Retirement Myth Busting – Part 1
It seems that more and more these days the topic of retirement is coming up. Likely has something to do with my age ;). Weekly an article pops up in the news or my...
Tagged: money management
Tithing: The Art of Giving
I was listening to a speaker on Kids and Money recently, they talked about teaching kids to separate their money into different jars. The basics are savings, spending (both short and long-term savings goals)...
Experience your Debt Differently
It’s payday. You’re trying to figure out what to pay, how much you need to get you through the month (or following your spending plan that you created to make life easier! Yes!). You...
10 Tips for a Great Financial Start to the New Year!
Well here we are, at the start of another New Year. This is always a time of reflection, a time to set goals, to get our lives back on track or to jump to...
10 Tips to avoid credit card debt over the holidays
I was enthusiastically reminded this morning that it is 4-weeks to Christmas. I suppressed the urge to harm my co-worker and smiled politely. Don’t get me wrong, I love Christmas. It’s just that Christmas...
Should I switch bank (accounts)?
This question comes up often, but usually too late, after the Bank has taken money out of your account and left you short on your mortgage, car payment or any number of things scheduled...
What would you do differently without credit?
“But I had to use my credit because…” (you can likely finish that sentence) … . “I needed food, I needed to pay the rent, I needed to fix my car, etc. etc. I’ve...
The 3-Step Simple Spending Plan
Want a simple ‘Spending Plan Process’? – Set up three accounts. These can be three bank accounts or can consist of a cash account or two, depending on what works for you. One account for your regular monthly expenses, one for savings and one for your day-to-day spending needs.
Does Breaking Your Mortgage Make Sense?
With mortgage rates still hovering at historic lows, chances are you’ve considered breaking your current mortgage and renewing now before rates begin to rise.
Perhaps you want to free up cash for such things as renovations, travel or putting towards your children’s education? Or maybe you want to pay down debt or pay your mortgage off faster? In some cases, the penalty can be quite substantial if you aren’t very far into your mortgage term, but we can determine if breaking your mortgage now will benefit you long term.
Are you a Hot Commodity?
Financial institutions – banks, credit card companies, etc. have money. And they need to invest this money. And they need to make money on their investment. They do not loan us money because they like us, or we need it and our goals are important to them. (I am speaking from an institution perspective, your loans officer may care about you and your goals – the good ones anyway). They loan us money because they are investing in us
