Can You Resist the Marshmallow? What a childhood experiment taught us about wealth, retirement, and financial peace of mind. A simple test, a sticky lesson In the 1960s, psychologist Walter Mischel ran a famous experiment at Stanford University. Children were given a marshmallow and told they could eat it now—or wait 15 minutes and get … Read more
Mastering Your Money: Why Discipline is 90% of the Game (and How the 70/20/10 Rule Can Help) Ever feel like no matter how much you learn about money, you’re still stuck living paycheque to paycheque? You’re not alone. The truth is, managing money isn’t just about knowing the latest tips or mastering complex budgeting apps. … Read more
What does it take to succeed in the stock market? Investing in the stock market can feel like stepping into the world’s largest casino. Unlike a trip to Vegas, however, this game can be won—with discipline, knowledge, and a solid plan. The stock market remains one of the most powerful tools for Canadians to secure … Read more
“You Can’t Always Get What You Want” is a famous song by the Rolling Stones. This song speaks to the difference between desire and need. Sometimes, when you’re chasing something you think you need, life can be tough. But in the end, you often find you get what you actually need. This idea is central … Read more
Embracing Reality Understanding Your Limits and Rising Above The hardest truth for most people to accept is that they are average. We’d all much prefer to be like the few people gifted with special talent. The reality is that a very, very small percentage of the population ever achieves greatness. At the Olympics, there can … Read more
When it comes to being successful, timing can make all the difference. The timing of your decisions can often determine the results. Making important decisions early can increase your chances of success, while delaying them can lead to missed opportunities. In many cases, institutions use timing to their advantage, often at our expense. How you … Read more
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
I’ve been told that doing the same thing over and over and expecting a different result can be used to label a person as insane. If that were truly the case I suspect that more than half the population would qualify. We are creatures of habit after all. What that means is we often learn … Read more
It’s no secret that many Canadians are drowning in debt. With the average consumer debt soaring over $21,000, it’s a stark reality that confronts many households. But is there a way out? For some, the solution lies in debt consolidation. Let’s delve into what debt consolidation entails, its pros and cons, and whether it’s the … Read more
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, … Read more
