Archive for October 2021
Weekend Reading: Is It Time To Go Vegan Edition
Our family switched to a plant-based diet two years ago. We have our reasons – a dairy intolerance was the driving force but there’s also environmental concerns, the ethical treatment of animals, a healthier diet, etc. We’ve never looked at it from a financial perspective, mostly because we haven’t noticed much of a change in…
Read MoreThe Rule Of 30: Book Review
I’ve read a lot of personal finance books over the years. Most say some version of the same thing. Live below your means. Pay yourself first. Avoid debt like the plague. Invest your savings for the future. Rarely do I see a novel concept that gets me excited to share it far and wide. But that’s…
Read MoreWeekend Reading: Giving With A Warm Hand Edition
CIBC’s Deputy Chief Economist Benjamin Tal raised eyebrows this week when he said that one in five first-time home buyers is getting help from their parents with a gift, on average, of $150,000. Not only are more first-time buyers getting financial aid from the bank of mom and dad (up from 15.5% in 2015) but…
Read MoreDesigning Your Retirement Lifestyle: Moving From Thought To Action
When you retire you want to be intentional with your time and focus on doing the things that will give you purpose and meaning, what makes you truly happy. In this final article, I’m going to bring everything together by telling you one of my favourite retirement lifestyle design stories. Part one: It all…
Read MoreWeekend Reading: Invest Your Way To Financial Freedom Edition
Two of my favourite writers teamed up for a new book called Invest Your Way To Financial Freedom. A Wealth of Common Sense blogger Ben Carlson and The Evidence-Based Investor Robin Powell offer a simple guide that explains how to set yourself up for financial success. The chapters are short and engaging, written like a…
Read MoreDesigning Your Retirement Lifestyle: Embracing Your Ikigai
In our first article we discussed the importance of finding a good sense of purpose and how many retirees are finding it through paid or volunteer work. I’m a big fan of working part time as there is mounting evidence that working at something helps people live a longer, healthier and happier life. I’ve…
Read MoreWeekend Reading: Maxed Out RRSP And TFSA Edition
It’s generally a good idea to max out the available contribution room inside your RRSP and TFSA first before moving on to other investment opportunities. Those “other” opportunities may include accelerating your mortgage payments if you own a home, or buying a rental property, or opening a non-registered (taxable) investment account. It’s a topic I…
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