Financial Literacy

Understanding the mechanics of a loan

How does a loan really work? What goes into determining whether a lender will lend to a borrower? How does the loan get repaid? How does the bank make money? Determine the answers to these questions and more in this article.

How to negotiate a higher salary and level up wealth creation

Too many young people complain that they don’t earn enough money to build wealth. One way to remedy this is to earn more money! But how does one convince a manager that they are worthy of a higher salary? What are the actions one can take to prove their worth? What biases exist which can be leveraged? Learn the answers to these questions and more in this article about career earnings growth.

How to get started growing your wealth

A common question from young investors is “how do I get started?”. Why the sooner the better, what account to use, what investments to invest in, how to make it easy and more within this blog post.

Long versus Short Positions in a Stock

What is the difference between going long and going short in a stock? Are there different risks to be aware of? What happens in a short squeeze? Learn about the different aspects of stock trading within brokerage accounts in this blog.

INFLATION – The Silent Killer

One of the concepts which we all need to be acutely aware of when it comes to managing our finances is inflation. Inflation is that silent killer that over long periods of time can have a very detrimental impact on our net worth. So much so, that we need to constantly be fighting against its …

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3D book rendering image

Book Launch Press Release

A Fighting Chance: The High School Finance Education Everyone Deserves has launched on Amazon. This is the book you wish you were given in high school to set you up to succeed. This book makes a perfect gift to the teenagers in your life. Or, buy for yourself to brush up on your financial literacy.

Risk – What could go wrong

How much risk is in your portfolio? Do you understand what will happen to your net worth if different economic events occur? Read this article to find out how you can manage risk and protect yourself against unexpected downturns.

Challenging the goal of retiring with no mortgage

How many times have you heard advice to pay of your mortgage by the time you retire? That having a paid off house is setting you up for success in retirement? The argument would be that when you retire, your income reduces substantially such that paying a mortgage payment each month could impact your ability …

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Time is the ally of the young when it comes to investing

Time as your biggest financial ally

I really don’t think I can emphasize enough the value of time to a successful wealth creation process. Money multiplies over long periods of time, and it does so exponentially. In other words, the longer you have to leave your money invested, the faster its pace of growth will accelerate. How? Compounding returns They used …

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Budgeting that actually works

Creating a budget that works for you

Everyone knows that successful businesses always stick to their budgets. In an entrepreneurial setting, where a company has raised money through investors and banks, every dollar needs to be carefully deployed to resources that give the business additional value. Making frivolous decisions with investor money is a recipe for disaster and the CEO is accountable …

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Real Estate investing

Components of Real Estate Income

Rental real estate is an asset class which only finds its way into peoples’ portfolios if they learn about it through their network. Traditional 401k / RRSP plans aren’t suitable for investing in real estate direct. There are of course indirect ways to invest in real estate in traditional investment accounts via Real Estate Investment …

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Your first job. Strategy and what to look for.

How to approach your first job

You’ve graduated from school, and it’s time to start looking for work. How you approach this important decision is critical to success in your career and therefore your finances. In this blog post, I want to run you through my first job, what I learned from it and how I leveraged it to grow in …

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Cost of Doordash meals

The cost of a Doordash meal, broken down

Everyone knows that one of the biggest uses of millenial money is eating out. Cooking for ourselves just hasn’t been drilled into us as one of the top ways to save money (I suppose they cut home economics out of the curriculum at some point?). The reality is that a very small minority of the …

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Your financial “End Game” explained

To be financially successful over the long run, people need to make sacrifices in their lifestyle today to free up money for long term growth. Without a financial end game in mind ,these sacrifices are far less palatable. The financial End Game is the dream that makes the sacrifices worthwhile.

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