October 21, 2022
Finding a mentor at work can be tough. It can be hard to know who you’ll mesh well with, and even harder to work up the courage to ask them to be your mentor. So where do even begin? Read on to find out!
October 7, 2022
I was looking at some research from the Co-Operators recently that highlighted something that has always been rampant among Canadian culture: we place a lot of pressure on ourselves to appear financially savvy. And I have a feeling that’s not just a Canadian thing, either. Everyone knows that personal finance is important, but we do such a bad job as a society of making access to knowledge on the topic available that it feels like our only choice is to pretend like we know what we’re talking about.
September 30, 2022
Today is National Day for Truth and Reconciliation here in Canada. It’s important that we all take the opportunity to research and learn more about all the work we have left to do in order to undo the generations of damage caused by the residential school system. As someone who writes about personal finance, one lens I’ve not explored yet is how to close the gap in financial literacy between indigenous and non-indigenous communities.
September 16, 2022
Dollar-cost averaging is a term that was made popular by David Chilton in his most famous book, The Wealthy Barber (which by the way, I recommend to anyone who asks me what they should read for their first personal finance book). It can be tricky to grasp at first, but the benefits are clear once you wrap your head around it. So what is dollar-cost averaging, and why should you do it?
September 10, 2022
I have a bit of a love-hate relationship with GICs. They have plenty of drawbacks that limit their use cases, but at the same time I can see the role that they can play in someone’s personal financial plan. So what do you need to know about GICs and when to use them?
September 2, 2022
Level 2 quotes aren’t something most investors use every day. That said, they can be a really powerful tool in helping you understand how a stock’s price might move over the course of a day.
August 26, 2022
There are plenty of trustworthy financial advisors out there. There are also plenty of sketchbags in the industry, and knowing how to distinguish between one and the other can save you a lot of headache and thousands of dollars over the long run. Here are a few telltale signs that your advisor might not have your best interests at heart.
August 20, 2022
Nobody wants to think about dying. But as I wrote about in an earlier post, it’s super-important to make sure you have a will in place before you do, even if you’re young. Otherwise, things may not play out the way you thought they would. In that earlier post, I outlined why it’s so important to have a will, but was a little light on details around what happens if you don’t. Here are a few examples of how things could play out in that scenario.
August 12, 2022
Earlier this year, research from Gartner predicted that 25% of people – that’s 1 in 4 – will spend at least an hour a day in the Metaverse by 2026. Recently, I saw a stat that claimed that a big chunk of the population believe that number could be as high as 4 hours a day. There’s no denying that being able to gather in a virtual world can offer some really cool benefits – taking hybrid work to a whole new level, for example – but with all the buzz around the Metaverse these days, I wanted to take a moment to share some thoughts around the darker side of a virtual world.
August 5, 2022
Here in Canada, we love our four-letter acronyms for investment vehicles. You’ve got the RRSP (aka the Registered Retirement Savings Plan), TFSA (Tax Free Savings Account) and many, many more. And now, awaiting royal assent and set to be introduced in 2023, we’ll have one more acronym to add to the list: the FHSA. So what is an FHSA, and what the heck is it used for?