Managing personal cash flow is essential for maintaining financial stability and achieving your financial goals. Here are five common mistakes people make when looking at their personal cash flow: Not Tracking Expenses: One of the biggest mistakes is not keeping track of where your money is going. Without a clear understanding of your expenses, it’s […]
Human behavior plays a significant role in personal finance decisions and can have a substantial impact on your financial well-being. Here are some ways human behavior influences personal finance: Spending habits Personal finance is greatly influenced by spending habits. Some people are more inclined to spend impulsively or on unnecessary items, while others are more […]
It’s 2022, and we’re arguably more comfortable buying from within the walls of our own home than having to get dressed and go to the mall. As we’ve stuffed our virtual carts with items we need (or don’t), most of us have likely seen the options at the checkout to pay the balance or “4 […]
Saving money – we know that it’s a necessity if we want to achieve our goals, but if you think about the act of saving, it can feel very unfulfilling. You set money aside that you can’t spend today for an elusive goal in the future. Perhaps you don’t even have a goal in mind, […]
As the year 2020 comes to a close, you may start to hear all the “new year, new me” talk. Let’s get real for a minute. Do you plan on making a resolution or a commitment? A resolution is a promise to do something, but commitment involves having a plan that you follow through on. […]
For many of us, our financial planning decisions have been based on general rules of thumb, rather than information relevant to our specific situation. We create our plans around predetermined factors, such as retirement age but have you ever wondered why do we typically use age 65? If you save 10% of what you earn, […]
I have had the privilege of listening to people’s most personal stories for the last 14 years. I have met some amazing humans and listened to life experiences that are both triumphant and tragic. The human spirit is amazingly resilient, and I believe that we are all worthy of success and happiness. While no two […]
With cross-border restrictions and social distancing measures in place, travelling isn’t an option for most right now. If you’re like me, missing the adventure of travel — seeing new scenes and getting excited about experiences — there are ways we can recreate a similar feeling from home. It will take some creativity and a hint […]
It’s easy to look at extremely successful people and not realize all the steps they took on their journey to the top. That’s true of financial success: If you’re like me, you’ve asked yourself questions such as, “How did they save the money for this gorgeous house or afford to retire early?” It’s also true […]
The last time I went to ‘upgrade’ my cell phone plan, a smaller provider had rocked the industry by offering significantly cheaper mobile phone plans. For the month of November that year, all the major providers followed suit and I was able to get a great deal with my provider Rogers. I signed up for […]