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Simplifying Money and Chasing Financial Independence

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Category: Planning

Is couponing worth it?

If you live in North America, you have probably heard of the TV show Extreme Couponing. In this program, people … More

couponing, extreme couponing, is couponing worth it

Financial rules I like to bend or break

There are many financial rules we hear over and over again, and that we blindly follow. But before following any rule, we need to see if it is actually adapted to our own situation.

emergency fund, financial rules, personal finances

From saving to investing

I have always been a saver. I understood from a fairly young age that I needed to save money if … More

investing, saving, saving vs investing

The power of compound interest & the rule of 72

Did you know Albert Einstein called compound interest the 8th wonder of the world? Basically, compound interest is “interest paid … More

compound interest, compounding explained, rule of 72; 72 rule; compound interest

Money talk for couples

With Valentine’s Day around the corner, I thought I would write about couples and money matters. For a lot of … More

money and relationships, money talk, money talk for couples

Understanding fees in mutual funds

There are a lot of discussions on how the Management Expense Ratio –or MER- of a mutual fund directly impacts … More

fees in mutual funds, mutual funds, understanding fees in mutual funds

Mutual funds basics

This investment product is very popular in North America. But what is a mutual fund and how does it work? A … More

mutual fund, mutual funds, mutual funds basics, mutual funds explained, mutual funds in Canada

Be your own financial advisor

Well, sort of. No, this entry is not about whether you should hire a financial advisor/planner, and whether these people … More

financial advice, financial advisor, financial literacy

TFSA vs RRSP for retirement planning

This debate has been pretty heated since the introduction of the TFSA back in 2009. What is the best investment tool? Which account should you contribute to?

retirement planning, TFSA or RRSP

RRSP basics

As tax season is around the corner, a lot of “experts” urge us to contribute to our RRSP. But what … More

RRSP, RRSP basics, RRSP explained, saving for retirement

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