hide Under Your Desk
David
Why Taking Responsibility for Your Money Is a Noble Cause
A Short Lesson From Leadership Early in my career, I was promoted into a supervisory role – an adjustment I didn’t fully welcome. Like many workers, I believed supervisors spent their days in meetings while the real work happened elsewhere. It didn’t take long to learn how wrong I was. Managing people is stressful. Responsibility … Read more
Herd Mentality vs. Financial Freedom: Escaping the Norm
Social Boundaries Money has a way of breaking people into classes and throughout history we have always had a class system in our society. In our modern society we often talk about where the majority of people spend their lives – the middle class. This is merely the middle ground between two extremes; the poor … Read more
How Small Steps Lead to Your Financial Evolution
The learning process is often viewed as being cruel and painful because we typically learn by failing. Our failures force us to do better and as the saying goes we learn from our mistakes. Many people believe they can shortcut the learning process, bypass the unpleasantness of failure, and quickly change but unfortunately this rarely … Read more
How to Save More and Spend Less: Needs vs. Wants Explained
These top ten lists are everywhere but are most annoying to me when it comes to managing your finances. Whether it’s the top ten ways to save more, spend less or trim your budget these lists all have a common theme: the importance of tracking your expenses. We only have eight here “8 Sensible Living … Read more
Life Oriented Financial Training…. Finally
When I reflect back on my education I’m often left wondering why I was taught certain subjects and to such great detail. As a scientist I was required to learn advanced level calculus, differential equations, chemistry, and physics. It’s certainly nice to have some knowledge about these sciences. But I can honestly say I’ve never … Read more
Throw Darts at the Paper to Pick Stocks
When it comes to investing your hard earned money many people agonize over what investments to pick. I’m reminded of an old joke investment advisors used to tell clients. When markets are way down such as during a recession you could take the stock listings from a newspaper and throw darts at the paper to … Read more
Why Diversified ETFs Are Your Best Bet in the Long-Term
Humans love to recognise patterns and one of our greatest skills is our ability to reason. When we observe a pattern happening in the present we can make logical predictions about the future. Extrapolation This skill is called extrapolation. If the pattern happens to be governed by a scientific law our future predictions are guaranteed. … Read more
The Financial Impact of Hitting the Mortgage Trigger Point
Imagine someone pointing a gun at you and your future hangs on that person’s finger pressing against the trigger. It’s a situation none of us ever want to face. Unfortunately, there is a similar situation happening to many people these days. It even has a similar name: trigger point. What’s a Trigger Point? So what … Read more
How to Secure Your Financial Future in Four Simple Steps
These days most people want an easy painless method to achieve financial security and get to an early retirement. Sorry, but that magic bullet simply doesn’t exist. Having now written two books on this topic I can say there are four essential steps to getting your finances in order. Let’s review: Step one: Commit to … Read more
