Monthly Archives: June 2016

Learn What Being Happier Can Mean To Your Future And Life


How can you increase your overall life satisfaction? Simply put, it isn’t through earning more money, though so many believe this to be the solution. You’ve heard all of the stories. Money does not buy happiness, and this really is true, more than most people realize. However, faceless money can really make you feel satisfied, but not too many know what this is–so what does it imply? If you have money to donate to charities, then do it! There is nothing more fulfilling than knowing you make a difference in someone else’s life. Remember, this is if you do have the excess money. Now, what else can you do to help maintain a healthy, happy, wholesome life and feel complete? That is what we are going to talk about here.

Finding Ways To Be Happier and Healthier In Life

As mentioned, happiness is what makes life complete, and when you’re happy everything falls into place. You minimize money worries and you stop worrying about having enough. You’ll find that when you let all of the negativity go you can appreciate what you have and how you can maintain it. If you can remember that it isn’t about what you “don’t have” but about what you “do have” then you’ll achieve a higher level of life satisfaction Below you’ll find some tips we’ve listed which will help you discover what it is that really makes you happy. Surprisingly, money is the least of these things.


  1. Imagine what it would be like if you spent money on experiences in life, versus just spending money on materialistic items. Memories are everything to life, and one beautiful experience is worth a lifetime of happiness!
  2. Don’t you think you’re health is important? Don’t you think you’re worth investing in? It is amazing how you’ll feel when you begin to pay more attention to yourself and your health needs. Health and happiness do come hand and hand! Take better care of yourself and stay on top of what your body is trying to tell you
  3. Why not tidy up your life and simplify things? The simpler the better, then the less you’ll have to worry about! Itemize expenses into categories, the same as bills. Separate the wants from the necessities. This will help you stay focused and keep your mind on those things you find much more fulfilling!
  4. How about scheduling a date to go over your money issues, including bills and spending habits. When you establish a plan of action like this, you don’t need to sit day after day and worry about all the money woes. If you have a partner you both can go over your bills and begin financial planning together. 
  5. Finally make goals and focus on the positive, not the negative. Negative thoughts can suck the energy right out of you, but positivism can blossom new ideas and improve your potential for acquiring financial gains.

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If you do follow just a few of these tips you’ll see how much better you’ll feel. Too many Canadians live day to day, boggled down by money worry and fear of the future when they don’t have to. Establish the proper goals through financial planning and you’ll be taking the right steps to a healthier, happier more wholesome life!


What Money Lessons Have You Learned From Dear Old Dad?


Father’s Day is right around the corner so it only made sense to talk about the impact father’s have had in their children’s lives, specifically in how they have learned to manage money.  Now, fact, we learn a great deal from our parents and those closet to us, some good, some practical and some not so much. When it comes to finances, dad is often the key character most young adults have paid the closest attention to. Why?  Because father’s are the central providers of a family and carrying on that kind of ability really does mean something for today’s young adults.

We do feel it only fair to say many money lessons most of us have learned have stemmed from both mom and dad’s blunders and successes, right? Yes that is probably a fair analogy–but with Father’s Day approaching, it’s just nice to point to dear Dad to give him some rightful praise. Now, the majority of Canadian parents are more than aware that financial education is sorely lacking in the educational system, which is why many take it upon themselves to teach their kids the value of money.

Now, for those good old fathers who are from the Great Depression–you’ve probably had a great deal to teach your children, and hopefully it has paid off!  Let’s take a look now at some treasured and timeless financial tips passed on from generation to generation to ensure financial stability for a lifetime!

Financial Learning Tips From Fathers Who Lived Through The Great Depression

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Yes, you’re one of the lucky ones if you’ve been raised by a father who lived through this era.  Managing money was certainly critical day to day then, and it is just as critical now.  You’ll be amazed at how some of these tips really make practical sense and aren’t difficult to follow either.  So, let’s get started:

  1. Don’t waste or throw away good money–So, what does this really mean?  Exactly what it says.  You do get what you pay for.  If you buy cheap, or invest in something too good to be true, then you’re throwing away good money and it just isn’t practical.  Invest in something with value for the long-term, not just because it’s on sale.  The same philosophy applies to stocks and other investments.
  2. Become more self-reliant and think practical–Yes, being self-taught on a number of things can help you save money for the long-term.  From cleaning your own gutters to changing your car’s oil, to building your own home porch–it’s all about self reliance.  You can become empowered and stay ahead!
  3. Remember those little expenses add up–It might not seem like a big deal to get that Starbucks latte a couple times a week, or that artisan deli sandwich, but these little things add up quickly. If you’re constantly wondering where your money is going, it’s time to plug those holes. Even extra visits to the convenience store for gum or other non-essentials can suck money from your wallet.
  4. Saving and maximizing income are both important–There is too much thought that goes into making more money versus saving more money.  Both are extremely important. However, more need to plan for their future and start that nest egg for retirement.
  5. Keep a penny cent collection–Saving your change is a great way of getting in the habit to save. You’ll be amazed at what you might have put away at the end of a month. This doesn’t mean take out the coins either, but continue adding to them. At the end of the year you might have a record savings, something you never thought you might do, but under good old dad’s advisement–you’ll find you can!
  6. An income increase should not mean you spend more–Forget about keeping up with the Jones’s. This is the problem in this country. Don’t let you income increase give you an excuse to spend more than before. Save that extra money from that raise like your dad before you did and you’ll see how much easier getting what you want really becomes–without going into debt!

We hope Father’s everywhere enjoy today’s celebration and remember what they’ve been taught by their Father’s before them. You can achieve financial freedom and have life security when you follow timeless tips that work! It might seem hard, but adaption is natural. Happy Father’s Day!

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Money Saving Tips For Those Living On $14,000 Per Year


If you think you can’t budget on $14,000 a year, think again.  There are many ways you can make this kind of money work for you.  Of course, it isn’t going to be possible for a family of 5 or more (and 4 would be stretching it) but it is possible for a two to three people.  If you use your head and plan financially for everything, this is one method that you’ll be thankful for.  When you think that you simply can’t take any more financial pressure, or stretch your budget any thinner, sometimes there is just no other option.

This does take transforming your entire life, and it takes time.  It takes time to move away from bad past habits and adjust to a slimmer budget.  If you find that you’re constantly dipping into your savings account, or you are consistently going into overdraft within your checking account–it’s time to pull in the reigns.  This is especially true if you are still finding yourself late paying bills.  The following ideas and tips below just might help Canadians recover from burdening debt and achieve a brighter financial future.

The Perfect Tips To Save More Money

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  1.  Record every expense, because this will detail where every single penny is going.  You’ll then be able to see more clearly where you might be wasteful.  You can choose whatever works best for you, but most use a spreadsheet to keep track.  Tracking your spending is one of the best ways to manage your finances and to keep up with what you’re buying, even when you might forget!
  2. Be prepared to downsize anywhere you can.  It doesn’t matter if this is cutting back on cable, or not eating out. Some Canadian families are more prepared to trade in their expensive SUV and settle for a moderate sedan.  If you’re spending too much on a car payment, you want to do something about it!
  3. Stop going shopping and buying needless things.  That’s exactly right.  You don’t need to go shopping that much, and you certainly don’t need all those things you find on clearance either.  If you’re really intent on making a dent in debt and building a savings, end the sales shopping!
  4. Shop at thrift stores, and begin making some of your own clothing.  Anyone can learn how to sew, and after a few tutorials you’ll be amazed at what you can whip out.  You can purchase high quality material that will make amazing outfits–cheaper than purchasing an already made item.  Hunting around at thrift stores will bring excellent savings too!
  5. Downgrade on disposable items efficiently and successfully! Fancy toothbrushes and all those other non-essential gadgets might be nice to have, but you’re wasting a ton of money purchasing them.  You simply don’t need the most expensive hand-soap, bath-soap or mouthwash.  Think sensibly!

Hopefully you’ll begin to start harnessing some of your poor spending habits and making  changes that will ensure you can one day pay cash for a:

House, Automobile, Vacation and more!  

Wouldn’t that be so much smarter? You can do it when you commit, as we discussed in one of our past blogs on saving and investing wisely!


Discover How You Can Stop Worrying About Money Today


Many of us worry about money for no specific reason at all–and in fact, most general worrying is quite normal. However, constantly worrying about paying bills, buying groceries, having enough money to make it, etc; this is not natural.  While so many Canadians do have pause for concern with their finances, there is a way to find a balance and avoid this taking a negative toll on your health, or within your relationships.  This is the good news.  The bad news is that it takes time.  Understanding why you worry and finding a solution isn’t always easy.  It is a process.  You should begin by simply asking yourself some general questions such as: ‘Why do you worry about money and what can you do about it?’  You might find that listing your worries on paper puts everything into better perspective for you.  So, do you know how to identify the signs of excessive worrying about money?

The Signs You’re Worrying Too Much About Money And What You Can Do About It

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Canadian cash

Stress and anxiety are two of the more common signs of excessive worrying, whether this be in regards to money, living situation or simply paying your bills in general.  There are many Canadians with the common complaint of “insomnia” when they constantly worry about money issues.  Now, if you can find a way to reduce your stress then you can begin dealing with financial problems in a more pragmatic way.  Makes sense, right?  Some choose to add a form of exercise to their life, while others enter into a program of meditation and soul searching to minimize anxiety and stress.

Now, we do want to tell you right now, burying your head in the sand and remaining in denial about money issues is not going to resolve your anxiety or minimize your stress.  You have to be ready to face your fears and seek solutions. Once you are ready to approach your problems in this way you’ll be more able to do something about it.  It is far better than walking around keeping your worry bottled up inside of you. Seeking advice from credit counselors, or even, financial professionals might put you more at ease too.

Yet another thing Canadians can do to ease their financial woes and concerns is to stop spending so much time reading articles or listening to broadcasts about the economy.  This can put a real damper on you, and believe it or not, this is one of the primary causes of stress for a majority of folks.  When you hear about job loss, income division, housing bubbles etc; this doesn’t make anyone feel confident at all. So, we recommend turning it off.  Do something positive, versus constantly hearing about economic difficulties.

It’s time to stop worrying and really start living your life in a more productive way.  Everyone wants to be healthy, happy and have a long-life, but you won’t do that if you don’t quell your stress about finances now.  So, try establishing these remaining healthy habits listed below and see where it leads you.  Remember, you have to be ready to diligent, patient and committed to transforming your financial portfolio and your life!

The Canadian flag flies outside the Bank of Canada building in Ottawa, Ontario, Canada, on Wednesday, Oct. 23, 2013. Bank of Canada Governor Stephen Poloz surprised investors by dropping language about the need for future interest rate increases that had been in place for more than a year, citing greater slack in the economy, while keeping his main policy rate unchanged. Photographer: Patrick Doyle/Bloomberg via Getty Images

Start a spending tracker and keep up with every little expense, no matter how small it is.

Plan a monthly budget around your earnings, and always pay yourself first.

Look for the leaks in your budget and work to patch those.

Find joy and happiness in the less expensive things in life, then watch your money grow.

Don’t avoid discussing your fears and concerns with your significant other,and devise a plan together!


Saving Or Investing: What Is Right For Canadians?


You have to weigh what is going to give you the best return for your financial future.  If you have a great job, good benefits, and an excess in funds, perhaps investing some of that excess is right for you.  However, if you work a traditional job and have very little left over after bills and other necessities–saving that extra might be the smarter choice.  60% of Canadians appear to be saving more for their retirement, in comparison to others who are choosing investing.  Remember though, some Canadians don’t have enough money left over to do much of anything with, but this can be changed too.

BlackRock, a well known global investor recently polled 2000 Canadians and 52% of those saving for retirement were between 25 to 34 years of age.  Older Canadians are saving for retirement as well, but out of these groups, none are really saving wisely, or seriously weighing in on investment plans.  When it comes to investing, it seems that a lack of investment knowledge is the problem.

Below, you’ll find various considerations to make when it comes down to choosing to save or invest.  It is important to point out that age is one of the primary reasons for so many Canadians not going the investment route.  It is seen as too risky.  However, if you invest in what you know, what you’ve researched, and what seems almost certain to give you a return–you’ll find this is the wise decision!  The below tips will possibly help you find some solid footing when you’re debating what is right for you.

Tips To Help Canadians Make The Right Financial Choice

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  1.  A middle-class Canadian couple should begin by crunching their numbers and determining what it is they are going to need to have a comfortable retirement.  If they are already in the income bracket of $42,000 to $72,000 should easily be able to invest and still have a nice nest egg for retirement at the same time.  So, again, beginning to analyze finances is the first tip that should dramatically make a difference.
  2. Weigh in on low interest rates and consider inflation!  These are critical key factors when you’re trying to choose between saving and investing.  What is going to give you the better return, and what is going to secure your retirement comfortably?
  3. You do need to consult with a financial adviser if you’re not meeting your target goals!  Too many think it would be a waste of time, but the fact is only 38% of Canadians utilize a financial adviser, which is a huge mistake.  This is especially true when looking at the economic disappointments so many feel burdened by.
  4. Pay attention to your personal economy!  This is often overlooked–more to the point, commonly overlooked. The economy can tell you a lot about what direction to go in financially.  So, think about your job, your earnings and where you want to be in 20 years!