Personal Finance

Welcome to my post on why it pays to diversify your income.  Since writing my article on Passive Income Streams, I’ve worked hard to try to diversify as much of my income as possible.  I don’t want to rely on any one source of income forever because that is simply too risky.  So … [Read more...] about Why It Pays to Diversify Your Income

Welcome to my 100th post!  I can't believe I managed to churn out so many posts.  Oh well, here's to the next hundred!  Today, I'm writing about something that's been all the buzz here in Canada this week.  No, it's not the Pan AM Games (Go Canada!).  It's that other thing that … [Read more...] about My100TH Post – Free Money From the Government!

What is net worth?  If you're just beginning to learn about personal finance you may come across that term and wonder what it's all about.  This article examines the term "net worth," how it's calculated and, most importantly, how to grow it! What is Net Worth? Simply put, a … [Read more...] about What is Net Worth?

To meet our goal of achieving financial freedom in 10 years, we needed to come up with a financial strategy to manage our household income and expenses.  Unless we're very lucky and manage to come into some kind of large inheritance or lotto winnings, we need to have a plan to … [Read more...] about My Financial Strategy

Welcome to this post on the danger of mutual fund fees.  One important aspect of learning how to invest, and one that is often overlooked, is the role that high fees play in derailing a person’s financial plan.  There are costs associated with owning investments. Anytime a person … [Read more...] about The Danger of Mutual Fund Fees