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Tag Archives: Saving
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May 6, 2013
- Masters of Money
5 Lies We Tell Ourselves about Money
There are some things that can’t be blamed on other people: bad manners, bad fashion choices, and worst of all, total cluelessness when it comes to money. While bad manners and bad outfits can be fixed with relative ease, poor money skills can trip you up for life. MORE
February 8, 2013
- Masters of Money
Retirement and Money Part 1 – Can’t Afford to Save?
The biggest excuse going for not saving: “I can’t afford it.” That’s lame. Few of us can’t afford to put away the odd bit of money here and there so it can compound over the long term for retirement. Can you afford $10 per month? Over 20 years, it would grow to about $3,275, assuming a 3% rate of return. MORE
Tagged Compound Interest, retirement, Saving
December 21, 2012
- Masters of Money
Smart Spending & Budgeting
When your kids are young, you are often with them when they are out in the world. You have a lot of influence over their spending and they place the most confidence in what you say. So take advantage of those teachable moments at the grocery store, the mall or the restaurant, to let them pay a grocery bill in cash, deposit a cheque into the automated teller machine (ATM) or punch the buttons on a debit purchase. MORE
December 7, 2012
- Masters of Money
The Sooner You Start, the Better Off You Will Be
Now here’s a universal truth that’s often supported by those ubiquitous surveys released by financial institutions: the sooner you start to save and invest, the better off you will be. From what I’ve heard anecdotally, today’s young people are far more attuned to the message of putting aside money for the future. MORE
October 3, 2012
- School of Savings
12 Easy Ways to Save on Gas, Flights, and Hotels
Thanks to a lot of detailed planning and research, I was able to travel to four countries and nine cities for less than $3,500 – a steal considering how many places we visited. Whether you’re planning a road trip, venturing south of the border or are lucky enough to have the funds to fly overseas, here are 12 ways to help you make your vacations more cost efficient MORE
