You’ve all heard the financial advice “Pay Yourself First”, more times than you can probably count.
As a money coach, I consider this to be one of the most important financial advices you can follow.
The concept behind it is quite simple: Save some money before you pay any of your bills. In other words, make yourself
Last month, I revealed 4 myths that keep people trapped in debt.
To quickly refresh your memory, here they are:
Myth #1 – The bank approved me so I must afford it
Myth #2 – I don’t need an emergency fund. That’s what my line of credit is for.
Myth #3 – I have to take advantage of
If you follow the financial news on a regular basis, you certainly heard about the most recent debt figure released by Statistics Canada: Household debt to disposable income hit 163.3% by the end of 2014. In plain English, it means that for every $100 of
If you have read the book “The Secret”, you would be familiar with the 3 essential steps to manifesting what you desire in life:
Step #1- Ask
Step #2-Believe
Step #3-Receive
Although this is NOT a post about the Law of Attraction, I want to share with you 4 recent examples of using these
It is not enough to simply wish “to retire rich” and cross your fingers that you will somehow get there. It is essential to define your financial goals to give yourself a clear picture of where you’re heading and what needs to get done to arrive there.
The following 4 steps will guide you with your
The holiday season is fast approaching. Planning your upcoming expenses is an essential exercise so you can stay on the right financial track. It will also help you relieve the knot in your stomach as you open your credit card statements in January. As they say, “fail to plan, and plan to fail”.
“How would you describe the current state of your finances, using 4 or 5 adjectives?”.
That’s one of the questions I always ask my new clients when I meet them in my money coaching practice. This single question can reveal a great deal about how you are currently managing
In recent years, lenders have been consistently recommending the homeowner’s line of credit (HLOC) to consumers. On the surface, it looks like a great financial product since it gives homeowners quick access to their home equity at a low interest rate (3-4%). The line of credit can then be used for
As adults, the way we deal and think about money today is what we were taught at a much younger age. We all learned about money from our parents, either directly or by observation. Those lessons influence our financial decisions our entire life, whether we are aware of it or not. Therefore, it
As a consumption-focused society, we are constantly bombarded with the message “Buy Now, Pay Later”. All you need to do is pick up your weekly flyers bag and count how many “Buy Now, Pay Later” ads you find inside. I did the exercise myself a few weeks ago and I found
