Archive for Strategy

Married With An Allowance

Dec 27, 2012 Comments Off

Everyone has their own values when it comes to marriage. Some decide to share expenses and the remainder of each spouse’s paycheck is their own. Others share all income or none at all. Marriage and finances are a very personal strategy and not one strategy fit all marriages. Regardless of how finances are handled, it [...]

Read more

What Are You Doing Today To Make Money Tomorrow

Dec 10, 2012 1 Comment

This is what my professor asked us. You can bin your time that you invest today into 3 horizons, today’s returns, tomorrow’s returns, and the far future’s return. Most people only invest in today’s returns. Today’s horizon What have you done today that has brought you money? For most people, the answer is simple: they [...]

Read more

Line Of Credit Emergency Fund

Dec 07, 2012 Comments Off

Did you hear O’bryan’s law? He said Murphy was an optimist. One of my favourite personal finance gurus is Gail Vaz-Oxlade. Her financial advice is sound and she had good methods for getting people to follow their own budget. One of her rule of thumbs is to always contribute and top up to a cash [...]

Read more

2 Concepts That Changed Me

Nov 07, 2011 Comments Off

Here are 2 concepts that have changed the way I see my investment future. 1. Live below your means I learned this idea from my uncle who is a wise conservative investor. It doesn’t matter how much I make, whether it is $40 000 or $250 000 per year, I still need to live below [...]

Read more