In 4 short weeks, the new year will have arrived. Hooray! Happy, happy, joy, joy! Kiss kiss to everyone! I don’t know about you but I don’t believe in new year’s resolutions. If I think changes to my life are going to make it better, then I’m going to implement those changes as soon as […]
A few weeks ago, I wrote about how inflation is a money-eater. I stand by that statement. Inflation makes everything more expensive. My cost of living is going up but my salary is staying the same. In light of inflation’s impact, I’m tweaking my emergency fund to account for it. In short, my emergency fund […]
If my various timelines are to be believed, Black Friday is officially next week. Retailers are running their marketing departments ragged, now that spending season is back. They want you online and in stores, wallets open! You are the prey and their inventory is the bait. They want your money and they want it bad. […]
For those about to invest, we salute you! There is now one less impediment between you and your financial goals. Back in the dark ages, which is when I first started my investment portfolio, buying securities through a brokerage was expensive. For many years, I had automatic contributions withdrawn from my bank account by a […]
As a non-expert financial person, my advice to nearly everyone is to adopt a buy and hold strategy because it works over the long-term. When the pandemic was declared in March 2020, the stock market took a dive. And it wasn’t a sweet, gentle decrease either. It was a stomach-churning drop that saw me lose […]
Quick! Do you have a variable rate mortgage? Has your lender given you the opportunity to lock in your next mortgage rate today since it’s up for renewal in the next 90-120 days? If the answer to either question is yes, then I’m going to suggest that you seriously consider locking down a fixed-rate mortgage […]
Very recently, I learned that dear friends of mine had opened an investment account for their child who had recently turned 18 years old. My reaction was one of happiness because my friends are nurturing the seeds of intergenerational wealth for their family. The intent is to help the offspring build the habit of investing […]
Today, I read a Twitter thread about inflation and its impact on money. So many people feel that their paycheques are not going as far as they did before. Their net income is going to shelter, groceries, and utilities. Yet, they feel that it’s harder and harder to survive from one paycheque to the next. […]
This week, I made a slight tweak to my savings account and it will result in my savings account earning 12.5x as much interest as I was earning before. Yes – you read that correctly. I will earn 12.5x more interest by making one small adjustment to my automatic transfers. At the time of this […]
Learning about personal finance and investing has been a hobby of mine for the better part of 30 years… wow – that’s a long time! No wonder I make those odd noises when I get up from the couch… Anyway, one of the first books that set me on my successful path was The Total […]