The key to early retirement lies with savings, not income – regardless of how much money you make.
Living a simpler, uncluttered life means a life that is not filled with constant busyness, worry and stress, but instead contemplation, creation and connection.
Education is not the key to financial success. Motivation is.
If interest rates went up by one percentage point, 971,000 Canadians will end up in a cash crunch.
DAD: Rich people dream of money. Wealthy people dream of time, freedom, purpose and happiness.
DAD: Financial freedom is much more than having money. It is the ability to make life decisions without worrying about financial constraints.
Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people are in debt.
DAD: The purpose of an emergency fund is to allow a person to get through financial emergencies without incurring debt.
Financial independence is the point at which you have enough money in savings and investments to support yourself for the rest of your life.
DAD: Spending all your money today because you might die tomorrow is reckless, selfish and not sustainable.
DAD: If you are thinking of getting out of debt, my advice is simple. Get Started.
Don’t become a prisoner of peer pressure. Your only regrets should be when you failed to lead with your values.
DAD: It is important to balance preparing for the future and enjoy the present as long as you do not spend more than you earn.
DAD: You should consider whether you saved $100 or spent $300 on something you did not need.
DAD: When it comes to understanding money, ignorance is not bliss.