Keep It Simple, Already These days most people want an easy painless method to achieve financial security. Sorry, but that magic bullet simply doesn’t exist. Having now written two books on this topic I can say there are a four essential steps to getting your finances in order. Let’s review: Step one: Commit to saving…
Managing your money wisely is a skill that can transform your financial landscape. Let’s explore practical and frugal tips that can have a positive impact on your financial well-being. Remember, it’s the small changes that often lead to significant results. Create a Budget Start by creating a simple budget that outlines your income and expenses….
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 forge information into memory you have to review…
How would you describe retirement in a nutshell? Many people have interesting ideas of what their ideal retirement would look like and I’m no exception. Naturally I expected the best case scenario for my retirement. Can you imagine my surprise as the reality of a pandemic hit home early into my retirement. Definitely didn’t see…
During my working career I’ve seen important people come and go and sometimes wondered why well intentioned professionals were axed. In most cases, people were shown the door because they didn’t meet expectations placed upon them. What I didn’t realize until after the fact was that sometimes the expectations were unrealistic and simply used to…
The first signs of winter were overdue this year but once again we’re dealing with the reality of the snowy season. Who can forget that first snowfall and a child’s insatiable urge to build a snowman? Actually, snow is an amazing substance and children quickly learn that the best snow for making snowmen is the…
It’s early January and I’m seeing a blitz of commercials promoting low fee investing services. The timing of these ads is no coincidence as people are fresh into New Year’s Resolutions and wanting to ensure a better future. So is all this hype about reducing investing fees really true? Do those higher fees make a…
There’s an old joke about the drunken sailor who was asked if he had a financial plan. Well, sure he said “I spend a third of my money on women, a third on drinking and the other third I spend foolishly”. While it’s meant to be a joke, unfortunately it describes how many people are…
TFSA or RRSP? Okay, it’s February and the same question pops up every year at this time. Do I put extra money into an RRSP or a TFSA????? Before making that decision let’s begin by seeing how these plans work. Canadian Registered Investments In Canada we have two common registered investments, the Registered Retirement Savings…
Financial Survival Amid Uncertainty It has been said that the only certainty in life is uncertainty. Well we are definitely living in uncertain times. Having been through a devastating pandemic we’re all returning to normal, but it really isn’t the normal we left behind. The future certainly holds some surprises that will make financial planning…