Following from our recent article on must-know financial and investing phrases, we have 20 more popular phrases in the world of investing and personal finance. Know and master these if you want to elevate your level of wealth and reach financial freedom faster. To some, these may just words or beautiful quotes. To the financially…
The formula for becoming wealthy and financially independent is fairly simple, though applying it can be challenging. It goes like this: save and invest as much as possible, starting as early as you can. If you begin in your early-20s, you could achieve your wealth goals by your mid to late 30s, rather than having…
“This book changed my life” is a phrase we often hear, and it is true, as books have the power to change someone’s life in profound ways. In my almost two decades in personal finance and development, I have come across various books that others have cited as life-changing. While the list varies for each…
As the annual income tax season looms, it’s essential to approach the process with foresight and preparation. Whether you’re eagerly anticipating a refund or resigned to the prospect of payment, ensuring a smooth experience hinges on meticulous organization and attention to detail. By gathering all necessary documents, such as T-4s and tax statements, and thoughtfully…
We’ve all been there: striving to achieve a particular goal, whether it’s shedding pounds or mastering a new skill, only to find ourselves faltering with each attempt. But why does this happen? Weren’t we told that setting goals is the key to success? While setting goals is undoubtedly important, it’s just the beginning. Merely establishing…
Getting started is better than waiting for perfection or never starting at all. When I first ventured into investing around 2009, I didn’t possess much knowledge, but I was eager to begin and gain some experience. It turned out to be a challenging start, marked by various mistakes that ultimately contributed to my growth as…
A recent CGA-Canada survey revealed that more than half of the respondents had no idea how much interest they were paying on their credit card balances, with many mistakenly believing it to be around 3-4%, similar to the prime rate. This is a startling revelation. While not everyone may know the exact percentage, it’s concerning…
The college experience is often painted as a carefree time of exploration and growth. Yet, for many young people, it’s marred by a looming financial shadow: debt. The insidious nature of credit card offers on campus has turned this pivotal chapter into a financial minefield. Credit card companies have cleverly targeted college students, preying on…