#437. Dad, how does credit card debt impact emotional well-being?
Credit card debt creates stress and limits freedom. Financial responsibility brings peace of mind.
#437. Dad, how does credit card debt impact emotional well-being? Read Post »
Credit card debt creates stress and limits freedom. Financial responsibility brings peace of mind.
#437. Dad, how does credit card debt impact emotional well-being? Read Post »
We associate expensive things with greater enjoyment. Yet, a simple cheese sandwich at home can bring as much contentment as
#432. Dad, does the price tag always determine greater pleasure? Read Post »
Frugal people make smart financial choices while still investing in what matters. Cheap people sacrifice quality and relationships just to
#422. Dad, when does being frugal cross the line into being cheap? Read Post »
Congratulations! You have taken the first step to acknowledging that you have a problem. The rest can be managed with
#304. Dad, my finances are a mess. Read Post »
Personal finance is about values, habits and mindset and not only about money.
#297. Dad, is personal finance all about money? Read Post »
No matter what you do or say, you will be judged. So, why not be true yourself.
#289. Dad, tell me about judgment. Read Post »
Identify what is most important to you. Eliminate everything else.
#262. Dad, what is a quick way to simplify my life? Read Post »
Debt feels like having to run 10 miles to get to the starting line of a marathon. It is impossible
#248. Dad, what does it feel like to be in debt? Read Post »
DAD: The things that make life great can’t be bought. Money can only help extend your options.
#212. Dad, can money buy a great life? Read Post »
DAD: Any time you are about to spend money, count to ten slowly and consider how this purchase may impact your
#207. Dad, what is the “ten second” rule? Read Post »
DAD: This method helps you to pay off debts with the smallest amount owed first.
#203. Dad, what is the debt snowball method? Read Post »
There is no correlation between high levels of intelligence and high levels of financial wealth.
#193. Dad, are smart people financially wealthy? Read Post »
On the contrary, spending less brings more joy.
#185. Dad, does spending less equate to less joy? Read Post »
Don’t finance things that go down in value
#182. Dad, should I finance my used car? Read Post »
Learn to exercise self-control and delay purchases until you can pay in full, with cash.
#168. Dad, how can I avoid the payment syndrome? Read Post »
How much you earn does not determine your ability to build wealth. The first step to building wealth is to
#165. Dad, I feel I don’t earn enough money to be wealthy. Read Post »
Most people are afraid to speak about personal finance because they are not comfortable speaking about something, they know very
#148. Dad, why is personal finance not a topic of discussion at the dinner table? Read Post »
Personal values and spending habits are unique to everybody. Spend based on your personal values.
There are no guarantees. Make sure you spend less than you earn and save for the future.
#129. Dad, is a high income a guarantee that you will retire rich? Read Post »
Pay your credit card balance in full every month.
#97. What is #3 rule of money? Read Post »
Strive to save 10 to 20 percent of your monthly income.
#96. What is #2 rule of money? Read Post »
Eating at home is normal. Eating out is an expensive treat and should be done when there is a social
#93. Dad, tell me about eating in restaurants Read Post »
The level of consumer debt in Canada has been increasing for the past 30 years. Canadian households owe more than
#92. Dad, how much debt do Canadian households owe? Read Post »
A credit card is money that does not belong to you. It is not free, and the longer you take
#91. Dad, what is a credit card? Read Post »
Ingratitude is when money only flows inward and never outward.
#90. Dad, what is ingratitude? Read Post »
Somebody who has insight into the possible consequences of money decisions and the impact on their family and long term
#87. Dad, what is a financially mature adult? Read Post »
You don’t need to get out of the city to feel calm. You don’t need a gym membership to push
#86. Dad, do I have to spend a lot of money to be content? Read Post »
Most Millennials are weighed down by student debt, the high cost of housing and bleak career prospects.
#85. Dad, what are the main financial challenges facing Millennials? Read Post »
Assess the damage. Understand the root cause. Change your habits.
#84. Dad, what are the 3 steps to get out of debt? Read Post »