Archive for August 2010
Investment Statements
I always check my investment statements for accuracy on a monthly basis and compare them to my transaction slips. I don’t really expect any fraudulent activity on my account but mistakes can be made, even by a large discount brokerage such as the one I use…
Read MoreInsider Tips: How To Save Money On Hotel Rooms
In my previous career, I worked in the hotel industry. Most hotel chains have an employee rate program starting at $39 – $69 per night to stay at their sister hotels. Since I’ve left the industry I have had a difficult time transitioning myself to paying the standard rate. It can be painful, but it doesn’t have to be. Here are my top 5 tips to save money on hotel rooms…
Read MoreAuto Insurance: 10 Tips To Save Money
When setting up our family budget, I thought we were spending a bit too much on auto insurance premiums. Here are my top 10 tips to save on auto insurance:
Read MoreMy Short Term Goals: Boomer
Any inspirational book or seminar will tell you that you need to write down clear, concise and measurable goals in order to successfully plan your future. Almost any life goal has a financial aspect to it. You could have a goal to have a million dollars in investments, but it’s more exciting to incorporate a vision of your life…
Read MoreMy Short Term Goals: Echo
From simple objectives of increasing your net worth, reducing your debt, or contributing to your RRSP / TFSA, to more specific goals of changing careers, building a house, or creating & sticking to a family budget, writing down your goals and regularly checking in on your progress is critical to your financial success…
Read MoreFound Money
I have an investment that is fully redeemable without penalty and pays an annual interest rate of 4.74%, much higher than the so-called investment savings accounts out there. It is my personal chequing account…
Read MoreTips To Save Money: Meal Planning
One of the best money saving tips out there for young families trying to stretch their dollars is to create a meal plan.
Read MoreThe Long and Winding Road
The Long and Winding Road – When I saw the classified ad in the newspaper for a Financial Planner for a Trust Company I knew that that was what I wanted to do – help people get a handle on their finances and plan for the future. My dream job!
Read MoreConfessions: My Financial Sins
Confessions: My Financial Sins – It’s great to write about financial success stories and wisdom from past experiences. Paying off debt, building a growing stock portfolio, and sticking to a budget are all part of my road to financial success. However, there are some things that should also be part of my financial plan, and either I haven’t got around to it, or I don’t believe there is a great need for it at this time. It’s time to confess my financial sins. I don’t have an emergency fund. I don’t have a will. I don’t have adequate life insurance…
Read MoreAsset Allocation
This is how my asset allocation is set up. I know approximately how much I want to have in each category in dollar value.
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