Many people think of retirement as a function of age. They think that it arrives at the age of 65 or 70, and that retiring sooner means an “early retirement”. To my mind, this is wrong. Your retirement date is a function of your money. If you don’t have enough money in the bank to […]
Regret has no place in your financial plan. You’re not perfect and you will make mistakes with your money. Once you’ve identified a money mistake, don’t spend your time regretting it. Simply make a course correction to stop making that mistake and move forward. The past cannot be changed so learn from your mistakes and […]
I love money. I always have, mainly because it allows me to buy all sorts of things. Hard money is good too, but easy money is better. Hard money is the kind you have to sweat for. It’s what shows up in your paycheque after you’ve traded away a portion of your very precious, very […]
This week, I gave myself a $600 annual raise. No, I didn’t get a promotion or take a different job. Instead, I simply increased my passive income by buying some bank stock. As I’ve said before, salary and income need not be the same thing. There are always ways to increase your income even if […]
Future You is going to be rich or poor. The choice is yours. This post is aimed at those folks who fall between the two ends of the financial spectrum. It’s not for those who are already uber-wealthy, nor is it for those who are living paycheque-to-paycheque. Rather, I’m aiming today’s words at the ones […]
When you know better, you do better. Maya Angelou This past weekend, I celebrated a rather significant birthday. It was also the 30-year anniversary of when I started my investing journey. As I’m wont to do on my birthday, I considered where I was when I started investing my money and just how far I’ve […]
Most investors are interested in a definitive answer to question of when is the best time to invest in the stock market. And for good reason. After all, no one – and I mean no one – ever wants to lose money. We work very hard for our paycheques. It stands to reason that you […]
Everyone wants their very own money tree. Financial problems would be so much easier to solve if you could just pick money off a tree and pay whatever needs to be paid. Well, I’m here to tell you that you do have the power to do this. All it takes is a little bit of […]
There’s no doubt about it. Anyone who’s slightly aware of the news is hearing that things aren’t good, that we’re heading into a recession, that inflation is climbing, and all other manner of negative stuff about personal finance. You know what I want you to do about it? I want you to take things one […]
Truth be told, retirement is a bank balance. People commonly think that of retirement in terms of an age. Traditionally, it’s been age 65 and lately it’s been cropping up to age 70. For a little while in the 90s, age 55 was the catchy second half of a very successful marketing campaign called Freedom […]