What Are Your Chances of Winning the Lottery?
December 24, 2009
Have you ever seen one of those lottery commercials where the winners are so happy they start dancing? Have you ever wondered how you could win? Well, the only way to win is to play, but have you ever thought about your odds of winning the lottery?
MoneySense.ca recently published a list of the odds of [...]
Tags: Saving for Education
There was a good article in last week’s edition of the Globe, which talked about the rising costs of education. The article mentioned that the cost of a university degree in 2027 will top $100,000.
In 18 years, when a baby born today goes to university to start an undergraduate degree, the total cost of a [...]
Following The Goods in The Toronto Star
I was recently intereviewed for an article in the Toronto Star about how young people can avoid making bad financial decisions in life. Check out the article here.
Have you bought your copy of Following The Goods? Buy it today!
Mom You Don’t Know Finance!
In a recent post I mentioned that I had given a talk on what parents can do to help young people become financially savvy. The next question I wanted to discuss from that night was “what if your parents don’t have the knowledge to teach you finance?” – which is a great question.
While parents usually [...]
Playground For Learning How To Invest
Image by bransorem via Flickr
One of the more advanced topics in financial management is investing – there is a ton of information out there on the subject, and a wealth of advisors to help you de-mystify the world of investing. The only problem with investing is there is an element of risk – especially [...]
Financial Education in the School System
Image via Wikipedia
There was a great article in the newspaper discussing how the Canadian education system has failed to teach people about the basics of financial management. The article goes on to identify five main areas that we need to focus on:
The relationship between risk and return
Know how compound interest works
Learn the basics of debt [...]
What Can Isla Fisher, Joan Cusack, John Goodman, and Krysten Ritter Teach You About Financial Management?
On Sunday night I went and saw Confessions of a Shopaholic, a movie where Rebecca Bloomwood (played by Isla Fisher) takes us through her journey of being a binge-shopper to becoming a financial management guru. While it’s probably not hard to see how this movie has a strong message about financial management from the trailer below, there [...]
Financial Advice for the Current Economy
Image by DavidDMuir via Flickr
What financial advice would you give in the current economy? Would you tell people to save their money? Would you tell people that today is a buyers market? Maybe you’d tell people that they should do nothing and see what happens, otherwise known as the deer caught in headlights syndrome. Would [...]
When Did You Start Your Financial Education?
Personal financial management is a topic that sounds scary, but it really isn’t – it’s about understanding where your money goes, and learning how to plan where it should go. The earlier you start your education, the better position you will be to reach your financial goals, thanks primarily to compound interest and financial [...]
Investor Education Fund
One of my readers just introduced me to the Investor Education Fund, which is funded by the Ontario Securities Commission.
Canada’s unbiased, non-profit source for information and tools that help consumers make better decisions when investing and managing their money.
This is an amazing site with a ton of information on everything from Investing Basics to Saving [...]
Virginia Public Schools Must Offer Personal Financial Management by 2010
I just saw this news article and I couldn`t be happier. The state of Virginia in the USA is mandating that all public schools must offer personal financial management courses by 2010. Students will learn how to read leases, credit card statements, create budgets, and manage their money. The state is also [...]
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Adam Goodman is the author of Following The Goods Financial Management for the Young and Ambitious. Throughout his life, Adam never took ownership of his financial knowledge and no one ever sat down with him to explain what it meant to plan for his financial future. Luckily, while at business school, Adam finally learned how to be smart about financial management and he is here to share what he has learned along his journey with you.
Adam's past experience includes owning and operating his own consulting firm, as well as working as a Consultant with Deloitte & Touche. Adam is currently in a sales and marketing role in the telecom industry.
