We've all seen movies or TV shows about how prodigies are able to enter the most sophisticated systems like NASA or the Pentagon.
Category: Planning
Lost your job? Don’t make these 3 mistakes!
There is a high probability you've been impacted by Covid-19. Whether you caught it, had to stay home to take care of children or lost your job, this virus definitely has had a huge impact on our lives and routines. In Canada, it may be weeks before we can go back to some semblance of …
Continue reading Lost your job? Don’t make these 3 mistakes!
Don’t trade on the news: coronavirus & your money
The last couple of weeks have been turbulent market-wise. Fears of the coronavirus and its impact on the Chinese economy sent markets into bear territory worldwide. My own portfolio lost between 5% to 10% over that period. And I don't really care. Yes, you've read correctly. And, yes, you also guessed that I didn't sell …
Continue reading Don’t trade on the news: coronavirus & your money
Opportunity cost
If you are a reader of the blog, you know I decided to obtain an MBA. I have been studying for almost a year now. Last September, an opportunity came across to study for a semester on the Malaysian campus of my university. After careful budgeting, I decided to accept it. I have been in …
Tips to ask for a pay raise
A few decades of life experience has taught me that, for the most part, if you want to obtain something, you have to ask for it -besides working for it-.
F.I.R.E. explained and debunked
F.I.R.E. is a very popular acronym is the Personal Finance blogosphere. It stands for Financially Independent Retire Early. Over the years, this concept has become more and more appealing, and no wonder. With major changes in the workplace, such as stagnant wages, the disappearence of pension plans and a higher unemployment rate, a growing …
The importance of the emergency fund
I have heard a lot of names for the Emergency fund: Back-up fund, F-U fund, Opportunity fund, Rainy-Day fund...whatever you want to call it, it is just semantics.
To combine finances or not?
When two people are in a committed relationship, the question of moving-in together comes-up at some point.
Stress-testing your finances
The Office of the Superintendent of Financial Institutions (OSFI) implemented a new mortgage rule that will come into effect on January 1st 2018.
Retirement planning mistakes- part 2
In part 1, we examined 5 common retirement planning mistakes. Here are a few more
