It is not always easy to know what you should do first, financially speaking. Debt, mortgage, children, retirement planning and saving are extremely taxing on your hard-earned dollars.
Category: Budgeting
Emergency Fund basics
If you are battling with a huge debt load, chances are you probably don’t have any savings to your name. … More
Tackling debt
Now that you have decided to get your finances under control, the biggest challenge is to pay off your debt. … More
RESP basics
As I mentioned in previous entries, the cost of post-secondary education keeps increasing and can really be a huge financial … More
Creating a budget, part 2- tracking income and aiming for balance
Note: the following is primarily aimed for Canadian residents. Terms like CPP and EI are payroll deductions for Canada. … More
Creating a budget, part 1- tracking expenses
A lot people try to create a monthly budget from scratch and are unsuccessful. In most cases the numbers don’t … More