Adam Goodman

Adam Goodman Interviewed on Investment Executive TV

I was recently interviewed by Megan Harman for Investment Executive TV on how financial professionals can connect with the millennials .  You can watch the video below, and click here to read the full article.

 
 
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Parents relying on kids to pay their way

There is a new study that was just released that looks at the effect of parents relying on their children for financial support.
They suggest parents who count on money from their children could actually harm their adult kids’ financial well-being, perpetuating a cycle of poverty.
“One of the best ways to get yourself out of poverty [...]

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 [...]

Personal Financial Management is Simple!

I came across this video a little while ago and wanted to post it – it’s a little old, but the message is simple, if you can’t afford it, don’t buy it!

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Have You Missed a Credit Payment Lately?

I just read a short article on why it’s important to always make  your credit payments (regardless of your age).  The story takes place for someone living in the US, so the outcome may differ if you live elsewhere, but don’t let that fool you – missing a credit payment is serious business!
as soon as [...]

Can You Teach Financial Management Through Financial Rewards?

Image by Mike Tigas via Flickr

How do you reward someone for learning a new subject?  Usually it’s the satisfaction of knowing you learned something new, or in the case of financial management, it’s the knowledge of knowing that you have a strong foundation to keep you financially healthy for years to come.  But not everyone [...]

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 [...]

Budgeting Exercise

Creating a budget is one of the most important things you can do when it comes to personal financial management.  Businesses create budgets every year to help decide where money will be spent, where money will come from, and how much money they need to save.  Your own finances are no different.  If you don’t [...]

How Are You Going to Master Your Money in 2009?

How do you manage your money?  Do you create budgets and stick to them? Do you track your spending’s with money management software or a notebook? Do you use online banking? Maybe you’re just good at avoiding the pressure to spend from your peers.  GetRichSlowly has a write-up on how to take control of your [...]

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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 [...]

Do You Know Your Money-Self?

I just saw this interesting article on MarketWatch which states that our beliefs that are formed in childhood about money tend to guide us through our adult life.  One of the article’s examples includes:
one client whose father traveled a lot when she was a child. Before his trips, her dad would hand her a credit [...]

Tax Free Savings Account (TFSA)

In Chapter 16 I talk about the new Tax Free Savings Account which was introduced in Canada as of January 1, 2009.
As of January 1, 2009, The Government of Canada has introduced the Tax-Free Savings Account, otherwise known as the TFSA. This is a new type of savings vehicle which will help individuals who contribute [...]

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