Money management is a lifelong journey, and understanding the timeless principles of handling your finances is essential. I have learned that there are 10 money rules that never go out of style. Whether you’re just starting your financial journey or looking to refine your money habits, these rules will guide you as you navigate the…
Buying your first home is an exciting milestone, but it can also be financially challenging. That’s where the Tax-Free First Home Savings Account comes into play. This plan offers a practical and tax-efficient way for Canadians to save for their first home. Let’s explore how this registered savings account can be the key to your…
Hey there, fellow adventurer on the path to becoming an effective manager of your money! Buckle up because we’re about to embark on a journey that will equip you with the skills and strategies to take control of your financial destiny. Whether you’re new to the money management game or looking to level up your…
Life between the ages of 25 and 40 is an exhilarating period filled with personal growth, career milestones, and exciting adventures. Yet, amidst all the hustle and bustle, it’s essential to establish a solid foundation for your financial future. This comprehensive guide for beginning your financial planning aims to help you navigate the world of…
Before you start any financial journey, you need to know four things: Where are you now, Where do you wish to end up, What is your current cash flow, and What is your plan to achieve your goal. Few trips are completed without challenges. Your financial journey is exactly the same. If you don’t have…
Are you yearning for a financial strategy that doesn’t require deciphering complex stock charts? We explore this idea in The Balance: An Old Guy Offers Some Random Thoughts On Money Kindle Edition by David Penna (Author). Meet David, a former mining geologist whose unique background has shaped a simple financial strategy for a secure retirement….
Recently, my wife’s aunt passed away and left us a decent windfall. Our big problem was clearly, the best way to use our windfall. Fortunately, we were able to work through our choices fairly quickly. In this article, I will lay out the choices available to most people, and how to sort through them. When…