When we talk about money, two concepts often come up: investing and gambling. At first glance, they might seem similar—both involve risk and the potential for financial gain or loss. However, they are fundamentally different in purpose, strategy, and outcomes. In this blog post, we’ll explore these differences in a clear and straightforward way. We’ll … Read more
Managing money is a part of life for everyone. Whether you’re just starting to handle your finances or you’re looking to grow your wealth, understanding the difference between personal finance and wealth management can make a big impact on your future. Let’s dive into these concepts with real-life stories, clear explanations, and practical tips you … Read more
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 … Read more
Why Funds? It would take pages to fully explain funds, so here’s my brief summary. Owning a large assortment of individual stocks and bonds is a low risk way to aim for the best long term returns from the stock market. Unfortunately setting up this type of portfolio traditionally required a large amount of money. … Read more
When it comes to creating an emergency fund, saving for retirement, or paying down debt the standard solution seems to be “I’ll get to it when I get to it”. So when is the right time to deal with your finances? The best time is always! Saving a small percentage of your current income to … Read more
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 … Read more
