More articles in category: Personal Finance

Free Cash Back for Online Shopping via BeFrugal!

BeFrugal is a website that I recently discovered and have started using for nearly all of my online shopping purchases. It is free to sign-up, and anyone that shops online can benefit!

From BeFrugal’s website:

BeFrugal offers Cash Back for online purchases at over 5,000 stores and guarantees that our rates are the highest. We give shoppers…

Financial Literacy Is Important To Your Future

In past generations, cash was used for most daily purchases; today, it’s rarely ccarried particularly not by younger shoppers. The way we shop has changed as well. Online shopping has become the top choice for many, creating ample opportunities to use and overextend credit – an all-too-easy way to accumulate debt, and fast.

Meanwhile, credit card companies, banks an…

Being In Debt Sucks!

Most people who are in debt seem to find a way to keep making dumb decisions that dig them deeper and deeper into the hole. A wise friend once asked me a question and now I’m going to ask you the same question. What’s the first thing you should do when you find yourself in a hole? Stop digging of course. Some of the things we do when we find ourselves in debt may appear …

How a Millennial Got FinLit into High School

Prakash Amarasooriya is the 20 something year old who led the charge to revamp the grade 10 career studies course in Ontario to incorporate financial literacy. Prakash and his colleagues at the Toronto Youth Council launched an online petition in the fall 2016 that got picked up by the mainstream media. Prakash met with then Minister of Education Mitzie Hunter, and soon af…

Credit Card Perks: 4 Amazing Benefits to Use

If you have a credit card (or more than one!), do you know what types of benefits it includes? And have you taken advantage of them? Believe it or not, there are numerous credit card perks included in many cards that we just don’t use. Here are some of the best ones to start leveraging today.

1. Rewards

Arguably the most obvious benefi...

Quality of Life AND Money

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 and quite possibly the quality of our life in the future.

Now, you shoul…

Paying Just the Minimum Balance

What happens when you only pay the minimum balance on your credit card.

There are some areas in life where you can get by just fine by doing only the minimum or putting in the least effort required. For example, if your clothes end up on a chair at the end of the day rather than in your closet or if you need, but don’t get a pedicure all winter long, there will be no…

Guide to DIY Financial Planning Step 3

So now, assuming you’ve implemented parts 1 and 2, you’ve got a budget and some automated deposits adding up in your savings account. Next step is to to invest your savings from earned income and convert the money into income producing assets. 

Step 3: Make Your Money Start Working for You 

Remember, the basics of Financial Planning a…

3 Step Guide to DIY Financial Planning: 2

Once you’ve completed (or at least started) step one, tracking past expenditures and budgeting for future spending, you’re ready to implement the key to achieving wealth and financial freedom: a plan to grow your income and save a portion of that earned income to convert into financial assets. 

Remember, the basics of Financial Planning:

  • budget an…
5% Cash back at Amazon and Whole Foods

I recently applied, and was approved for, the Amazon Prime Rewards Visa Signature Card (Chase is the card provider).  I have to admit, I should have applied for this card several years ago, as I regularly shop on Amazon and am an Amazon Prime member. I have been forgoing at least 3% cash back because I historically have used my Citi Double Cash credit card for Amazon…

What Are You Teaching Your Kids About Money?

Have you ever given consideration as to how you’re going to teach your children about money? This is an ongoing discussion in our household considering my partner and I both feel strongly about educating our son on the importance of responsibility, budgeting, the danger of credit cards as they apply to consumer debt and most importantly, contentment. 

I recently w...

How To Lend Money To A Friend

Should you lend money to friends?

Hmm… this is a tough question. My answer is definitely yes! And absolutely not! Confusing right? Well read on…

I’ve personally lent money to friends more than a handful of times and all but once did I actually get the money back. Each situation is different and requires careful evaluation. Before agreei...

Your Debt Collection Rights

Debt issues can be hard to manage and when you add the stress of a collection call from a very persistent creditor can make a challenging financial situation all the more stressful.

The good news? You’ve got debt collection rights, and lots of them-thanks to the Fair Debt Collection Practices Act.  This federal law lays down a specific set of rules that third-part...

Who’s Ready for Happily Ever After?

Happily Ever After is a guidepost for my life. It’s never too late for happily ever after. We all dream. You have a dream inside of you, begging to be heard. We stumble in the execution, struggling with the money and the plan.

Finding and saving money can be hard. The average family doesn’t have $400 for an emergency, much less a dream. Half of the families you …

3 Step Guide to DIY Financial Planning: 1

Financial planning is really pretty simple; once you get that the basics:

  • budget and expense tracking, 
  • an income savings strategy and 
  • an investment system 

will lead you to the outcome you desire. 

But most people never get started, or stumble on one of the first steps. So let’s focus on the first rule of plannin...

Biggest Money Block Unblocked

Wanna know what one of the largest biggest MONEY BLOCKS that most of us actually have?

And it isn’t really about the money, yet it hinders our souls in so many ways?

Lately, I’ve been re-given this massive lesson to learn.

It’s this.

That I’m great (awesome actually) and worthy with or without money.

I’m awesome …

I Went Over My Budget… A Personal Confession

Do you every have those months where you go way over your budget?

It happens to the best of us, whether we have unexpected expenses that we can’t avoid like a car maintenance or we just want to indulge a little for ourselves!

That’s what happened to me last month. I usually track my finances and my spending in a detailed excel spreadsheet but the 10th of the …

DIY Financial Planning: Save Money, Build Wealth

Quill Cloud

If you can earn enough money to support yourself, you can do your own financial planning. Don’t let the CPAs, CFPs, or any other alphabet soup string of lettered “advisors” tell you managing your money is too hard. Sure, to do it well takes some ...

Layers of Wealth

I recently read an article written by my good friend Tom Corley and in the article he outlines 3 levels of wealth where most people find themselves or want to find themselves.

Within each layer there are some habits and characteristics that people on each level display.

There are multiple levels of wealth, where do you want to fit in?


Quick Tips To Improve Your Credit Score

You can ignore your credit, but your credit won’t ignore you. A great way to improve your credit health is to pay your bills on time, diversify your credit mix and do not close your oldest accounts.

If you look at your credit like a finger print you will quickly understand that we each have our own unique credit history. Yours may comprise an entire constellation …

Earn 5% cash-back on Gas, Food, and Phone Bills

Get ready for new cash back categories during Q3 2018!

  • Chase Freedom: 5% cash back at Gas Stations, Lyft and Walgreens.
  • You can earn cash back on up to $1,500 combined in purchases during the quart…
How To Build Credit The Smart Way

Being on top of your credit accounts and making smart decisions is an essential key when it comes to improving your credit standing. Building your credit in a smart way can help you achieve your goals much faster than you thought possible— better credit means a less worrisome financial future.

Paying off any high credit card balances you have, checking your credit...


There are many choices we have to make in life and one of those choices is dealing with finances. Whether it is finding an affordable place to live, finding the best place to shop, or finding a new job. Six months ago it was the first two for me. Now, my boss wants me to become assistant manager. Sounds great right? While there is a two dollar raise in it for me, along …

There Is No Such Thing As ‘Wasting Money’

There really is no such thing as wasting money.

I want to share something with you today from someone I follow on Instagram, Amanda Frances.

She said it perfectly, so I don’t have to.

I so want you to get this, and really understand this.

It’s such an important part of understanding the energy of m…

8 Essential Tips for Building Wealth

I gave some Wealth Words last week to a room of 150 Beautiful Women at Women’s Conference. This is what I shared with them.

8 Essential Tips for Building Wealth

1. Asking is the key to receiving – and if asking is the key, then to build wealth we must ask.

We must not be ashamed to ask. We must not feel guil...

Cost Effective Date Night Idea – $5 Movies!

My wife and I have recently made a new weekly tradition on Tuesdays… $5 movie night at one of the local AMC theaters around our apartment in Chicago!

A bit of quick history on AMC Entertainment: AMC is the largest movie theater operator in the world, owning or operating more than 1,000 movie theaters and 11,000 screens in 15 countries. Over the past…


The latest hype and excitement is around the buzz-word “cryptocurrency”. What is cryptocurrency and should you invest?

Cryptocurrency is a digital or virtual currency which uses a decentralized model. The first cryptocurrency which came about in 2009 is Bitcoin. Today, there are more than 1,500 different types of cryptocurrencies.

One of the questions that peo…

What it REALLY Takes to Succeed!

Recently at an event which I was attending, I was approached by a gentleman who asked me what he was doing wrong. Why was he not successful when he had created a most intricate vision-board with all his life’s expectations listed. Was this not what was required to be successful? Should he not be putting things out into the universe in order to succeed? When I asked him wha…


What is the problem with self-sufficiency?

Don’t get me wrong. I would NEVER want to be a leach on society. However, does our pride and lack of humility stop us from asking for help? And how does this affect our wealth & receiving of money?

For most of middle class America, self-sufficiency was demanded of us.

Self-Sufficiency is the...

5% Cash-Back Categories Q2 2018

Posting this one a bit late, but still applies for the next month and a half to earning free cash-back from your Credit Cards! Let’s check-in to see what the Credit Card Cash-back Reward programs I have previously discussed will be offering during Q2 2018.

These are the cards that I have been focusing on in Q2 2018 (April through J…

Credit Score Justice For All

The other day one of my credit students asked me what I hated most about the current credit industry.

I thought to mmyself, that’s an easy one.

The thing I hate most is that millions and millions of people have errors on their personal credit reports.

Why do I hate this more than anything else?

Because it’s so unfair and the credit bureaus know …

What The Wealthy Know About Life Insurance

If you have ever thought that life insurance was something you wouldn’t need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals still carry large amounts of insurance. While life insurance is most often looked upon as a vehicle to protect ones family or business, the question that springs to mind is why…

How to Kill Energy Vampires

Have you ever sprouted a leak?

I’m very sure I’ve sprouted many.

From tears to my rubber dingy and everything in between.

I feel some days I’m the queen of leaks.

I probably have leaky gut syndrome – don’t know what that is, mind you – but I saw a Facebook ad for it, and I assume Facebook knows me better than my own GP. I mean, seriously, all th…

9 Rules of Money


Unforeseen events can happen at any time.

  • Full replacement value of your assets, income, and life is essential for wealth conservation in the event of a claim.
  • A properly designed protection plan is a higher priority before savings and investments are fully developed….
You’re Not As Rich As You Think

There is this thing that financial services industry does that irks me to no end.

Whenever they see an RSP Portfolio … and use this information in building a financial plan, the balance is used at face value… and it is worth in fact … considerably less.

Canadians need to appreciate that RRSPs are FULLY TAXABLE.  Funds in an RRSP are funds that you have n...

Top Three Financial Regrets & How to Avoid Them

Regrets! We all have them in our lives. We all have things that you wish you had done differently. I know I definitely have some of those. If we are proactive in our lives and if we plan properly we can avoid regrets in the future!

Here are 3 things we can do to avoid having regrets in the future, in particular those financial regret…

What To Shed This Spring (hint: not your weight)

Springtime is upon us. Instead of shedding weight which many of us consider at this time of year, let’s focus on some of the things that we can shed that aren’t related to our physical body but that can help us start to feel so much better about ourselves.

Here are 3 things to shed that will help us live happier stress free lives: 


Creating Your Money Philosophy


This is where it should start:

Thoughtfully & intentionally creating your money philosophy.

But it doesn’t.

Most of us get stuck with some weird distorted hand-me-down version of this from our parents – the same people who, no doubt, also taught us that Happy Meals were an actual food group or that “tails” were totally the bomb hair-sty…

Most Americans R Losing Sleep Over $ Concerns

Even with a relatively stable U.S. economy, most Americans are losing sleep over their finances.

Money is keeping sixty-five percent of Americans awake at night, with health care or insurance costs beating retirement savings as the primary source of anxiety for the first time in a decade. That number is up three percentage points since 2015.

Thirty-eight of r…

Why debt is easy to build up but hard to pay off


It boggles my mind how many people seem to brush off their debt, but then complain that they don’t get to do things that they love. When it comes to the money that we work so hard to make, I’ve noticed that people don’t investigate how and why they are spending the money.

Just the other week, I had someone tell me that I’m lu...

Check Your Credit Report Online for FREE

Are you thinking about buying a home in the near future? Then you’ll want to keep a close eye on your credit. It’s generally recommended that you check your credit six months to a year ahead of when you’ll be purchasing a home.

Credit has three parts: credit history, credit report and credit score. Your credit history is a lot like your resumé. It’s a summ…

It’s Your Responsibility Not Your Fault

The other day I saw a really cool video where Will Smith talks about the difference between fault and responsibility. Watch it here!

He outlines that it’s really not your fault if you have experienced difficulties in your life, whether you have had family, marital or other issues. What he…


The other day I saw a really cool video where Will Smith talks about the difference between fault and responsibility. Watch it here!

He outlines that it’s really not your fault if you have experienced difficulties in your life, whether you have had family, marital or other issues. What he does say and I quote…

Get Your Bounce Back! Part 5: Bouncing Bankruptcy

“A Man’s management of his own purse speaks volumes about character.” Thomas Jefferson

Money is tied to just about everything we do in life. Debt has become the norm for most families in North America these days. School loans, medical bills, and credit cards lead the top of the list.

Then, for some, while under the pressure of debt, they file for bankruptc…

How to Get FREE Cash Back on Amazon Purchases!

Today’s free money saving tip builds on my recent article titled “How to Get FREE Cash Back on Groceries!”. If you have not downloaded the Ibotta app yet, it’s time to check it out!  It is free to sign up (I personally use their iPhone app). Note: please see my previous article for general info on the Ibotta app. Today I will show you how to get free cash back on normal pur…

The Importance of Shopping Around Before You Renew

Many of us tend to just sign a renewal at the end of our mortgage term, assuming our current lender or financial institution is offering us a good rate. Even though our needs can change, we prefer to stay with what we know, even if that means missing out on valuable opportunities. It’s understandable really. 


But what if I told you that you could get a b…

How Long Does It Take to Repair My Credit?

If you are like 97% of people in America- chances are you would like to improve your current credit score.

If you have negative information on your credit reports that is accurate, it can take some time for it to age off of your reports according to conventional wisdom.  Here’s how long negative marks remain on your credit report:

·      Late Payments: 7 yea…

3 Ancient Laws 2 Help Increase Your Wealth This YR

When I first graduated from college, I was full of enthusiasm and excitement. My hopes for the future were only matched by the number of bills that piled up. And it didn’t get easier. Graduate school added to the debt pile.

My whole life has centered around studying success, financial freedom, and happiness. I knew the difference between “good debt” and “bad debt,” …

The Saskatchewan Pension Plan

If you’re one of the two-thirds of Canadian workers without the luxury of a company pension plan, the Saskatchewan Pension Plan (SPP) can bridge the gap and help you save towards retirement. For most retirees, government benefits such as CPP, OAS and GIS simply won’t be enough to sustain their lifestyle…


I was giving permission to use a post on FB by a friend of mine that I thought would make a great article about the habit of collecting.

David Goetz, host of the Facebook group Friendly Recommendations,…

Take Action & Rebuild Credit

 In this day and age credit is beyond extremely important and takes precedence over money. As you may have the money yet if you don’t have the credit you need to jump through hoops and all to get what you want. For some of us, we may have never understood the importance of credit growing up, and then got hit with a dose of reality as an adult when trying to get by wit…

Critical Illness

Critical Illness provides a lump sum payment following a survival period of typically 30 days after diagnosis of one of the critical conditions covered by your plan. Heart attack, cancer and stroke are the big 3, but there are usually over 25 conditions covered. You can use the lump sum benefit payment anyway you wish.

With increased life expectancy and medical a…

Women’s heart health

Heart attack is the number one cause of death in women over the age of 55 in Canada. Things like blood pressure, cholesterol, tobacco use and excess body weight play a big part in your overall heart health. Often, the signs and warnings go unnoticed in women, resulting in not receiving the health care needed to prevent serious complications, or even death. Aside from …

How To Improve Your Credit Score

(…about 3 mins reading time)

If you aren’t getting approved for credit cards, lines of credit or loans, if you’re not getting favorable rates for financing, you might need to make some improvements to your credit score. Building credit isn’t a simple process, but it can be quicker than you think. 

I have some tips that can help you along the way and you can …

Women and Life Insurance

You are your most valuable asset. 

Think for a moment of your life, your accomplishments, your family, and any debt you may have. Think of what would happen to all of those things should something happen to you. Who would be responsible? Who would take care of them?

Women are the primary earners in nearly 40% of households, meaning, if something did happen t…

Women and Investing

Nearly 90% of women have responsibility for their household’s financial well-being, yet less than 40% of them have a financial plan in place. Wouldn’t it be great to know that everything you worked so hard for, is safely tucked away, growing at a much better rate than your basic savings account? Staying informed, understanding risk, and taking advantage of any information a...

Automate Your Savings: Foolproof Way to Wealth

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 yourself first”. What that really means is that wh…

What is a Credit Score Range?

Credit score range… where do you stand?

Your credit score is a numeric expression of your behaviour with money from the eyes of money-lenders (for example a bank) at a given point in time. It is important to have good credit, even if you don’t think you need it.

In Canada, there are several different reporting agencies, the largest one, being Equifax. You can…

SimpleTax Review: A Simple Way to File Your Taxes

With the tax season in full swing, the clock is ticking on the tax filing deadline. Most of us have until April 30th to file our taxes. You should have all your tax slips by now, so there’s no better time than the present to get started.

In Canada our tax system is one based on self-assessment. That means the responsibility of filing your taxes falls squarely on your …

How to Get FREE Cash Back on Groceries!

Today’s free money saving tip is from an app that I use and love called Ibotta. It is free to sign up (I personally use their iPhone app), with the best part being…. FREE cash back on everyday groceries (and no in-store coupons to deal with)!. 

The screenshot below is an example of a few current offers at Walgreens stores (you can pick from hundreds …

Have You Heard & Did You Know?

Did you know that there are millions of errors on consumer credit reports?

There are accounts being reported incorrectly by date, spelling, name, status, age, and many other ways and these simple reporting errors are costing you big time! Your interest rates are determined based on your credit worthiness and what you don’t know may be hurting you. Did you know th…

Managing Your Finances After the Loss of a Spouse

The pain and anguish is unbearable. Your world has been flipped upside down and you’re left feeling alone, and confused. Your decision-making skills are more than likely compromised during this time, so only take care of the finances that need to be taken care of right away, like funeral costs. Remember, you do not have to deal with everything all at once, nor do you…

Five Tips That Anyone Can Use To Build Good Credit

These days, building good credit is the golden ticket to getting access other good things—a car, a house, a cell phone or even a new job. On the surface, the badge of “good credit” might seem vague and elusive, but if you know how to build your credit, you’ll slowly start to see the benefits.

1.    Check your credit report to know where you’re starting. 


Simplii Financial Review

When I found out in the summertime that that CIBC and Loblaw were ending their nearly 20 year partnership, I was caught off guard. Although I saw the Optimum-PC Plus mergercoming from a mile away, I never thought in a million years it would lead to the …

Finding The Best High Interest Savings Account

When you are thinking about a high interest savings account, make sure you’re not giving your money away…

To the banks that is! Many of us are so afraid to lose our hard earned money through investing that we stash our funds in a high interest savings account. While this is a better option than under our mattresses, you have to make sure that the account you choo…

Nominal Interest Rate and Effective Interest Rate

Nominal interest rate and effective interest rate…. you’re paying HOW MUCH?

I’m sorry what? Many of us don’t realize that we are paying more than the posted rates we see in commercials. What we are actually paying is the effective interest rate, which is based on how often the interest on our balance owing is compounded.

The rates we see posted are the nomina…

PC Optimum: What You Need to Know About the New Re

February 1st marked the official launch date of the new PC Optimum loyalty reward program. I was one of the lucky few in attendance at the launch party last week to celebrate this momentous occasion.

This is the reward program merger cardholders have been anticipating for years. Loblaw and Shoppers Drug Mart made the announcement late last year that PC Plus and Sh...

Money Judgment


It’s running rampant.

Especially around the purse you bought, or the new car, or the new shoes, or the trip you are taking or the vitamins you buy or the coach you invest with.

Okay, so this isn’t a new thing.

Holy MacDoodle People. You should hear that judgment come flying out of the ol’ pie hole. (Why do they call it a pie hole…

Money Lessons

It’s a few weeks into the new year and I have a PERFECT record of hitting my exercise, move and stand goals (yes, I’ve crushed as many awards on my iWatch as I can possibly get!) AND I’ve gained 3 pounds doing it. SO NATURALLY, I’m pissed and PISSED when I hear about EVERYONE who has lost 10 pounds in a week. CONGRATUFREAKINLATIONS!

Your weight loss triggers me. A…


YES that is exactly what I am referring to, consuming mounds of cold hard cash in order to maintain a healthy waistline. 

Okay, I’ve hit my sarcasm goal today. 


Along with the majority, the New Year brought my partner and I new goals, new ambitions, new attitudes, new EVERYTHING really. 

So along with the bulk of my article to...

Spending with Cash, Debit or Credit

Cash, debit or credit… what’s your payment preference?

Most of us put very little thought to how we pay for everyday purchases. In fact, I would go so far as to suggest that our method of payment is so automatic, that we don’t even stop to consider why use cash, debit or credit or the implications of each one.

I was recently at the grocery store with a fri…

Employer Matching Program

Taking advantage of an employer matching program is like getting free money!

Free money is sometimes attainable if you know where to look. I’m baffled at the number of people who do not take advantage of an employer matching program, which can be considered free money.

Many companies both large and small can have employer matching programs. If the company you …

The Goose or the Egg?

If you owned the goose that laid the golden egg … which would you insure first?

As long as you have the goose you can always get more eggs. So, if you’re smart you’d insured the goose before you insure the egg.

Sadly, most of us insure the egg, and omit insuring the goose.  

In the goose that laid the golden egg story the egg is a valuable asse…

The Joys of Homeownership: Replacing My Dishwasher

“Ah, the joys of homeownership!” It’s a familiar phrase homeowners utter during moments of frustration. When you buy a home, you’re buying all the good and the bad that comes along with it.

Home repairs and renovations are often overlooked by new homeowner, but I can tell you first firsthand that’s a big mistake. They can easily add up and cost you a pretty penny. ...

US Equity Market in 2017 – Low Volatility!

Trading in US equity markets was historically quiet in 2017. According to the WSJ Market Data Group, the absolute daily percentage change for the Dow was 0.31% in 2017. It was 0.3% for the S&P 500, and in both instances, that represents the smallest absolute daily percentage since 1964. Credit Suisse pointed out that market experienced zero 2…

Why You Need Multiple Sources of Income Right Now

We live in a pretty amazing time. Technology and the internet have opened up so many doors and connect people from all over the world. While this poses it’s challenges (like being glued to our phones!), it also provides opportunities, like making it even easier to earn multiple streams of income.

If you work full time, you may be wondering why it’s worth trying to...

The Certainty of Money In Our Future…

The certainty of money in the future creates a world in which we can behave very differently now.  Let’s take a look at a simple example.  Imagine that you were entitled to a $500K bonus from your company, but the caveat is that it would not be paid out for 5 years. Would you behave differently now, knowing this deferred financial guarantee existed? Would you travel more? …

The Thing Most Often Omitted In Retirement Plans

Most of us assume that once our children are grown and we enter the retirement phase of our life we no longer need life insurance.    This is one of the reasons term insurance is often recommended.   However, in reality the exact opposite is true. Life insurance can and should be an integral part of retirement planning.  

Would you cancel your home insurance onc…

Even Kreskin Doesn’t Know

Has a financial planner ever asked you how much you’ll need in terms of income in retirement? I admit even I have been guilty of this classic “traditional financial planning” question.  

But the truth is, we have no idea what the future holds.

 Here is what we don’t know:

  • We don’t know how long we will be in retiremen...
3 Tips to Start the New Year Off Right Financially

With the new year upon us, it’s everyone’s favourite time: New Year’s Resolution time! Beside getting in better shape, improving our money situation is another popular goal that we set for ourselves. Unfortunately, this is often easier said than done.

Using fitness again as an example, many of us sign up for the gym in January, but by the first week of February, we...

Credit Repair…You Can Do It!

When you run into obstacles with your credit, it’s easy to fling your hands up in the air out of pure frustration and ignore the problem; but, like most problems in life- your credit score won’t improve because you ignore it. Some people choose to hire a credit repair company to magically fix their problems, but in a lot of cases this ends up being a bad deal for them….

Last Day to Save Money on 2017 Federal Taxes!

Several highly publicized sources have been discussing the benefits of pre-paying your 2017 property taxes before the end of the calendar year. See this recent NYT article as an example:…

What’s In My Credit Score?

What you don’t know is killing you! 

At some point, you may need to borrow funds from a lender and maintaining a good credit score will make the application approval process much easier. So your credit report is an important aspect of you life and here’s what you need to know.   

Your credit score is based on information from your credit report. Essentiall…


By Lawrence J. Fedewa, Friday, December 22, 2017

The polls sponsored or cited by the news indicate that only one-third to less than one half of the American public supports the new tax cuts being finalized by the Republicans this week. The first thing to remember about these polls is that these are the same pollsters who reported that the overwhelming majority of Ame…

The World is Going Crypto!


Money talk’s people listen. In 2009 a crash happened the banking system fell. Lots of people were affected by this, many were hurt. It is said that out of tragedy a new life is born. It became very clear that people were walking around with little or no control of their money. Out of anger and frustration change occurs. An unidentified man, later to become k…

Creating Cash Flow

It’s really all about cash flow.

Seriously. That’s what this money thing is all about.

You know, having enough money to spend on living the life you want to live.

Cash flow.

I really just wanted to clarify this, because I think so many people are worried about the wrong thing.

The game is simple.

If you have enough cash flow to...

The Working Poor

Many people have an understanding of saving for a rainy day. You know, putting a little money aside just in case. But research continues to show statistically, that most people, especially Americans are living paycheck to paycheck. What exactly does it mean to live “paycheck to paycheck”? Paycheck-to-paycheck is an expression used to describe an individual or individua…

Is This Your Doctor?

I’m not saying I’ve never googled a medical problem, but while it’s a good source of information, real medical advice is coming from a professional doctor. Why then are so many investors entrusting their wealth to passively invested exchange traded funds and portfolios?

Only actively managed focus on value and diligent investing strategies.

Here is anothe...

In Case You Forgot Rule Number One

There is a famous quote by investment guru Warren Buffet, “Rule No. 1: Never Lose Money. Rule No. 2: Never Forget Rule No. 1.” But why is this rule so important?

The reason has to do with what we call “Asymmetry of Gains and Losses”.

Basically, if you suffer a 10% loss, say your $1000 investment falls to $900, you have to earn 11% just to get back to $100…

You’re Behaving Badly

You’re focused on the wrong thing.

The media would have you believe that fees are the most important factor when it comes to investing. When in fact research has proven that investor behaviour, specifically the timing of investments, is the most important factor. Human nature.

Passively invested funds are gaining huge popularity among investors. They are b...

It’s Gonna Be Worse

The next market downturn has the potential to be longer and deeper than we have ever seen before.

A lesson from the flash crash of August 24, 2015.

On August 24, 2015, disappointing Chinese economic data resulted in the overnight Chinese markets falling 8%. This spooked markets around the world and before the US market opened the US traders started pulli...

Are You Swimming Naked?

The world has been on a bull market tear since the financial crisis of 2008. We are still seeing record highs in various indices throughout 2017. The indiscriminate buying in passively managed funds has been a serious contributor to this phenomenon and it will likely be the reason the next market crash is more severe in terms of loss and recovery time.

Passive inv…

The Upcoming Market Crash

There is a market crash coming and it has the potential to be longer and deeper than the financial crisis of 2008.

The world has been on a bull market tear since the financial crisis of 2008. We are still seeing record highs in various indices throughout 2017. The indiscriminate buying in passively managed funds has been a serious contributor to this phenomenon and …

The Case For Active Management

The world has been on a bull market tear since the financial crisis of 2008. We are still seeing record highs in various indices throughout 2017. The indiscriminate buying in passively managed funds has been a serious contributor to this phenomenon and it will likely be the reason the next market crash is more severe in terms of loss and recovery time.

Passive inv…

Creating Margin


You remember.

When your school teacher said to not write in the margins on your loose-leaf. Leave room for changes.

Really she meant, leave room for the mistakes or the beloved red-pen.

The space between. The boundary. The border. The allowance. The extra. The leeway.

Margin, in investment world terms, is an account created to cove…

Secured Credit Cards to Build Credit

Secured Credit Cards are like having a second chance at building your credit!

A second chance at rebuilding your credit that is! Most of us aren’t taught in school what a credit score is, let alone how to manage and build our credit. It’s no wonder when it comes time to qualify for a mortgage for a home or for financing for a car, many of us are left scratching o…

Understanding Sunk Costs

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 the bad, or making a decision based on sunk c…

Net Worth – One Financial Number You Should Know

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!

One way to think about it is if you were to hypothetic…

Testimony of one of my clients

Testimony of one of my clients: Milène, 22 years old

This client was an acquaintance and became my assistant sometime after

Hello everybody! First, I know you’ve read that I’m now working with Jean-Christophe, but I did not want to write this article to ” boast ” Jean-Christophe, but because it gave me a real added value .

I hav…

Creating Multiple Streams of Income

Multiple Streams of Income.

And no, I don’t mean diversifying income streams between ex-husbands, current husband, and boyfriends. (Tricky, but do-able.)

There is Magic in Multiplying Multiple Streams of Income!

There’s a tongue twister for you.

If one were to want to twists tounges, tongue twisters would actually not be my first choi...

The Case for Supplemental Health Insurance

According to the American Cancer Society in 2015, cancer of one sort or another will touch 3 out of every 4 families. In this year alone, there will be over 1.6 million new cancer diagnoses. Yet, while the disease, whether caused by heredity or environment, is on the rise, more than 6 out of 10 people will survive cancer.

That is certainly good news, but the bad n...

Surrendering Money

This is the problem when you sit down to write your blog at 4:30 am and you need a second cup of coffee because it’s now 5:26 am and you still haven’t made any sense on the page – at all….surrendering….

It’s probably because I had a horrible dream last night and woke up in a cold sweat (I actually don’t know what that is, but it sounds dramatic – my sweat is usua…

12X Your Hourly Rate

“I don’t like working extra hours; the more you work, the more they take out of your check!” I was confused at first. But, I would soon see what my co-worker really meant.

A real estate investor shared my co-worker’s thinking. Overtime, in his opinion, is a waste of time. It is wasted effort for the employees and wasted money for the employer. Many studies on working …

The Truth About Bond Funds

If what you KNEW to be true about investing in bonds turned out not to be true, when would you want to know?

Bond funds have historically been some of the safest investment options available to investors.  The great returns we have seen over the past 20 years however, have largely been driven by falling interest rates.   And this has l...

The Truth About Paying Off Your Mortgage

If what you KNEW to be true about paying off your mortgage was not true, when would you want to know?

Coming from European parents, especially my Dutch father, paying off debt was probably the most important financial truth instilled in us at an early age.  You never owed people money.  You always paid your credit card off 100% every month…

The Truth About Life Insurance

If what you KNEW to be true about insurance was not true, when would you want to know?

Most consumers are under the impression that term insurance, like Term 10 or Term 20, costs significantly less than permanent insurance.     But that is like saying renting a house costs less that owing your home.     Sure, your monthly out of pocket may…

The Truth About Your Retirement Tax Bracket

If what you KNEW to be true about your tax bracket in retirement was not true, when would you want to know?

The common financial belief is that you will be in a lower tax bracket in retirement and therefore saving within an RSP structure makes the most sense.  I however believe that in many, actually most, situations this will not be t...

The Truth About Your Retirement Plan

If what you KNEW to be true about your retirement plan was not true, when would you want to know?

What is the number one reason we contribute to retirement plans?    It’s not to save for retirement.  It’s to LOWER THEIR TAXES THIS YEAR.   But this approach can often be a big mistake.  Your goal should be to save taxes over your lifetime … n…

Embarrassing Money

Some serious embarrassing shizza has gone down in my life.

Like the time I walked out of the bathroom in 10th-grade with a “sanitary napkin” stuck to my jeans….

Or the time when the police caught me with a giant spotlight kissing my first boyfriend while trespassing on private property…

Or the time I modeled in the 12th-grade fashion show a w…

The Magic of Compound Interest

Let your money reach it’s full potential with compound interest.

According to Albert Einstein, compound interest is the 8th wonder of the world. Compound interest is interest added to a principle amount, which in turn earns additional interest. To clearly understand compound interest, it is best to contrast it with simple interest. With simple interest you earn …

Building an Emergency Fund

Have you been building an emergency fund?

Ever notice how the rain bothers you most when you’re caught off guard? When you’re wearing a fabulous outfit and your hair looks great. We all know to expect rain, so why don’t we always find ourselves prepared? If you had rain boots, an umbrella and a good attitude, during a storm, the rain could even be fun. It may not be p…

Enjoy Your Dream Vacation Sooner

In the summertime, I was invited to a Rewards Roundtable event hosted by Scotiabank. I enjoyed a delicious vegetarian meal prepared by Celebrity Chef Corbin Tomaszeski, as we discussed everyone’s favourite dinner table topic, rewards.

When it comes to credit cards, there are plenty of reward options out there – cash back, reward points, travel reward, to name a…

Budgeting doesn’t have to be a bad thing

Ah, just the word “budget” can send chills down the spine. Money is tight sometimes and the only solution is to stop spending money and try to find a good budget. Fear not – it doesn’t have to be a bad thing, and there are so many things that can make saving money quite easy.

The first step of establishing a budget is to figure out how much money is coming in – and ho…

Financial Purgatory

In between financial hell and financial heaven, you will find financial purgatory.

I would have to say that this is where a majority of us live, financially speaking – somewhere in between heaven and hell. Somewhere, where you are living out the average, ordinary and normal, which of course is fine if you want to live an ‘ordinary-normal-average’ life.

But don…

The Best Money Saving Tips

Here’s my best money saving tip; know the trade-off!

My best money saving tip when saving for something really big is to break it down into bite sized micro-saving goals and understand the trade-off.

It is very common to get overwhelmed when you are saving for something really big.

It is easy to think that when you are saving for something significant l…

Let your money reach it’s full potential

According to Albert Einstein, compound interest is the 8th wonder of the world. Compound interest is interest added to a principle amount, which in turn earns additional interest. To clearly understand compound interest, it is best to contrast it with simple interest. With simple interest you earn interest on the principle amount only. Taking advantage of compound inte…

If it was free, how much would you get?

Paying for life insurance can sometimes feel like paying for an intangible. In fact, that’s exactly why some people are so hesitant to buy. You’re paying for something that won’t take effect until you can’t take advantage of it. Some forms of insurance however, provide a living benefit as well as providing that essential protection your family needs. In effect, permanent ca...

Serious Wealth

How do you create serious wealth?

Most people were raised to believe that:

Time + Effort = Money

However, I don’t believe that’s how wealth is created. One of my coaches put it this way:

Value + Results = Money

What va...

Equifax Data Breach – What to do?

Earlier this month, Equifax announced a cybersecurity breach involving consumer information impacting 143M U.S. consumers (44% of the population). Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017. The breach stands out not only because of the number of consumers impacted but because of the high degree of sensitivity of…

Freaking Out About Money?

How much time are you spending on freaking out about money?


How many crappy DIY projects, self-done shoddy basement renos, duct tape appliance repairs, online coupon shopping for a pair of designer shoes, pork n’ beans can comparison ad nauseam only to see where you can save a few pennies?

Maybe your money freakouts don’t manifest them...

Frugality 101 for the Non-Frugal

If you are not frugal by nature, it can be very difficult to learn how to decrease the amount of money you spend but it is undoubtedly beneficial. No one really tells you that in adulthood there has to be at least one person who is responsible for making sure you can both eventually retire and live a comfortable life so read carefully if this is neither you nor your one an…

Million Ways to Wealth

I want to let you in on a little secret. There is no magic formula for wealth.

And here we are, no matter what our net worth or bank account is screaming at us, we are always looking outside of us to find this magic formula for ourselves.

And the secret to this whole schmozzle?

The secret is that your acre of diamonds is within you.

It wa…

Retirement Strategies to Implement Now

The 10 Asset and Income Maximizing Retirement Strategies you need to be implementing now.

  1. Paydown versus interest only – enhance lifestyle by spending more of your wealth
  2. Reduce pressure on capital – less capital is needed to produce the same retirement lifestyle
  3. Reduce pressure on withdrawal rates – less reliance on traditional retir…
Before you put a ring on it

I was recently at a networking event when I was introduced to an established and experienced real estate agent.    In conversation I learned that she had just recently closed a big sale and as a reward she gave herself a brand new diamond ring worth over 15K.  Nervously she said, “I shouldn’t even be wearing this now …  I haven’t put insurance on it yet!”

“That’s …

Top 3 Mortgage Mistakes People Make

Your mortgage needs to be much more than just about the rate.   It’s the cornerstone to a strong overall wealth plan.  Yet focusing on rate is the most common mistake I see clients make when looking for a mortgage solution.    Rate is actually the least important factor.

#1 Mistake:   Focusing on Rate

Factors way more imp…

Estate Planning… Benefits of a Will

I can already hear the *sigh*, or imagine the eye rolling that will occur after most people read the title of this article. But… in my opinion, even though Estate Planning is a terribly boring topic, it is extremely important to consider for anyone past their early 20s. 

Benefits of creating a will include the ability to: appoint a guardian for children under 18,...

Your Very Own Day to Day Instruction Manual

As you all know, I’ve been completely transparent with the life modifications that I have decided to embark on recently. 

I wanted to truly express my deepest adoration in this blatantly obvious first person article, about WRITING THINGS DOWN!

With all of these goals that I am trying to undergo all at once, also came chaos! I once again …

The 8 New Fundamental Rules of Retirement Planning

The days when your company pension plan provided you with sufficient guaranteed income for life are long gone.

And if you think contributing to your RSP alone is going to get you there … think again.

Here are the 8 NEW Fundamental Rules of Retirement Planning you need to be aware of and implement into your wealth strategy this y…

Living Within Your Financial Means

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 our finances.

To me it certainly feels like we are being set up for...

TFSA Advantages

Tax Free Saving Account: TFSA contribution room should be maximized by all.

The relatively new TFSA is an account that encourages saving and has tax benefits as well as a designated TFSA contribution room. Any tool that allows for you to keep more money in your own pocket is a good tool!

Every year you have a limited amount of money that you are allowed to...

I feel shame

I Feel Shame

As a wealth strategist I work with individuals and families to improve cash flow and build significantly greater long term wealth.  

The problem is I have been overly focused on one strategy in particular.  Real Estate.   Real estate funds, rental properties, rent to own opportunities, & real estate lending. 

Real esta…

The Hard Conversations

It’s a little nudge. The quiet voice. That something on your to-do list. The thing you know you NEED to do, but you still haven’t done it.

A conversation on “what happens when I’m gone.”

Seems nobody likes to talk about it. We don’t like being faced with our mortality.

It doesn’t bother me. Mostly because I’m completely ready for death – which frees me…

Why it is a Bad Idea to Win the Lottery!

We’ve all sat around with our friends over drinks or dinner and chatted about how amazing it would be if we were to win the lottery of 5, 10 or 15 million dollars. We’ve all thought in detail what we would do with the money, should we win and what fun we would have with our winnings.

The real challenge however, comes when in your heart and soul you are hoping, …

Should you slap your financial advisor?

When an advisor recommends RRPS or 401Ks because you “will be in a lower tax bracket in retirement” I want to slap them.  Their job is to make you wealthier, not poorer.  I want you to be in the highest tax bracket. I want you to pay a lot of taxes. Because I want you to be wealthy in retirement with a high income.  Not poor with a low income. I’m not saying I want you to p...

Best financial decision you’ve ever made

When it comes to being prepared for retirement Canadians are just not feeling it.    Gone are the days when we can rely on our company pension plans to provide a secure and substantial income in our golden years.  We are living longer.   Job security is a thing of the past.    You and only you are ultimately responsibility for your wealth and income in retirement.    …

Financial Planning: Do You See the Big Picture?

Picture yourself owning a new home, starting a business, or retiring comfortably. These are a few of the financial goals that may be important to you, and each one comes with a price tag attached and this is where financial planning comes in handy. 

Financial planning is a process that can help you target your goals by assessing the truth about your whole financial…

Worthy of Receiving

I am LOUSY at receiving. And I’m trying to change that.

Last week, I had a breakdown when I was running. My breakdowns usually happen when I’m running. I don’t know why that is, but I will be running sometimes and break down & cry, sob really. I think running breaks me.

On this particular run, I had finally met my breaking point on this topic of RE…

Why Retirement Plan is Doomed To Fail

When it comes to retirement planning there are really only two approaches:

  1. The Probability Based Plan Approach which uses the Safe Withdrawal Rate OR
  2. The Safety First Plan Approach

The problem with the Probability Based Planning Approach

Probability Based Planning u…

How Many Credit Cards Do You Need?

Let’s get real here, with an article title, how many credit cards do you need, I’m sure you’re looking for a definitive answer.

Well here it is… I think you should have at least two credit cards at any given point in time. Before I go into the details as to why I believe you need two credit cards, let me tell you a little about credit cards in general.


The truth about paying off your mortgage.

Coming from European parents, especially my Dutch father, paying off debt was probably the most important financial truth instilled in us at an early age.  You never owed people money.  You always paid your credit card off 100% every month.    And you worked hard to be mortgage free as soon as possible.         But what if this wasn’t the best advice?  The banks are still e…

DEBT: Good or Bad?

Most people view debt as a four-letter word. We have been conditioned that all debt is a bad thing. We’ve been taught to fear debt. But not all debt is bad. There is such a thing as good debt too. Understanding the difference between bad debt, good debt, and then utilizing good debt to build wealth, is an essential part of attaining financial independence.

If the bor…

DEBT: Good or Bad?

Most people view debt as a four-letter word. We have been conditioned that all debt is a bad thing. We’ve been taught to fear debt. But not all debt is bad. There is such a thing as good debt too. Understanding the difference between bad debt, good debt, and then utilizing good debt to build wealth, is an essential part of attaining financial independence.

If the bor…

DEBT: Good or Bad?

Most people view debt as a four-letter word. We have been conditioned that all debt is a bad thing. We’ve been taught to fear debt. But not all debt is bad. There is such a thing as good debt too. Understanding the difference between bad debt, good debt, and then utilizing good debt to build wealth, is an essential part of attaining financial independence.

If the bor…

How many legs does your chair have?

How many ways are you making money? For most people, the answer will be one. If you are like most people…we need to have a serious talk.

I want you to think about your life and everything in it. Family, friends, home, car, insurance, entertainment, vacation, etc. Now I want you to imagine that you are juggling all those things and you are sitting on a chair with on…

The Most Important Financial Experts You Need

Prefer to watch the video? CLICK HERE!

To make sure that your finances are well looked after and you don’t make mistakes that you will regret later, it is advisable to get assistance from experts in the field. Don’t think that you need to specialize and manage it all your…

Making The Impossible Possible

Life doesn’t go as planned.

I sit down to write this week’s blog and just got a bleeding nose. So here’s to typing with one hand, which will make me crazy! I haven’t had a bleeding nose in years! This is random and so perfectly perfect for what I wanted to say to you today.

Last week, I told a group of women that financial planning was total bullsh*t!


Redefining Debt

I want to play devil’s advocate for a minute.

Who decided that debt was “bad”?

I mean, really, who came around and one day labeled debt as bad or good?

Isn’t debt just a circumstance? Isn’t it just a fact?

Aren’t we the ones adding in the emotions, the thoughts, the feelings to our debt – or to others debt?

Why is debt so “bad” ...

Pay $69 to get $900 in Free Flights – Southwest CC

Just today I applied and got approved for a new credit card: the Southwest Rapid Rewards Plus

If you do not currently have the Southwest Rapid Rewards credit card AND if you fly on Southwest… I strongly suggest you consider applying for the card right now for several reasons:

  • For a limited time, Southwest is offering 6…
How many months worth of savings do you have?

Do you know that the average person has only approximately 3 months worth of income saved in the bank!

How much do you have saved & how long could you live for if your income stopped coming in?

It’s a VERY scary thought!!

Creating several income streams is one of the wisest choices in todays, less than secure, economy. One of the fastest growing so…

Six Easy Tips To Have More Money

Prefer to watch the video? Click Here!

Life has so many competing financial requirements and many of us could benefit from a little extra money.

Whether you have an extra $100 a month or $100 a week, it can make a really big difference to your finances and to your lifestyle. The two ma...

Five Ways To Cut Costs On Your Next Vacation

It’s finally here. Happy first official day of summer! What are your summer vacation plans? 

Last year, it was reported that fewer Americans planned to take a summer vacation, but those that did expected to spend an average of $1,800 for the trip, racking up charges on their credit cards.

Family vacations over the summer are a wonderful time to break up the ro…

Earn 5% cash-back on Food and Phone Bills JUL-SEP!

A new calendar quarter means new categories for earning free cash-back from your Credit Cards! Let’s check-in to see what the Credit Card Cash-back Reward programs I have previously discussed will be offering during Q3 2017.

These are the cards that I will be focusing on in Q3 2017 (July through September):

Discovering Your Financial Values

Do you wander? Do you ever go exploring? I mean seriously?

Do you ever engage your heart with wild crazy adventures?

Yesterday I did.

I was meeting a client a couple hours out of town and on the way home, I decided to go exploring. So, I will often just drive down random roads and see where they lead.

I found a town I had never been in befo…

What to Consider When Choosing a Mortgage

Most often, when we are looking to get a mortgage or a renew a mortgage, our biggest concern is the interest rate.

While the interest rate does determine how large your payments are and the cost of borrowing the money for your property, there are several other important factors to consider that can have a significant impact on your costs associated with the mortgage….

Save money on everyday essentials with Jet!

Today’s money saving tip is a website that I have been using for the past year, called Jet (

From Jet’s website:Jet is a shopping site dedicated to saving you more money. Everyday low prices are just the start, because our real-time savi…

Money & Spirituality

Here’s something that I’ve really been struggling with over the last few years, trying to make sense out of.


That sounds pretty funny right, because well, I do “MONEY” all day long.

And, well, spirituality, is me in a nutshell. I CRAVE meaning (or making my own meaning – as we all do…), and deep connections with all living thi…

Spring Cleaning Your Finances

Many studies have reported Spring is the favorite season for most people. It’s a time were nature is waking up from it’s long winters nap. We too are awakening ourselves and saying we are ready for something new. During this season many people take time to do some spring cleaning. They focus on getting their home in order, cleaning and dusting, going through closets and pu…

Are You Pre-Approved?

Let’s face it. The real estate market is hot. Even with the more recent changes to lending policies and the announcements regarding the measures to slow the market, there is still a lot of activity – especially in certain markets.

If you are looking for a property – whether it’s your first home or your 10th – it’s important to understand what your financing will lo...

Gifts of Money for Grandchildren

Listen up my beautiful Grandmas (& Grandpas)!

Okay, so let’s talk about your smart, amazing, perfect grandchildren. You’ve come to love them, so much, in fact, that you may like them even more than your own children.

So naturally, you want to bless them with money!

Before you do, however, you really need to read this, and think through some of these ...

Savvy Shopping

Savvy Shopping

Best deals for April and May

The following items are at the lowest price during April and May. Get  your shopping list and get ready to save tons of money.



   Candy, baskets, and spring decorations on clearance after Easter

                  Computers …

Are You On Track To Become A Millionaire?

Ever wonder, when do I get to be a millionaire? Well if you’re in your 20s or 30s, have a decent degree, a good job with a good income, and you’re budgeting, saving and investing, you’re well on your way!

In actuality, becoming a millionaire is not that far way. By that I mean that we are actually on track to getting there.

Thomas Corley, the auth…

CC Reward Update: New 5% Cash-back Categories!

I am posting this as an update to my previous article, titled “How I made $1,500+ with Credit Card Cash Back!”. Let’s check-in to see what the Credit Card Cash-back Reward programs I discussed will be offering during Q2 2017.

These are the cards that I will personally be focusing on in Q2 2017 (April through June):…

Rebuilding Credit Can Be Easier Than You Think

Does the prospect of attempting to rebuild credit after you’ve had a financial catastrophe or filed bankruptcy seem overwhelming to you? Well, there is hope and a light at the end of the tunnel. There is no shortage of strategies to rebuild credit that all work, in some form to achieve the desired effect.

Establishing new, positive lines of credit is the most effect…

Money – Where did it go?

“It’s a gas… Grab that cash with both hands and make a stash….” Now reread the tune to Pink Floyd’s song Money. If only saying those words would magically grow a money tree! 

It is that time of year when we all take a little stock or analyze our financial situation. Bills from Christmas have come and gone, and tax season is upon us.

Everyone seems to …

How To Overcome The Fear Of Investing

I often hear from people who tell me that they’ve got money saved and that they’re thinking about investing but they’re really nervous to start the process and they have a fear of investing.

There are three main reasons why people fear investing:

1.You are afraid because they don’t want to lose their money

I have a ...

New Home and Tax Time


You bought your first home in 2016 and have been having fun settling in – taking time to paint, decorate and generally making this house you bought your home. 

And now it’s tax time!!  

Here are a couple of items to make sure you check with an accountant on when you are submitting your taxes.

First-time Hom...

Seven Steps To Get Rid Of Debt Quickly

Before learning about how to get rid of debt, it’s important to be aware of what got you into debt in the first place. Taking into account of how you got into debt can help ensure that it doesn’t happen again.

Your debt like accumulated from spending money, whether necessary or not, on items, services or experiences which you could not afford and so you landed up ...

4 Things I’m SUPER Passionate About

Things I’m passionate about:

  1. Shoes
  2. Chocolate
  3. Shopping
  4. Wine

But here are the 4 things I’m SUPER passionate about, that aren’t totally self-serving, although make no mistake, I will always love my shoes and shoe closet!

I’m so passionate about these things because I feel they are my life’s wor...

Why Good Vs. Bad Debt Matters

I’m sure you’ve heard of good debt and bad debt but the question is, do you really know the difference, and why does it even matter?

Let’s first talk about debt in general. This is when you borrow money and you have to pay interest. This is the fee you that you’re paying for the right to borrow that money for a duration of time.

Whether y…

Mobile App to help Max your Credit Card Rewards!

Today’s money saving tip: using the Wallaby app available on iPhone and Google devices.

Yet another completely free mobile app that can help you earn FREE money! I have written several articles about earning free cash back through the use of no-fee credit cards. As you might be able to tell, I have many credit cards that I rotate through every quarter – I will c…

Save Big!

Who doesn’t like to save money? Perhaps you feel a “high” when getting a bargain; or just need to stretch your dollars. Wouldn’t it be cool to save money when you shop? In this article I talk about how you can get more for less when shopping using apps.

Savings on Groceries – The app SavingStar helps you save money at the grocery store…

The Debt / Saving-Investing Relationship Model

Have I got your attention yet?

I’ve been asked this question numerous times throughout my career, and then 5 times this week alone!


or better yet,


or any variation on that question.

I have a DAMN good answer to th…

Self-Worth & Net Worth

It’s the craziest thing! SELF-WORTH and NET WORTH usually go hand-in-hand. It’s simple. It’s because the people who have self-worth and self-love attract money to themselves.

You love yourself, you feel you deserve money (and you do – everyone does) and when you are CERTAIN, money flows to you. Money loves certainty. Money is attracted to people who are certain, no…

Talking About Money While Dating

You probably know that almost half of all marriages in both Canada and the US end in divorce and finances is cited as a major cause contributing to these marital break-ups.

People often feel it is taboo to discuss money issues and find it easier to ignore the topic altogether. It is really important in any relationship to be on the same page as your partner when …

The Recipe for Wealth

Want to know the recipe for Wealth?


It’s really not a secret, yet most of us think that wealth is just this elusive thing we will never obtain or feel we are not worth.

And you are right, if you feel you aren’t worth it, wealth will run from you.

Self-Worth and Wealth go hand in hand. (Have you ever met a billionaire with low s...

How to Find the Cheapest Gas in the US and Canada!

You might have already heard about, or are currently using today’s money saving tip: GasBuddy.

But if you own a car and have never heard about GasBuddy, I would seriously suggest taking a look. I have personally been using the GasBuddy app on my iPhone for the past few years.  There is also an Android app as well ...

Relationships and Money

Money and Relationship                  Article 2 of 2


You followed the guidelines from the first article.

1.    You got on the same page

2.    You shared ownership for your financial future

3.    You started a possibility account

What is next…  

 Set an expense amount – $50. $100. Or $500 over which you both agree to t...

How To Get Free Money From Your Employer

The real questions are, what is “free money”? How do matching programs work? How do you find out if your company offers a matching program and do you know the constraints around the issue? How do you find out if this is a benefit you can tap into?

Let me start with why matching programs are often referred to as “free money”. When you make a contribution to your…

The Secret to Money & Love!

Wanna know how to totally wreck a good love vibe?!

Bring up the conversation about MONEY!

In most relationships, this is a TOTAL BUZZ-KILL!

Why is that? Simple.

You have 2 different people who come from 2 different families who are of different beliefs, different money experiences, different cultures, different reli...

Should You Get A Roommate To Save Money?

Would having a roommate help you on your journey to becoming Financially Fabulous? Well, being Financially Fabulous also implies that you’re feeling great about your life. Getting a roommate will either help you on your way or be a complete disaster. While you want to feel great about your financial choices, choosing the right person is vital to your peace of mi…

Want Money to Flow?

This week a woman, whom I had never met before, came up to me and said,

“I heard from a friend that you are a brilliant financial planner, but I have one. They told me they were good too and then they took my portfolio for a bad ride!”

OKAY, so this is what happens EVERY TIME I tell someone what I do for a living (or in this case, b...

Tax Season or Open Season on Your Identity?

Millions of Americans will not get their tax refunds this year — not because they don’t deserve them, but because identity thieves will have already filed tax returns under their names. Did you know all a scammer needs to steal your identity and your tax refund is your name and your Social Security Number? Did you know you could spend 5-8 months fighting the IRS over…

Plan for the Inevitable but Expect Surprises


The cause of death shown on Sandra Jones’ death certificate was chronic obstructive pulmonary disease (COPD). But Sandra, age 70, never had COPD. The real cause of her death was congestive heart failure. 

So at this point, what difference did it make? Dead is dead. But in Sandra’s case, an accurate determinatio…

How To Curb Spending Indulgence

Should you be spending money on treating yourself?

I’m going to venture to say that as you have chosen to read this article, it is quite likely that you do spend money on treating yourself and possibly a little too much!

We all want to live fabulous lives, and of course that includes me; but when we are evaluating the state of our finances…

How to save money via discounted gift cards!

Today’s money saving tip is something I recently discovered and used for the first time. It deals with buying gift cards to businesses that you frequently shop at… but at a discount to the face value!

The site I use is called Raise (their website is simply From the web…

Appreciate Your Assets

You want to know how to appreciate & grow your assets?!

This is how.

It all starts with gratitude and thanksgiving for all that you have. When you are truly grateful for the gifts you’ve been given, physically, spiritually, intellectually, monetary, and that resonates with you at a soul level, then that will begin to show in your life around y...

An Overlooked Tool

So here we are at the end of January. Things are starting to settle after the hustle and bustle of the holidays. The days are getting longer, the sun – when it decides to show up –  is getting warmer – though the air is still cold. As we pass through the holiday season, the next “season” on the horizon is tax season.

From a financial point of view, we often thi…

How to Avoid the Most Common Mistakes of a TFSA

Avoid making common mistakes with your TFSA!

TFSA is Tax Free Savings account. It was an account which the Canadian government introduced back in 2009. It’s a great opportunity for us to invest money for the short term or long term and not have to pay tax on the capital gains. As many people find the TFSA accounts to be confusing, Here are four things that you sho...

Easy Steps To Deposit Cheques On Your Phone

It is actually really simple and easy to deposit cheques from your smart-phone.

I’m a little embarrassed to say that I’ve just discovered this functionality, but there is no time like the present. I’ve know about this for a long time, but don’t get cheques too often.

You may not get cheques very often but if your distant relative s...

Setting Your Goals for the New Year

Happy New Year! The ball has dropped… it’s 2017. Hopefully we’ve all enjoyed the holidays and now we’re back and it’s time for a better you in the New Year.

I’m sure many of you have spent time over the holidays thinking about what your New Year’s resolutions are going to be.

Did you decide to get up extra early to pack your own lunch every day in…

Savvy Shopping

   When You Can Get The Best Deals

Now is the perfect time to make a list of the things you will need/want and see when is the best time to get them.

I keep this magical list on my phone and one in my office.

This is a great opportunity to create a support system find an accountability partner (AP). I like to have a group of 3 so that you will always …

The art of saving money… correctly!

This article is a significantly condensed version of a lesson in my book “The Secrets of Wealth.” It describes a method of saving significant amounts of money even if you are living paycheck to paycheck. This can work for anyone, regardless of means.

The technique is very simple and I will explain why it works in a bit. What you must do is to add a bill t…

CC Reward Update: Earn 5-10% on Gas & Cabs Jan-Mar

I am posting this as an update to my 10/4/16 article, titled “How I made $1,500+ with Credit Card Cash Back!”. Now that Q4 of 2016 is coming to a close, the Credit Card Reward programs I discussed will be changing in January and rolling over to new Cash-back categories.

These are the cards that I will be focusing on in Q1 2017 (January through Marc…

Year End Reflections

Well, we’ve made it to the end of another year. If there is one constant, it is that things change. I sometimes think we are in a constant state of flux. Wanting to embark on a new journey, or we’re preparing to start that new journey. Do we ever take enough time to stop and appreciate the journey that we’re already on?

I think everybody should take a minute, st…

Savers are Losers

I’m going to speak from the heart today. I may upset a few people, but I feel that this subject is something that people really need to understand. I hear so many people talk about how important it is to save their money. This is ridiculous advice. In order to better understand why this is terrible advice, we may need a little history lesson.

In 1971, Nixon took the…

The Importance Of Financial Increase

Let’s face it, pursuing your goals and dreams requires money.

I believe that we are given dreams in order to inspire us to achieve more and strive for more. Our dreams are rooted in the deepest crevices of our hearts yearning to be released. One of the saddest things I’ve ever witnessed is a person who gave up on their dreams and lived to regret it. I belie…

5 Secrets Banks Won’t Tell You!


I’ve contemplated writing this for months now! Let’s be real – who am I to tell the Banks where to go and expose their hidden secrets? I mean, let’s be honest now, it feels like sometimes they own me, and all the money in my accounts. I’m sure they got to you too – unless you actually live off the gr…

How to Stop Living Paycheck to Paycheck

Living paycheck-to-paycheck is much more common than you might think!

Living paycheck to paycheck, and struggling to get by month after month happens to many more people than we likely realize.

Earlier this year the Financial Post …

Hate Your Work and Thinking of Quitting Your Job

So you’re thinking about Quitting Your Job!

The question as to how to quit your job seems to come up very often. So many people I know are unhappy in their job situation, whether it is a boss they don’t get along with or just the kind of work they are doing. Many have considered going out on their own as opposed to working for yet another boss.

The q…

Sale Does Not Equal a Good Deal

Sale Sale Sale


Most people like a sale, however, when is an item on sale not a good deal.

Getting an item on sale is a GREAT value if the item is something you had been wanting or is something you need.

Scenario 1;  The thing you had been wanting finally went on sale and is too good of a deal to pass up.  You put it on your credit card....

How to NOT Overspend on Holiday Gifts

While you’re likely excited for the upcoming holidays, don’t let your holiday gifts spending give you a spending hangover in the new year.

In a recent Rubicon Project study, which specializes in online adver...

It’s on Sale… Should I Buy It?

How many times have one of your girlfriend’s called you and said, “OMG, it’s finally on sale! Should I buy it? It happens to me all the time!

 When you’ve been wanting to buy something for a long time and it’s now on sale and you’re going to be able to keep some extra money in your pocket by buying it now rather than after…

Should You Lend Money To A Friend?

Should you lend money to friends?

Hmm… this is a tough question. My answer is definitely yes! And absolutely not! Confusing right? Well read on…

I’ve personally lent money to friends more than a handful of times and all but once did I actually get the money back. Each situation is different and requires ca…

Are You Teaching Your Kids To Be Poor?

Original article by Thomas C. Corley

I’ve been advising wealthy individuals for more than 30 years at my job as a CPA. Plus, I spent five years studying the money habits of the rich and the poor in my Rich Habits Study.

When I travel the country sp…

Why You Should STOP Saving Money!

Although one of my mantras is that you should be saving money, I need to be clear that saving is not the be-all and end-all of life.

Your financial goal should not be to get as much money as possible, stuffed away under your mattress or in your bank account.

I do think that saving is a good idea, but not to be taken to such an extreme that it gets in the w…

Should You Steal From Your Future To Enjoy Today?

If you’ve been thinking about raiding your retirement savings to finance an adventure, pay for a luxury item you’ve been wanting, or to be able to fund your life while you make a career change, you’re not alone.

When you have an account that you’ve been contributing to for years which now has a sizeable amount of money, it can be tempting to cash in these fu…

Wanna Quit Your Job? Get your Finances Ready!

It seems to be very trendy these days to quit your day job and pursue your dreams and if you’re seriously considering it, here are my top four financial tips BEFORE you leave your 9 – 5.

  1. Know how you’re going to make money for the next 6 months.
  • As much as you dislike your job, boss, colleagues etc. you have to realiz…
3 Tips to Save Your Marriage From Financial Ruin

Money isn’t everything, but so much of our lives depends on money. Our homes, our food, our lifestyles, that sadly is it not surprising that finances are often cited as a reason why couples’ relationships end.

A recent CIBC survey suggests that nearly all couples believe it’s important to have a serious joint discussion about finances before getting hitched or movi...

5 Reason Why I Negotiate Everything!

Just the thought of negotiating can cause a great deal of anxiety and ill feelings. There’s a good chance that as soon as your eyes saw the word negotiation, you probably started feeling uneasy. But it doesn’t have to be this way. In fact, negotiating can be one of your most powerful tools when it comes to managing your money.

Here are the five reasons I’ve faced …

Should You Have a Side Hustle?

I’m a huge believer in having multiple streams of income, regardless of whether you have a high paying job that you really enjoy. The truth is that most of us could benefit from having more funds, whether we want to enjoy new experiences with friends and/or loved ones, we want a little more free-time or just want to be able to help our favourite charitie…

Overwhelmed by debt and considering bankruptcy?

Bankruptcy might feel like a fairly simple solution, but actually it is definitely not! Going through bankruptcy has a lasting impact on many areas of your life.

Extreme amounts of debt may be something that people of all walks of life get into. The scary part, is that most people do not fit the mold that would come to mind of someone who is in …

Tips to Control Your Spending

Keeping your spending under control is critical to having success with your personal finances.

Here are five tips to help you keep your spending under control:

Tip # 1.  Know how much you earn on a monthly basis. I know this sounds basic, but many of us don’t know exactly how much ends up in our bank account after tax. If you know how much y…

My Best Financial Decision: Selling My Car

Cutting my transportation costs is one of the best financial decisions I’ve ever made!

Ok, let’s talk about transportation costs. According to Stats Canada numbers updated in 2016, the average household spends about $80,000 in expenses and 15% of that is on transportation. This works out to be about almost $12,000 a year on transportation.

What is even more int…

What Is Inflation And Why Should You Care?

If you’ve ever wondered why things get more expensive, you’ll be interested to learn about inflation.

Inflation is the general and ongoing increase in the price of both goods and services. It’s why things get more expensive over the years.

It’s like when your grandma says, “When I was your age, going to the movies cost just a few dollars”. It’s hard to be…

Avoid a Financial Scam

Identifying and avoiding a financial scam is the best way to keep your money and identity protected.

These days, scammers and hackers are pretty sophisticated and can very easily disguise themselves as your bank or credit card company.

Just the other day, I answered an unrecognizable number on my cell phone to discover it was my credit ca…

Organizing Your Monthly Online Bill Payment

A bill payment system can save you so much time and unnecessary stress!

One of the problems we have when, dealing with all our bills, is that we spend so much time worrying about them. Thinking whether to pay this bill or that bill. Wondering how much do I owe? Am I late in making my bill payment? When is that payment due?

So let’s get a system down, to remove …

What is the Stock Market?

If you’re not exactly sure about the workings of the stock market, you’ve come to the right place.

The stock market is the market where the shares of publicly traded companies are issued and traded through exchanges. This market is also called the equity market. Through the stock market, companies acquire funds (capital) in exchange for small pieces of the company cal…

Doubling Your Income with The Rule of 72

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 of the reasons I love this little formula, is because it helps you think abo…

What to Ask When Interviewing a Financial Planner

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 know how to choose a planner to see if they are a good fit for you...

Is Lifestyle Creep Impacting Your Financial Future

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 you don’t own a car?” I was just about to suggest she rent it out, when she chimed in…

“Buy a car! Of course.”

My friend li…

Sending Money Using Email

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 if you’ve been curious about how to email money and haven’t mastered it yet, …

Getting Into The Housing Market… Rental Property

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 a house now for the first time. 

Real estate prices have soared in the past few years ...

Stop Over Complicating Your Money

So many people don’t take control of their finances because it can feel so complicated that people don’t know where to start. 

Well I’m here to tell you, that it doesn’t have to be overwhelming, take a deep breath.

There are actually only three ways that money flows.

  1. Money coming into your accounts – INCOME
  2. Money expanding withi...
Quality of Life AND Money

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 and quite possibly the quality of our life in the future.

Now, you should...

Making Only The Minimum Payment

There are some areas in life where you can get by just fine by doing only the minimum or putting in the least effort required. For example, if your clothes end up on a chair at the end of the day rather than in your closet or if you need, but don’t get a pedicure all winter long, there will be no major consequences…life will go on!

When it comes to paying…