“We are going to build a team”. Replace the word “team” with the word “house” - or any other noun that can be built and will take more than just a few minutes - and most sensible people will want to adopt a structured approach.
Plans will be drawn up and approved. People will receive copies […]

Now days it is nearly impossible today for the average family to thrive on a single income. However, the skyrocketing cost of child care makes it difficult for both parents to work. Fortunately, the internet has made making money online a suitable income option without the need for commuting or day care.
Making money online means […]

Post secondary education is very expensive in North America and unless you are fairly wealthy will be a worry for most parents. Obviously, not all kids go onto University or College but if they do and you haven’t planned for it you could find yourself with a large financial burden. This would probably happen just […]

8 Myths About Money
I grew up on a farm in Nebraska. My family had always worked hard for their money, and as a result, I always equated working hard with making money, with no idea that my beliefs could not have been further from truth. As I educated myself on human behavior and financial strategies, […]

Not as many people make New Year’s resolutions as they used to. According to Stephen Sapiro of goalfree.com, only 45% of people will make a resolution this year. That’s down from a high of 88% in past years. However, of those who do make New Year’s resolutions, 34% will be financial ones. And one of […]

Some people think of low-quality products and piles of coupons when they are asked to consider saving money. For some, a major obstacle to saving money is that they have never seriously tried it, and assume that their life can only be enjoyable if they spend heavily on groceries, electronics, gifts, and other items.
Groceries are […]

It’s relatively easy to save for retirement when you’re still young. Five thousand
dollars set aside for a new baby grows to an amount that generates over a $100,000
a year in current-day dollars if the money earns 12 percent annually and inflation
runs at 3 percent.
NOTE The data is a little sketchy, but small-company stocks […]

It can be more than a little discouraging to start making retirement planning
calculations. You’ll usually find that to achieve the annual retirement income you
want, you need to be saving a lot more than is practical.
Suppose, for example, that you use a program like Quicken or Microsoft Money to
determine that your retirement savings […]

Here‘s the season to be jolly …. But make sure you still pay your taxes! Read Mr Scrooge as the Inland Revenue, Hacienda or any other tax authority you care to name!
It’s not all bad news though when it comes to keeping as much of your hard-earned money away from Scrooge’s coffers. Despite the various […]

This is probably the most requested topic that I receive, normally after someone gets a large unexpected expense, or they start thinking about retirement and realize that they have saved a woefully inadequate amount of money.
I recommend using a monthly time-frame to look at your cash inflows and outflows, because most bills are monthly and […]