I was recently on the morning show with Brian and Shauna on 98.3 FLY FM in Kingston (a CHUM station). If you weren’t able to catch it live, you can listen to the segment below by clicking on the play button.
[Audio clip: view full post to listen]
Have you bought your copy of Following The Goods? [...]
The article below was published in Canadian Money Saver magazine in September 2009.
In my last article, I talked to you about why it’s important to start thinking about money and the future at a young age – the earlier you start, the better off you’ll be. This month, I want to talk to you about [...]
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 [...]
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 [...]
I recently wrote the article below for a money magazine. The article was published in June 2009.
Your First Money TalkFive years ago, my financial life was a disaster. I spent every dollar I made and had no idea why I needed to save my money. Whether it was on cars, clothing, or just going out [...]
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 [...]
I wrote the following post for Five Cent Nickel a month ago, but thought I would post it here as well.
It’s unfortunate, but my story isn’t original. I’m 29, educated, and up until 4 years ago, I never saw the need to understand how to manage my finances; for some reason, I always assumed my [...]
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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 [...]
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 [...]
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 [...]
I was recently at brunch talking with a group of friends when one of them started talking about frugality and how it is a good way to save money and keep within your budget. Now I`m not one to say whether frugality is good or bad, it really depends on your situation, your financial [...]
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 [...]