How to stay virtuous and grow your wealth in 2023 The holiday season always seems to be a time of excess. Excessive eating, drinking, partying…and spending. For many people, it’s a time when the bonds of financial inhibition are loosened. Trouble is, the financial...
How avoid that sinking (bank account) feeling “Red Monday Remorse” typically follows the Black Friday spending binge. It’s the day you realize you’ve changed the colour of your budget from black to red. The same thing happens in the weeks leading up to Christmas....
First steps to financial literacy For most people, “budget” is the ultimate financial six-character four-letter word. It’s viewed as a distasteful chore, and something to be avoided. And often, even if an attempt at budgeting is made, it’s soon set aside as...
Learn the basics of securing your financial future If you’ve taken sensible financial advice and are committed to a regular savings and investment program, you might have already built up a substantial nest egg in your RRSPs and TFSAs. If you are, in fact, in this...
How to put your money on a leash A kind of money madness seizes people at this time of year. The expectation of ever-larger-better-bigger-pricier gifts is aided and abetted by retailers offering deals, promotions, and sales on all manner of shiny baubles and...
Little changes can make a big difference As this is Financial Literacy month, and the theme is “Take Charge of Your Finances!”, I want to talk about the very foundation of financial literacy, the building block of successful financial management: the budget. I can...
A little financial know-how goes a long way With a new baby on the way, parents-to-be often find the transition from a free-and-easy twosome to responsible threesome something of a challenge, especially when it comes to personal finances. Luckily, there are some...
5 tips for putting credit cards on a leash Starting with Black Friday in November and ending with Boxing Day in December, the holiday spending season is just about guaranteed to stretch the use of your credit cards. And come the end of January, you may be singing...
Financial literacy and the art of budgeting Black Friday. It’s become a pop culture phenomenon. In fact, it’s one of the cleverest marketing gimmicks of all time. For U.S. retailers, the Friday after U.S. Thanksgiving Day has typically been the day they become...
Cribs, diapers, toys, financial plan Congratulations! You have a baby on the way or already at home. First-time parents are typically excited, flustered, nervous, and distracted – all at once. And usually, money matters are the last thing on their minds. But...
How to resist the urge to splurge Do you spend every single last dime of what you make – and then some? Don’t know? You’re not alone. In these days of easy credit, it’s all too easy to blur that line between your income and your expenses. This becomes a real...