Weekend Reading – How to manage income needs, disclosure vs. transparency, save money on flights and more!
Welcome to my latest Weekend Reading edition – where I share some of my favourite articles from the week that was across the personal finance and investing blogosphere.
With a busy week at work, my men’s night golf earlier this week, and other obligations on the go I only managed to sneak in one blogpost this week – reviewing my purchase of Fortis many moons ago here.
Like I mentioned last week, in the coming weeks, I have a number of podcasts coming up that I will contributing to. Thanks to those bloggers and various media channels for reaching out to me – to get my take on various personal finance topics including how we’re realizing our financial goals…so stay tuned for those updates!
Check out these articles…
Fred Vettese, author of Retirement Income for Life, and a partner at Morneau Shepell Inc. in Toronto suggests you consider different spending and expense patterns in the following decades to better manage your retirement portfolio: the 60s are ‘go-go years’, your 70s are ‘slow-go years’, and finally your 80s and 90s are the ‘no-go years’. In those ‘no-go years’ expenses are likely to increase given any long-term care needs.
As you know, I love to giveaway books here. This is one that is worthwhile for any beginner investor: The Smart Debt Coach. I reviewed a copy of this book here. Enter for your chance to win this book!
Partnerships and Deals!
Thanks to my passion for personal finance and investing, some great companies want to offer deals. As a reader, you might as well take advantage of them although there is never an obligation.
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- Sign up for commission-free investing with Questrade.
How To Save Money highlighted 13 ways to save money on flights. I would agree with most of these, I use these tactics myself:
- Book overseas flights >3 months out.
- Book domestic flights or shorter-haul flights >8 weeks out.
- Tuesdays and Wednesdays are less expensive days to fly so we book on those days where we can.
- Google and apply coupon codes.
- Use travel aggregators like Skyscanner to compare flights, then book with the airline directly to take advantage of any price guarantees or price drops.
- Book morning or evening flights. Everyone wants to travel during mid-day.
Want to retire early? In 10 years? Follow these steps. I’m going to consider a post about how well we stack up on these principles (or not) in the coming weeks…
Enjoy this Weekend Reading edition and see you around the site!