#31. Dad, may I buy anything I desire?
Yes. You can buy anything you desire – as long as you have saved for it first.
#31. Dad, may I buy anything I desire? Read Post »
Yes. You can buy anything you desire – as long as you have saved for it first.
#31. Dad, may I buy anything I desire? Read Post »
Mistakes are often the result of laziness or an obsession with perfection.
#30. Dad, why do we make mistakes? Read Post »
Spend less than you earn.
#29. Dad, what is your wealth formula? Read Post »
Giving up temptation for long term benefit.
#28. Dad, what is delayed gratification? Read Post »
Become an expert and nobody will want to see you leave.
#27. Dad, I don’t have job security. Read Post »
It is important to recognize that your financial situation should be a side effect of pursuing a greater purpose. Financial
#26. Dad, is the goal financial independence? Read Post »
The key to early retirement lies with savings, not income – regardless of how much money you make.
#25. Dad, what is the key to early retirement? Read Post »
From a pure math point of view, it’s almost always better to pay off debts before putting money into savings.
#24. Dad, is it better to pay off debts or save first? Read Post »
Figure out your true hourly wage. Think of purchases in terms of how many hours you have to work to
#23. Dad, what do you mean when you say I should align my spending with my priorities? Read Post »
Living a simpler, uncluttered life means a life that is not filled with constant busyness, worry and stress, but instead
#22. Dad, how do I live a simple, uncluttered life? Read Post »
Education is not the key to financial success. Motivation is.
#21. Dad, is it true that education is the key to financial success? Read Post »
If interest rates went up by one percentage point, 971,000 Canadians will end up in a cash crunch.
#20. Dad, what will happen if interest rates increase by 1%? Read Post »
The path to wealth is not found in inexpensive things. The true way to wealth lies in finding the time
#19. Dad, what is the path to wealth? Read Post »
No. No. No. If you fail to pay your credit card in full and on time, it will have a
#18. Dad, does carrying a credit card balance help improve your credit score? Read Post »
DAD: Rich people dream of money. Wealthy people dream of time, freedom, purpose and happiness.
#17. Dad, what is the difference between rich people and wealthy people? Read Post »
Christmas happens on the same day every year. It does not sneak up on you. Lack of planning is not
#16. Dad, why do so many people over extend their spending before Christmas? Read Post »
Be authentic! Maintaining an image that your income cannot support goes against being authentic. You cannot pay your bills based
DAD: Financial freedom is much more than having money. It is the ability to make life decisions without worrying about
#14. Dad, in your book you speak about financial freedom. What is financial freedom? Read Post »
Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people
#13. Dad, what is lifestyle inflation? Read Post »
Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people
#12. Dad, does earning more money translate into more savings? Read Post »
DAD: The purpose of an emergency fund is to allow a person to get through financial emergencies without incurring debt.
#11. Dad, what is an emergency fund? Read Post »
Your impulses are largely focused on getting instant gratification. If you want to experience the best life has to offer,
#10. Dad, how do I control my impulses and stop buying stuff I don’t need? Read Post »
Financial independence is the point at which you have enough money in savings and investments to support yourself for the
#9. Dad, what is financial independence? Read Post »
Spending all your money today because you might die tomorrow is reckless, selfish and not sustainable.
#8. Dad, our generation believes in YOLO! What is wrong with that? Read Post »
The purpose of money is not to buy things. It’s there so that we can buy ourselves some freedom, so
#7. Dad, what is the purpose of Money? Read Post »
If you are thinking of getting out of debt, my advice is simple. Get Started.
#6. Dad, how do I get out of debt? Read Post »
Don’t become a prisoner of peer pressure. Your only regrets should be when you failed to lead with your values.
#5. Dad, how do I manage peer pressure? Read Post »
It is important to balance preparing for the future and enjoy the present as long as you do not spend
#4. Dad, I am young and want to live and spend money like there is no tomorrow – YOLO Read Post »
The ‘What-the-hell-effect’ is when you have spent more than you have earned and then decide that you might as well
#3. Dad, what is ‘What-the-hell-effect’? Read Post »
DAD: You should consider whether you saved $100 or spent $300 on something you did not need.
#2. Dad, I bought this shoe that usually costs $300, on sale for $200, I saved $100. Read Post »