Ever notice how, if you’re like most people, your bank account has this nasty habit of ending each and every month at zero? How are you supposed to save any money when you need all of it each month?
Time for a human psychology hack. [...]
If you live in Canada, chances are you’ve heard of RRSPs and TFSAs – at least I hope you have. If you already know exactly how they work, then skip this post. If not, read on, because there’s some stuff about them that I need you to know. [...]
Have you ever thought about your retirement? Do you dream about all the things you’d do if you didn’t have to work? I do, every single day. If you want that though, then you’ll need to have a plan and work toward it. And a great place to start is to understand the power of compound interest.
This is the first post in the Personal Finance category of my site, so we’re starting out basic. If you don’t already know what compound interest is, read on to learn more about why you need to get it working for you sooner rather than later. [...]