Although it's not too surprising, it certainly is disappointing to see the new NDP government not taking a moment to provide a second sober thought to the planned closure of the Alberta Centennial Education Savings (ACES) grant. The grant gives parents who contribute to a Registered Education Savings Plan (RESP) up to $800 to help fund their education.
I love my smartphone! I go to bed after scrolling through Facebook and LinkedIn posts. It tells me how many calories I've consumed and calculates how many calories I've burned based on how much I've walked. But most importantly it helps me save and make money!
Canadians have many reasons to celebrate as their nation turns 148 years old tomorrow. They can even feel a bit of pride in an area that normally provides a healthy dose of shame in the headlines: personal finance. Let's take a look at a list of Canadian financial accomplishments along with lessons we can use to help us become the True North, Strong and Debt-Free.
The National Strategy for Financial Literacy - Count me in, Canada is an ambitious playbook for country that brings together a wide range of stakeholders, identifies priorities and targets deliverables. It's time to act. Canadians who acquire financial knowledge today will be positioned for a better future.
FACT: 90 Per Cent of the Journey Is Taking the First Step Once you're determined enough to take that initial step towards accomplishing what it is yo...
The start of summer is the last time that students want to think about university and their future, but the time is right to start building a plan. With school getting more expensive and good jobs hard to get when you graduate it's crucial to put some strategies in place.
There is nothing better then staying in a chic boutique hotel when you travel. I love the cool lighting, contemporary furniture, slick washrooms and trendy hotel bars that come with them. What is even better is to stay in a boutique hotel for less than a normal hotel. I wanted to share my tips on getting extravagant hotels for cheap.
Do you have a list of savings goals you're currently working towards? A running list of things you actually need to buy? Or were your answers impulsive - full of wants that would satisfy you in this moment rather than needs that could help you for awhile? The question sounds innocent enough. But the question is everything that's wrong with the money mindsets being instilled in us.
It's aid that people are more genuinely happy through experiences rather than things, so pick your ultimate travel location and go! I'll show you how to do it for the most bang on a budget. Did you think of where you wanted to go? Did it pop in your head? Book it boo! Make sure you have the money first. I'll show you how.
I was at a workshop the other day about personal finances. Instead of the usual blah blah blah about investment opportunities and admonishments to save more for retirement, this one took a very different tack. The moderator wanted us to consider our emotional relationship with money. The first question she asked was who's in control?
Have you ever dreamed of living in another city? Royal London? Beautiful Paris maybe? Ancient Istanbul? New York or L.A? Do it today! I've lived in a bunch of cities across the globe to absorb their culture and heritage and you should too. Most countries will let you stay for at least six months so you can have time to immerse yourself in your new city. Here is how I do it on a dime!
It's the good "Big Rocks" that can actually make you wealthy (or poor) so let's concentrate on the big rocks! Large items that can make you poor are things like expensive dinners, cars, boats and big ticket clothing. And then things like business equity, investments, and property are the big items that make you rich.
Think about how you feel about money vs. how wealthy people feel and if your belief system is serving you. If you currently have a positive belief system on money, ah-mazing. Keep it up! If you have a negative association with money, wouldn't it serve you better if your habits were one of a money maverick?
It's almost summer and the time when most people spend a fortune. It's so easy for us to spend out of control trying to make up for the crappy winter. But as your spending starts to heat up why not put a freeze on it by getting rid of your cards? You and your money will be nice and cool before winter comes.
When I became a parent 15 years ago, I knew it was important to save for my daughter's education. While our income didn't allow for large RESP contributions, we made regular ones, supplemented by money she received, often as gifts, along the way. But with my daughter a mere three years away from post-secondary school, I've learned that my role as a parent extends well beyond helping her finance an education.
When creating a budget for your bucket list you have to keep in mind a bunch of things. The first thing is that there will always be more items to spend on vs. how much you bring in. We have one kick at "the bucket" so let's all make sure that we use our money as a fuel to get everything we want in life. This is how you do it.