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Weekend Reading: Freedom Edition!

By Kevin

This week I celebrate freedom: 我考完试! I’ve finished my exams, and my evenings are wide open once again. I’m not completely satisfied, because I realized that I studied a bit too much of one area and not enough of another when doing the test, and our oral group completely got our asses kicked by the… [Read More]

Filed Under: Miscellaneous, Weekend Reading Tagged With: asset allocation, beggars, best investments of 2011, Cantonese, CFLs, Chinese, contest, creditors, dividend stock picks, driving, ETFs, finances, financial advisors, fluorescent lighting, giveaway, gold, health, homelessness, incandescent lighting, low-fat, luck, Mandarin, MERs, Michael Vick, money windfall, NASA, one-income household, panhandling, project management, redistribution, retirement, robots, savings, skill, The Globe and Mail, unconventional, Walkin' in a Winter Wonderland, war, winter, writing experiment, yogurt

5 Reasons to Have an Emergency Fund

By Guest

Preparing for the unexpected It is impossible to expect the unexpected, because when you are expecting something it fails to be unexpected and something else you weren’t expecting still manages to trip you up. So rather than trying to second guess life, stop expecting the unexpected and simply put a contingency plan in place for… [Read More]

Filed Under: Saving Your Money Tagged With: assets, bullion, cash, debt, emergency fund, expenses, financial security, home equity loans, income, investments, planning, pool accounts, precious metals, savings

What Do You Need to Get out of the Rat Race and Achieve Financial Freedom?

By Kevin

exiting the rat race

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… [Read More]

Filed Under: Growing Your Wealth Tagged With: bonds, debt, dreams, expenses, home ownership, income, index funds, lifestyle, money, mutual funds, planning, rat race, retirement, savings, stocks, wealth, Yakezie

Saving on Taxes and Growing Your Wealth with the Tax Free Savings Account (TFSA)

By Kevin

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… [Read More]

Filed Under: Growing Your Wealth, Investing Tagged With: Canada, finance, planning, retirement, Roth 401k, savings, tax-free, taxes, TFSA, wealth

How Much of Your Paycheck Do You Need to Survive?

By Kevin

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… [Read More]

Filed Under: Growing Your Wealth, Saving Your Money Tagged With: finance, lifestyle, money, motivation, personal growth, planning, savings, wealth, Yakezie

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About Invest It Wisely

Invest It Wisely is about evaluating the choices that each of us face everyday. It’s about investing your time, your money, and your energy wisely, in order to achieve your goals. The end goal is maximizing your life expectation, and exploring the ways to get there.

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