In celebration of my 40th birthday today, I compiled the 40 Rules of Money that I have learned &/or followed over the past 40 years (listed in no particular order)
It is no surprise that finances are the leading cause of stress in a relationship.
According to a survey of people in a relationship*, 44% of respondents experiencing relationship stress aged 44 to 54 said money was the primary cause of friction.
How can you ensure that you do not become part of this statistic?
Here are 4
It’s important to get the bills paid on time. Not only do the late fees kill you, but it can be damaging to your credit, too. When your credit score drops, the cost of all future borrowing goes up too.
Not to worry! You can get organized and successfully pay your bills on time.
Here’s a question that not too many people ask themselves often enough, and it’s at the source of many disappointments and money-related stress.
In this consumerism-focused society, you are led to believe that you NEED everything you see on TV, on billboards, in magazines, and even in front of your face as you are doing your
With banks offering amortizations up to 35 years, it almost seems impossible to pay off one’s mortgage in 12 years. Yet, my husband and I were able to do so.
Here’s how we did it:
Many people cringe at the sound of hearing the word “budgeting”. They automatically feel that it refers to something “restrictive”, “boring” and “not fun”.
So rather than saying “I need to budget”, I recommend saying “I want to tell my money in advance how I plan on spending it and saving it” . Does that sound better?
To be
For many individuals, money is a sensitive, anxiety-ridden topic . It can stir a mix of emotions, ranging from overwhelm and frustration to stress and fear. The hardest part is not knowing whom to turn to for support.
Should you speak to your financial advisor? your bank representative? Or perhaps your therapist?
Your financial advisor, bank rep
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
