Yes, really. This post is about the fact that that employees without employer-provided pensions bear the responsibility of saving enough money to ensure their own financial comfort once they’ve stopped receiving a paycheque. All employees should be setting aside a chunk of money from every paycheque so that the money is still around when the […]
I got my first part-time job in grade 11. Every two weeks, roughly $137 was plopped into my bank account via electronic deposit. And every two weeks, I would go to the bank machine and manually transfer $50 from my chequing account to my savings account without fail. It was simple and easy. When I […]
One of the smartest things I’ve ever done with my money was to learn how to separate today-money from tomorrow-money. Today-money is the stuff that gets you from one day to the next – it’s the money for groceries, for your shelter, for your transportation, for your charitable donations. Tomorrow-money is the money that you […]
On February 22, 2018, the Atlantic put out the following article about elderly people living in poverty because they had insufficient retirement savings. It’s one of the saddest articles I’ve ever read. https://www.theatlantic.com/business/archive/2018/02/pensions-safety-net-california/553970/ The reason why I found this article so sad is because I think it’s terrible that people can work so hard for […]