Rich people dream of the future. They prioritize setting goals and planning ahead. Meanwhile the poor and middle class often dwell on the past, which holds them back and prevents them from being happy and productive. The wealthy are financially successful because they spend more time thinking about their future than their past. They believe their circumstances are not a matter… Read More »
Professional football players are able to make oodles of money because they always have a goal in mind. 😀 But only 65% of Canadians feel confident they will achieve their financial goals in 2015, according to a recent CIBC poll. This is down from 76% in 2014. It appears we’re entering the New Year with a less optimistic financial outlook than last. Nevertheless… Read More »
Financially speaking this has been the best year for me so far. Here’s a 2014 year end review and some updates about what’s been going on in my personal life. Braces Removed Earlier this year I decided to get braces for financial reasons. According to my research people with very straight teeth make more money than the average person. The… Read More »
In January of this year I wrote down 3 goals for myself to accomplish this year. Here’s a recap of those 2014 financial goals. 1) Increase net worth by $55,000 Pass! From the end of December 2013 to now my net worth has increased by more than $110,000. I never expected to exceed my target by twice as much, so that’s a pleasant surprise. Here’s a… Read More »
Retirement Number and The Rule of 300 The common question that comes up when people think about retirement is how much money do you need to retire comfortably? This is sometimes known as the retirement number. It’s a dollar figure that essentially represents financial freedom. 🙂 It’s important to realize that there isn’t a precise answer to this question because the… Read More »
I recently saw a list of financial milestones on The Money Pincher. Ideally all 30 in the list should be achieved when one turns 30 years old 🙂 I still have a few more years to go before turning 30, but I thought it would be interesting to give it a shot anyway 😀 The milestones I’ve already hit are written… Read More »