A long time ago, far, far, away…. I began this blog by sharing lessons that I had learned from reading “The Richest Man in Babylon.” This book contains many simple, yet valuable nuggets of financial wisdom, such as the need to squirrel away at least 10% of one’s net worth. At this stage in my [...]
Archive for the tag 'planning'
Filed under Growing Your Wealth,Opinion,Philosophy,Saving Your Money
Three Reasons Why I Squirrel Away My Money
55 Comments Kevin on Jun 8th 2011
Filed under Growing Your Wealth,Healthy Living,Miscellaneous,Opinion,Philosophy
Future Imperfect: How to Prepare for an Uncertain Future
Sometimes I look back on the changes of the first half of the 20th century, and I try to put myself in the shoes of someone growing up in that time and imagine what it must have been like to experience life in that period. I think back to 100 years ago, which is really [...]
37 Comments Kevin on May 9th 2011
Filed under Growing Your Wealth,Guest Posts,Investing,Market Analysis
Retirement Portfolios for Those Drawing an Income
The following is a guest post by Mathieu Bouville. Drawing an income changes everything The usual viewpoint of investment advice is that of someone twenty or thirty years away from retirement who wants to accumulate a capital for retirement. Here I instead focus on somebody who is retired and wants an income. This case is [...]
18 Comments Guest on Mar 31st 2011
Filed under Growing Your Wealth
What Do You Need to Get out of the Rat Race and Achieve Financial Freedom?
What does it mean to get out of the rat race? To me, the phrase “getting out of the rat race” represents the desire and drive within most of us to live our passions and achieve our goals. If you are living the life of your dreams at a 9 to 5, then the rat [...]
106 Comments Kevin on Oct 5th 2010
Filed under Guest Posts,Miscellaneous
Guest Post at Budgeting in the Fun Stuff: How to Make Better Use of Your Time
My second guest post is now live at Budgeting in the Fun Stuff! The post is about time management, and how we can better achieve our goals by increasing efficiency, reducing waste, and making better use of our time. While you are checking out the post, be sure to check out the rest of the [...]
10 Comments Kevin on Sep 30th 2010
Filed under Growing Your Wealth,Guest Posts,Real Estate,Saving Your Money
If You Enjoy Financial Obligations, Don’t Read This.
The following guest post is by Greg McFarlane of Control Your Cash. When you write a book about personal finance, as rudimentary as it might be, friends ask your opinions on matters fiscal. A few days ago, I received this pithy email from one of the most financially conservative people I know: When does it [...]
17 Comments Guest on Sep 27th 2010
Filed under Growing Your Wealth,Investing
Saving on Taxes and Growing Your Wealth with the Tax Free Savings Account (TFSA)
What is a TFSA? If you live in Canada and you have not started to contribute toward your TFSA, you should start thinking about doing so! What is a TFSA? A TFSA (Tax Free Savings Account) is a special type of investment account that allows your savings to grow tax-free. It is similar to the [...]
23 Comments Kevin on Sep 23rd 2010
Last week, I compared the benefits and drawbacks of growing an emergency fund versus paying down your mortgage faster. There was a lot of great discussion and commentary on that post; however, I feel that many might have gotten the impression that I was advocating a more aggressive position than I truly believe in. I’m [...]
51 Comments Kevin on Sep 15th 2010
Filed under Miscellaneous,Real Estate,Saving Your Money
Should I Go with a Fixed or Variable Rate Mortgage?
As some of you might know, we recently made the decision to purchase a condominium. As the unit is still under construction, we won’t be able to move in until sometime in January. The long period of delivery posed a problem when attempting to get a mortgage approval from traditional places such as ING Direct, [...]
27 Comments Kevin on Jul 21st 2010
