You may have noticed I’ve been writing in the personal finance section of my site a bit more lately. That’s because I’m committed to paying off my five-figure student debt by the end of 2019. As I think about my own situation though, I’m reminded of the countless others who are in the same boat, and so I want to share the tools and tips I’m using to help put myself in better financial shape. [...]
I want to clear up a term that I think is commonly misunderstood by a lot of people when it comes to investing: Diversification. A scary word for what is actually a pretty simple concept, when you get down to it. [...]
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. [...]