Stupid budget. Yes, that’s how many people feel about it and you may be one of those people. Now, you need to ask yourself why? Is it that you don’t understand the concept of budgeting, or maybe you don’t want to confront your bad spending habits? You might be thinking that budgeting is a waste …
Planning your Retirement From Z to A Part VIII. “Budget, budget, budget.” Read More »
The dreaded budget. It’s complicated, it’s no fun, it’s constrictive, it’s unacceptable. Budgeting and making ends meet doesn’t really sound like a lot of fun. But as it turns out people who budget and buy things on purpose actually feel better about what they have and enjoy life more. Dave Ramsey said, “A budget is …
Welcome back. Today we’ll be talking about “allowances”. A set amount of money, dolled out on a specific day. You’re never too old for an allowance. We were working hard at raising kids, working 40 hours a week and doing many side jobs to keep our little home machine moving. But spending all our money …
Planning your Retirement from Z to A, Part VI. “Give yourself an allowance.” Read More »
Money does not bring joy or pain in and of itself. Money is just a tool. If we think of money this way, we might be able to control or guide the way we use it. Let’s face it, no one ever thinks they have enough of it. I’ve read stories of billionaires who thought… …
Planning your Retirement from Z to A Part V. “Getting there slowly.” Read More »
Tool – noun. an implement, especially one held in the hand, as a hammer, saw, or file, for performing or facilitating mechanical operations. Money – noun. any article or substance used as a medium of exchange, measure of wealth, or means of payment. There are a lot of ways to look at money. You may …
Planning your Retirement from Z to A Part IV. “Money it’s a gas.” Read More »
Welcome to Part III of our blog about retirement from Z to A. Today we’ll be talking about money. I’m sure you’ve heard the old saying , “Money is the root of all evil.” Now, just in case you didn’t know that’s from the bible and the quote is actually, “For the LOVE of money …
Planning your Retirement from Z to A Part III. “Think of you, when you’re 64.” Read More »
Why start with plan Z? Why not start with plan A? There is no “main” reason. It’s all about how your brain works. If you want to start at A go ahead. If you’re one of those people who can set a clear and concise goal and focus on it and move towards it then …
Retirement from Z to A Part II. “Why not start with your final ‘A’ goal?” Read More »
Plan Z… When I was young, I always found it easier to find my way out of those puzzle mazes by starting from the finish line. Some say that doing so is cheating. The puzzle was built to be started at the start and finished at the finish line. When I talk to people about …
Planning your Retirement from Z to A, part I. “The beginning of the end” Read More »
THE NINE-TO-FIVER: This is the person who puts in a hard weeks work every week. Takes his allotted two, three, four, five weeks vacation time every year and then gets back to work. This person looks forward to turning 60 so they can start getting their CPP. They’ll bank as much of it as possible …
I know so many people who decided to take their CPP at 60. All these people were and or are still working. None of them “need” the extra income. Before they started I suggested they should wait to take their CPP. Why? Well, for one, it’s taxable income. Two, if you wait, the amount of …
Canadian Pention Plan (Cpp) When should I take it? Read More »