Emergency funds… you need them in sickness and in health. My workplace has been a hotbed of germs and colds and flu for the past few weeks. Even I had to take a day off to give myself some time to rest and recover from my head cold. And I started thinking about how fortunate […]
Go ahead, Gentle Reader – you’re on the air. Blue Lobster, I’ve got a question for you… I’ve saved up some money. Where do I invest it for long-term future growth? Great question! And one that I’d love to answer… but first things first. I have to state the following: I am not a financial […]
When you know better, you do better… from one wise soul to another, Maya Angelou to Oprah Winfrey No one is born knowing how to invest. This is awesome news! It means that anyone can learn how to invest if they take the time to practice the skill. It also means that progress need not […]
We are just over a week into a new year – hooray! I hope that 2020 is off to a great start for all of you. What I love about this time of year is crunching my numbers. I track all of my expenses in two self-created spreadsheets, one for my monthly fixed expenses and […]
When it comes to money, it never hurts to ask for what you want. Case in point – the mortgage on my rental property comes up for renewal this spring. For the first time ever, my bank sent me my renewal instructions 6 months before the renewal date. Usually, I get my renewal letter 3 […]
Two people I’ve been following online for the past few years – Kristy Shen and Bryce Leung – wrote a fabulous book called Quit Like a Millionaire. You should read it sooner rather than later. (And let me be very clear, right up front – I am not being compensated by anyone for this review.) […]
A new decade starts 11 days from today. What do you want to accomplish next year? Which dreams are most important to you? The key to getting things done is to start planning today. Time waits for no one, and not a single one of us is promised tomorrow. Sure, there are those rare instances […]
This week, I’d like to introduce you to the idea of keeping your wallet closed one day each week. I call these No-Spend Days! Pick any day you want. It doesn’t matter. The purpose of this exercise is for you to give your wallet a break! Slow down your spending – keep your money in […]
I’ve been a big fan of Garth Turner, who blogs over at Greater Fool, for a few years now. He’s a big proponent of creating cash flows for retirement. Towards that end, he has written many, many persuasive posts about why people should sell their homes, invest the equity, and live off the investment income. […]
The shopping season is upon us once again! It used to be called the Christmas season or the holiday season but the notion of Christmas or holidays is no longer emphasized. When I look around, all I see is the emphasis on shopping. Apparently, the proper and just way to show your love to family […]