Tag Archives : personal finance

“Compound interest is the most powerful force in the universe” – Albert Einstein While some may argue that this is a bit of an overstatement, there is no doubt that compound interest is a powerful force in determining your long-term wealth… or lack thereof. In my last blog post, “Double [...]

You may have heard the phrases “Make your money work for you” and “Work smarter, not harder”. If you’re like the average hard-working Canadian, you probably work FOR your money, not the other way around, and bust your butt doing it. So how do we begin changing this around? We need to [...]

Are you in the know? Depending on your age, you know what someone means when they say CCR, NKOTB, BSB, or OMG. But do you know financial acronyms, like RRSP or the more recently-minted TFSA? Like most young people, I knew what the “cool” acronyms meant, but had no idea about financial ones. What I did [...]