Saving - My Own Advisor

Age 50 is too late to start saving for retirement

Posted on June 17, 2012 by Mark | 37 Comments

Age 50 is too late to start saving for retirement We’ve all heard the same song for some time now. Canadian debt loads are too high. Canadian savings rates are dropping. Canadians expect to work past age 66, not because they…

Pay yourself first means bill payments to Us Inc.

Posted on March 27, 2012 by Mark | 10 Comments

Pay yourself first means bill payments to Us Inc. Pretty much anyone who has read anything about personal finance has heard the mantra: pay yourself first. David Chilton popularized this mantra with The Wealthy Barber and reinvigorated it again in The…

What would you do with $1,000?

Posted on February 14, 2012 by Mark | 27 Comments

What would you do with $1,000? Plain and simple question: What would you do with $1,000? This $1,000 is lying on the street, figuratively. It is totally found money. You found it, you picked it up and you put it…

My simple saving and investing rules of thumb

Posted on August 28, 2011 by Mark | 20 Comments

To quote the late, great Dr. W. Edwards Deming, arguably the world’s most famous quality management consultant, “If you can’t describe what you are doing as a process, you don’t know what you are doing.” What a great quote, because there is so much…

Our super simple automatic savings plan

Posted on September 1, 2010 by Mark | 0 Comments

One of the great joys (yup, joys) I get from personal finance is watching our savings account grow. Many, many years ago, on paydays, when I found out we had some extra cash in our account, I tended to follow…