Several years ago, I wrote about the impact of rising interest rates on our personal finances. Market conditions are changing again, and it is time to revisit this topic. Canadians have enjoyed low interest rates for an exceptionally long time. Many of us have taken advantage of “free” money by borrowing and leveraging our […]
All of us seek financial security. Retirement may be one of the longest phases of our lives. Some of us could live to age 100 and with the average retirement age of 67 would mean 33 years of retirement living. There is a lot of information about longevity risk which for most us doesn’t mean […]
Grandparents have accumulated a wealth of wisdom and financial know-how over your lifetime. The greatest gift you could give your grandkids is to help shape and inform their financial intelligence. Talking to your grandkids about money will help them to acquire a healthy understanding and relationship to money. Today there appears to be a void where […]
Learn from 2016: Improve your cash flow in 2017. Let’s be honest: when it comes to personal finances, 2016 was a really bumpy year for many people. As the year comes to a close, it might be a good time to take a step back and reflect on how well you managed your money during […]
In parts of Canada this summer, we have seen record temperatures almost to the point of being able to fry an egg on the sidewalk, well almost! It’s been blistering hot and trying to stay cool has been a real challenge. Many families have been running their air conditioning non-stop making it hard to save […]
Time is always well spent with friends and family engaging in conversation. Most of us know the enjoyment and pleasure that comes from breaking bread with friends and family. Recently we dined with our friends from Vancouver. We shared stories about everything in our lives from work-life balance (or lack thereof) to how expensive it […]
The start of a new year is a time where many of us take stock of our lives – where we have been and where we want to go. The reality is any time is a good time to check in with ourselves or where we are at. We may think about our personal finances […]