Of all good things financial — a paid-off credit card, a Tax-Free Savings Account (TFSA), a financial plan — my favourite is a net worth statement.
If finances were simple, it might take only a calculator to handle them. But they’re not simple, so it’s important to have plans as well.
Are financial rules of thumb useful? Very. Are they precise? No. See how 15 common pieces of advice measure up.
Planning to hit the road when you retire? There are smart ways to stretch your dollars on food, dining, hotels and entertainment.
A successful retirement is about leveraging what you have so you can build a better, more meaningful life.
There are some important issues to consider when deciding the right time to retire — and they’ll have an impact on more than your wallet.
Retiring early sounds like a dream, right? But be prepared: That dream comes at a price.
It’s not so much the questions you ask about your personal finances that can make all the difference — it’s the questions you don’t ask.