Its Canadian RRSP season.  Know what your getting into.

Working with a Credit Union.

One of my favorite topics is one of the 4 topics Canadians are not supposed to talk about .  (Canadians don’t talk about Sex, Money, Religion, or Politics.)  I like talking about Money, Politics and Religion.  So this morning I had a great meeting with a...
Could somebody explain this??

Could somebody explain this??

I did something this week that I have not done in a long time.  I went shopping with my wife, mother-in-law (mom) and my sister-in-law.  I went because they needed a driver, due to the snowy roads.  The trip reminded me why I don’t spend much time in Shopping...
Budget versus Cash Flow Plan. (CFP)

Budget versus Cash Flow Plan. (CFP)

Over the last couple of weeks I have been getting a lot of questions about Budgeting, so here goes.  The questions usually sound like this.  “I need to get control of my money so I better figure out this Budget stuff.”  The word “Budget” simply...
Wealth Accumulation Steps

Wealth Accumulation Steps

What is the actual Wealth Accumulation process?  I suggest it can be summed up in 7 steps. I’ll do a page on each of these in detail but as an introduction, here are the broad strokes.  As with most things, the first step is often the most difficult. STEP 1 This...
Simple Savings Plan

Simple Savings Plan

One question I get asked alot is : “How much should I save?”  The simple answer is the one everyone gives; 10% of what you make.  This figure is used because it is simple math for anyone to figure out.  If you get $200.00 you save $20.00. I absolutely...