We all want to double our investments, but over what period of time? With the “Rule of 72” you can figure it out! It’s called the “Rule of 72” and it’s a quick formula that will help you determine how long it will take for your investments to double at your current interest rate. One […]
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Many of us ask more questions on a first date, then when interviewing a financial planner, and we entrust them with our wealth! So, what would you ask on a first date? A financial first date with a financial planner that is! Have you been wanting the help and advice of a planner, but don’t […]
Sending money to a friend or around the world, has never been easier, with email money transfer I get tons of emails and private messages with many different money questions. One of the questions I’ve received a number of times is how to send money using email, both to friends nearby and across the world. […]
So you are dreaming of buying a house… and then you look at your bank account, and think it is never going to happen. There is another way to get into the housing market, and NO, it’s not illegal or grey market. It’s smart and it’s what I would do today if I was buying […]
Both your quality of life and the size of your bank account matter. How would you rate the quality of your life? And how would you rate the quality of your bank account? You may not realize it, but the decisions we make every day about the quality of our life impacts our bank account […]
Who has the time to remember to save? No one. That’s why you should automate your savings. Why should you stress and worry about putting money aside every single month? The answer is, you shouldn’t and you don’t have to if you automate your savings. Many financial experts will tell you that you should “pay […]
Lifestyle creep: Are You Allowing it to Sneak Up On You? I had a disturbing conversation with a friend the other day, where she told me about her new promotion which came with a parking spot right outside her new office. I asked her, “What are you going to do with the parking spot, since […]
Have you heard the expression ‘throwing good money after bad’? Well this idiom can also be applied to understanding sunk costs! Let me explain… have you ever spent money on an item or experience and later, had to pay more money towards the same original expense? This could be considered throwing the good money after […]
Do you know your net worth? Net worth is probably one of the simplest ways to have an overall snapshot of how you are doing financially. It takes into consideration your assets (everything you have and own) and all your liabilities (everything that you owe) and it’s all tied together in one number… Ta Da! […]
Are you doing it? Living within your means? What is it about the messages we get from society, that we think we should have every single thing we desire to purchase, right now, no matter the cost? The message that we should be getting is living within your means is the smart way to manage […]
