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Time Spent and Money Spent

We Can’t Afford It Remains Taboo

I had a conversation with friends on vacation earlier this year and the subject of money was raised a few times.  One interesting money subject we discussed was where and how we spend our money.  I’m of the opinion that if we want to take good care of our finances, we must take responsibility for what we spend our money on.  My thinking is nobody really wants you to save money.  Well, maybe the bank. Like Carl Richards nicely explained in his recent book The One-Page Financial Plan budgeting is beyond numbers, it could be considered an ...
The One-Page Financial Plan

The One-Page Financial Plan Book Review and Giveaway

Feeling tormented by your finances? Read this book folks. “The fact is, in a single page you can prioritize what you really want in life and figure out how to get there.”– Carl Richards, author, The One-Page Financial Plan. I liked Carl’s book for many reasons and today’s blogpost will share some of my favourite quotes, takeaways and provide you with an overview of what you’ll read about in The One-Page Financial Plan.  After a few hundred words I’ll give you a chance to win a copy of this book, autographed ...
Smart Investing

Seven Smart Investing Principles for Everyone

Last fall, I obtained a copy of this document from PWL Capital entitled Seven Principles of Smart Investing.  After reading this through this white paper I reflected upon how we’re applying these principles. 1. Ignore ‘hot’ investment tips We do.  I ignore all financial tips from people who think they know where stocks or markets are headed.  They may pretend to know but they don’t. 2. Have a basic knowledge of investment vehicles I believe we do.  We use low-cost indexed Exchange Traded Funds (ETFs) and individual stocks ...
The Behaviour Gap

ADKAR – A Model for Financial Change Too

I’ve read something to the effect of the following when it comes to change: Change initiatives wouldn’t be so hard if we didn’t have people involved… How true. The ADKAR model is a popular change management framework because the concepts are easy for people to grasp and in doing so provide a good chance the people involved with change can implement it more successfully. My current organization has gravitated to various change management models over the years but I’m a big fan of this model based on its simplicity and broad application. ...
Stock Market Volatility

Crazy things people say about money

I’m not one to judge but every so often I’ll hear a comment about money that just makes me shake my head. I’m not even talking about people being misinformed; some of these statements I’ve heard are straight out crazy. “I want a risk free investment that returns 7%+” I get it, interest rates are low and you want a higher return on your savings, but I’m sorry no such investment exists. If you want a better return then you’ll have to take some risks, that’s just how investing works. If you ever come across a person promising ...

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