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#331. Dad, what is status anxiety?

April 7, 2020 Dad 0

It is the constant fear of being perceived as “unsuccessful” by society in terms of material wealth.

#317. Dad, is it OK to shop on Boxing day?

December 26, 2019 Dad 0

Yes, as long as you temper your spending and don’t go into debt.

#207. Dad, what is the “ten second” rule?

July 26, 2019 Dad 0

DAD: Any time you are about to spend money, count to ten slowly and consider how this purchase may impact your life.

#203. Dad, what is the debt snowball method?

July 22, 2019 Dad 0

DAD: This method helps you to pay off debts with the smallest amount owed first.

#185. Dad, does spending less equate to less joy?

July 4, 2019 Dad 0

On the contrary, spending less brings more joy.

#128. Dad, how much debt do Canadian households owe ?

May 7, 2019 Dad 0

Canadian households owe $1.71 for every dollar they earn. Scary.

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#105. Dad, what is the “30-day rule!”

April 15, 2019 Dad 0

When making large purchases, use this rule to decide whether the item is a need or a want.  

#97. What is #3 rule of money?

April 7, 2019 Dad 0

Pay your credit card balance in full every month.

#91. Dad, what is a credit card?

April 1, 2019 Dad 0

A credit card is money that does not belong to you. It is not free, and the longer you take to pay it off, the […]

#89. Dad, do you have advice about getting out of debt?

March 30, 2019 Dad 0

Just get started.

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#85. Dad, what are the main financial challenges facing Millennials?

March 26, 2019 Dad 0

Most Millennials are weighed down by student debt, the high cost of housing and bleak career prospects.

#44. Dad, when do most people over spend their income?

February 13, 2019 Dad 0

DAD: Most people who overspend their income in one of three ways: Too much house, Too much car, Too much entertainment

#35. Dad, what does it mean to have a healthy relationship with money?

February 4, 2019 Dad 0

When you develop a healthy relationship with money, you don’t spend money on needless stuff.

#32. Dad, what is “Black Friday”

February 1, 2019 Dad 0

Sadly, “Black Friday” is the day we trample people for things we don’t need, the day after being thankful for what we have.

#26. Dad, is the goal financial independence?

January 26, 2019 Dad 0

It is important to recognize that your financial situation should be a side effect of pursuing a greater purpose. Financial independence is not your aim; […]

#13. Dad, what is lifestyle inflation?

January 13, 2019 Dad 0

Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people are in debt. Beware of […]

#1. Dad, this money thing is so boring. I prefer not to know.

January 1, 2019 Dad 0

DAD: When it comes to understanding money, ignorance is not bliss.

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