When I think about where I am financially, I also think about the choices that got me here. Some of them were smart ones. Sadly, many of them were not. Most of the time, I dwell on the money mistakes. Recently however, I got to thinking about the money wisdom that helped me tremendously. Truth […]
Welcome back! How have you been? We’re three weeks into 2023. It went by in a flash, didn’t it? How much closer are you to making your dreams a reality? Hey! If you haven’t been able to do what you want, then cut yourself some slack. I know it’s not always easy to do what […]
You need an emergency fund because, one day, you may hate your job. When the day comes that you simply can’t take it anymore, you’ll need money. After all, most of us work for money. Our paycheques let us buy food, shelter, and other little things to keep body and soul together. Quitting a job […]
Well, the first week of 2023 is in the bag. Either you’re one week closer to your dreams or you’re not. No need to share your response with the class, but which one is it? Personally, I don’t do New Year’s resolutions. Any day of the year is a great time to make beneficial changes […]
Those of you who’ve been around here for a little while know how much I hate paying bank fees. However, if you’re new around here, then welcome! Here’s my free advice to you – use it as you see fit. If you only do one thing in 2023 to make your financial life better, consider […]
I am not certified by any governing body to tell you how to spend your money. My words of advice were earned at the School of Life, a place where all of us are students. I’m telling you this so that you realize that I’m not an expert, but I’ve still learned a thing or […]
I’ve written about sinking funds before. They’re pools of money that are meant to be filled then emptied, as many times as you want, for as many goals as you have. You prioritize what you want to accomplish then you decide how much money goes into each one. Sinking funds are to be held separately […]
You need not be obsessed with personal finance but you do need to understand it. Wisdom from the Internet It’s long been said that information is power. This maxim is just as applicable to your money as it is to anything else. The more you know about your own finances, the better decisions you can […]
Starting on January 1, 2023, the contribution room to the Tax Free Savings Account will increase from $6,000 to $6,500. If you’re fortunate enough to have any money to invest, take advantage of tax-free growth and invest it under the TFSA umbrella. It should be obvious but I’ll say it anyway. Investments grow faster when […]