People’s Perception of Themselves is Hard to Break
The most common scenario I run into with retired clients is that they have more money than they will ever need. They have earned, saved and lived within their means for so long, they don’t know any different.
But here is the problem...
Someone reading this needs to give themselves permission to ‘take Fridays off.’ Is it you?
Maybe it’s not a short work week, but an extra long vacation, or a start time of 10am and not feeling guilty about it. Can you give yourself permission to take the dog for a walk at...
Above is a graph of a typical retiree’s spending over time. It’s not scientific; it’s not derived from a famous study, but it is a trend that I have found to hold true with almost all retired clients.
Let me explain.
The upward slant
Life costs more every year. The...
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...
We don’t need to be buddies for me to be the perfect Financial Planner for you.
As Planners attempt to separate themselves from the herd and create a unique approach, a lot are taking it upon themselves to interject their life into yours fully. You know the, ‘I want to have REAL...
What life are you planning for?
Northstar Goals
My dream as a future grandparent is to be able to drop what I am doing and help our girls with their kids any time they need it (or whenever I feel like it). It’s a “Northstar” type of goal for me; one that is guiding many of the...
Unattainable goals
Humpback whales are breaching in the background as I type this.
I have a steaming hot cup of black coffee, chill beats playing in the background, and the kids are eating cereal at the counter.
Our day will consist of bizarrely smooth and silky shaved ice, snorkeling with...
Be honest, when’s the last time you slowed down?
Hear me out. Maybe you started your business 15 years ago with a couple of shovels and a beat-up truck, a laptop and a dream, or using your kitchen as Grand Central for your shipping operations. Although it still might feel like you’re...
To a person, all of my retired clients start with this goal: 'I do not want to be a financial burden.' Sure, it is worded differently or coded as, 'Will we have enough?', but most people want the same thing - to be able to take care of themselves financially.
Here is how to do that......
Financial planning is NOT...
A good financial plan is not a giant document filled with 50+ pages of charts, graphs, asset mixes, and predictions of inflation 40 years from now.
It is NOT a ‘road map to success.’
And it is almost guaranteed to NOT come true!
Wait, what?
...
(๐๐ป๐๐๐ถ๐บ๐ฒ ๐๐ฒ ๐ฐ๐ฎ๐ป ๐ถ๐ป๐ฐ๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ฎ ๐๐ฟ๐ฎ๐ธ๐ฒ ๐น๐๐ฟ๐ถ๐ฐ, ๐๐ฒ ๐ฑ๐ผ!)
Regardless of your age, your financial future is (reasonably) predictable. Your net worth is your financial scorecard. Having a high net worth does not make you a better person, nor necessarily does it mean you are happier, but it is a good...