Personal finance for singles looking to finance their dreams.
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 […]
I’ve been reading many articles about how people in their 60s, 70s and even in their 80s are still working because they can’t afford to retire. Invariably, the statement is made that the government pension is not enough to retire on and to have a comfortable life. For the record, I want it known that […]
Such a simple question, isn’t it? “Can I afford it?” At first blush, it seems ridiculous to even ask the question. It’s a yes or no question. Either you have the money or you don’t. Appearances can be deceiving. Having the money is only the first part of the equation… Okay, Blue Lobster – just […]
It is a simple truism that what gets measured is also what gets managed. I can think of few other places where people fail to put this truism to good work beyond their money behaviour. People will track their calories, the amount of gas they put in their cars, the number of times they work […]
You have to earn money to even be able to save and invest a portion of it… by MI154 of ESI Money There’s a silent assumption in the Financial Independence Retire Early world that is, in my opinion, at the root of the derision heaped on this community. And it is this: everyone has a […]
Even if you’re a Singleton like me, the implications of intergenerational wealth may have touched your life at some point. I like to think of intergenerational wealth as a faucet of income that helps younger generations to start their adult lives without debt. It’s a financial tool that allows young adults to master the skills […]
This week, I listened to a story that blew my mind! It was a testament to the power of consistency in investing, through good times and bad. Diane was her name – a lady in her 60s who’d survived divorce from an alcoholic, while raising 4 kids, taking 8 years to get her electrical engineering […]
Earlier this week, I went shopping at Canada’s last remaining national department store. I’ve been searching for black pants for the past few months and I had some time to kill between appointments so I took myself shopping, an activity that I normally hate very much. To my very pleasant surprise, I found the pants […]
“Daddy, can I have some money?” asks a 6-year old Blue Lobster. “Sure – let me go pick it off the Money-Tree,” Daddy replied, in a tone I can now identify as sarcastic. “Wait! What? There’s something called a Money Tree?” Little Blue Lobster thinks to herself. “I need to get one of those.” And […]