The 4 ways to make money

The 4 ways to make money

I was a meeting this week where the Cash Flow Quadrant came up.  This is one of the most important financial concepts there is.  This should be taught in schools.  At my college, in the personal finance course, this never comes up.  Understanding this diagram can mean...
Life Style and Money.

Life Style and Money.

I have never talked to anyone who had the exact same financial situation as anyone else.  Every person’s financial situation is different.  Everybody has different wants, dream, abilities, and circumstances.   So, coming up with a financial plan for yourself, where...
Why would do you do that!?

Why would do you do that!?

This was the comment I got from a friend of mine the other day when I told him what I had done on the weekend.  No, it wasn’t sky diving, or drag racing.  I had written 6 hours of exams for Life Insurance. (They were qualification exams, not the Provincial Exam. That...
Financial Freedom. Monthly income or Lump Sum

Financial Freedom. Monthly income or Lump Sum

At graduation last month I had a student ask me to describe the best was for them to get to financial freedom.  That is a tricky question.  The reason being, that the answer is dependent on a number of things. Age being one of the most important.  If you are under 30...
Are you getting the Best Advice?

Are you getting the Best Advice?

I am currently listening to Tony Robbins book Money, master the game.  I am happy to say, that all the things I teach, he teaches as well.  I think I am a little more practical than he is. Tony like so many Financial instuctors comes from an American background. What...
Can you SAVE your way to Wealth?

Can you SAVE your way to Wealth?

I get asked this question a lot. All the Banks, Credit Unions, and Mutual Fund companies are telling you that you need to be “Saving for your Retirement.” The Canadian government also gave us the most powerful Savings tool we can have. It’s called a...