Whoever said money can’t buy happiness has never been truly poor. The jury is still out on whether the happiness that comes from money stops at a certain point or if it’s an infinite correlation, but there’s one thing you don’t need a study to tell you: Being broke is depressing. Here’s the rub: In order to stop being broke, you need to stay optimistic and motivated. But how? A great first step is to read stories about successful people who experienced similar hardships. Many CEOs started from nothing, tinkering on passion projects in their garages, only able to afford food by working dead-end ..read more

With the holiday season coming fast, money is on everyone’s mind. We would love to be able to tell you all that we’re independently wealthy and don’t have to worry about a cent, but that is not the case. We have to think about every penny we spend on travel and we want to share our tips and tricks to making your future travels more affordable. So even though you have to watch your wallet for Christmas, that doesn’t mean you still can’t enjoy some of the finer things in  life. Just follow these budget savings tips and you’ll be able to travel more for less! 1 – Choose The Right Destination ..read more

It may seem easy to put off until later in your career, but saving for retirement needs to be a priority as soon as you start earning income. At least if you want to have a say in what your retirement looks like. No one wants to reach 65 and be forced to keep working, or rely on the welfare system or their children to get by. It’s important to keep in mind that there are government-issued limits on how much you can contribute to tax-advantaged accounts each year, so there’s a missed opportunity cost every year you don’t contribute. And unless you’re expecting an exorbitant inheritance (whic ..read more

Starting a new business can feel lonely sometimes, putting so many hours into making it work that you spend literally all your waking time focussed on it. And when things don’t go according to plan it can be all too easy to feel quickly discouraged and start to question whether or not it’s really worth the trouble. One of the ways to keep yourself motivated and to keep pushing forward even when it feels like you are going nowhere is to read up about how other successful start-up companies are doing and how they got to the position they are in now – they all had to start from somewhere ..read more

A little debt doesn’t really matter to you, does it? But that’s how it starts for most of the people. And before you know it piles up and becomes a huge amount which keeps you far from accomplishing your financial goals. Yes, that’s how it was for me too. I struggled with my debts. But with some help, you can manage it without a problem. But not everyone knows that. Since I have been through the same situation, I don’t want you to suffer like me. So, I have written this complete guide to educate you on how to manage your debts in Canada. What is Debt Management? Debt management is ba ..read more

The health insurance landscape can be tricky to navigate. Here’s a start-to-finish guide to choosing the best plan for you and your family, whether it’s through the federal marketplace or an employer. IN THIS ARTICLE: Find your marketplace Compare types of health insurance plans Compare provider networks Compare out-of-pocket costs Comparing benefits Checklist: How to choose a plan Step 1: Find your marketplace Most people get health insurance through an employer. If you’re one of them, you won’t need to use the government insurance exchanges, or marketplaces. Essentially, your work is your ma ..read more

Many young graduates often feel overwhelmed when it comes to embracing personal finance tips, simply because they are afraid to conquer their ‘financial status’. Sometimes, the world can seem like your oyster especially when you’ve recently graduated from college. At this point, fresh graduates think of getting a job with a full-time salary on the horizon. However, majority of them fail to learn how to manage their finances before landing that full-time job. Even though you have a degree in-hand, you may find it difficult to find a suitable job that suffices all your needs. To make it w ..read more

If you’re in debt and struggling to dig your way out, you’ve probably spent a lot of time trying to come up with a fix. Maybe you transferred your balance to a balance transfer card to score zero interest, and wound up racking up even more debt. Perhaps you’ve resorted to selling stuff to raise extra funds. Maybe you picked up a part-time job or extra hours at work to keep up with your monthly payments. Whatever you’ve tried, it’s possible it’s just not enough. Enter debt management, which is an arrangement to consider if you need outside help to manage your bills. What’s a debt manageme ..read more

Having the right set of beliefs about money that support your success and financial freedom is critical to achieving your life’s desires. But most people choose to dwell on the negative beliefs, and they end up embracing a fear-based belief about money, wealth and success. It’s not just about thinking positive when it it comes to money. That will make you feel better But to start making, attracting and having more money you need to have a positive mindset about money. Otherwise it will get harder and harder to make and have more money. You may be earning a decent amount but you ..read more

Arming your children with the right personal finance knowledge will give them a strong foundation to go and achieve many of their life goals. If their understanding of personal finance is lacking, they could begin their independent life on the wrong foot (and they may even come back home). Consider these ways that you can help your child build a base of financial knowledge before they move out. Show them how to budget Perhaps the most important personal finance skill is consistently spending less than you earn. There are a million different ways to budget, and whatever works for you may not wo ..read more