If your family is anything like mine, you’re spending money at breakneck speeds. It is truly impressive how quickly a monthly pay cheque can be eaten up by gymnastics dues, swim lessons, and the occasional wing night.
I’ve never felt so rich and so poor simultaneously.
The benefit I...
Hey there, freelancers and gig economy warriors!
A topic that hits close to home for many of us these days: managing our finances in the wild world of freelancing and inconsistent income. Below we dive into some strategies for those whose income is as consistent as the Southern Alberta...
The top 5 reasons why paying an advisor roughly 1% per year is worth it:
1 ππ€πͺ π¬π€π£'π© π’ππ π ππͺπ’π πππππ¨ππ€π£π¨. When your rec hockey buddy tells you he's mortgaging his house to buy a penny stock or a cryptocurrency that you don't even understand, someone will be there to talk you down or at...
Name something else that you pay for just to hope and pray never to use it. Paying insurance premiums for anything stinks. Period.
But you know what stinks more?
Κα΄α΄Κ α΄Ιͺα΄ κ± Ι΄α΄α΄ Κα΄ΙͺΙ΄Ι’ α΄ΚΚα΄ α΄α΄ α΄α΄Κ κ°α΄Κ α΄α΄ΚΚα΄Ι’α΄ Ιͺκ° Κα΄α΄ α΄Κα΄ Ι’α΄Ι΄α΄.
Κα΄α΄Κ κ°α΄α΄ΙͺΚΚ Κα΄α΄ ΙͺΙ΄Ι’ α΄α΄ α΄α΄α΄ α΄ α΄Κ α΄ α΄α΄‘Ι΄ κ±Ιͺα΄’α΄ Κα΄α΄α΄α΄κ±α΄ α΄Κα΄Κ α΄α΄Ι΄’α΄...
πππ πππ§π π’ππ£ππ’πͺπ’: enough to cover all of your current debts if you were to die.
πππ π’ππ: all of your debts plus 7 to 10 times your gross salary. This money would create an income stream for your family to replace your paycheck.
πππ π§ππππ© ππ£π¨π¬ππ§: somewhere between those two that fit your...