Stuff I Like, Part 1

Stuff I Like, Part 1

You should spend money according to your values and priorities. The same is true of your time. This week my time needs to be spent on priorities that aren't this website. Namely: studying for my certified financial planner tests taking a business planning seminar volunteering travelling With these commitments there isn't a lot of time for other things, such as this website. So for this week and next, instead of my usual article, I'm going to share with you some of my favourite online and print resources, and Winnipeg businesses and non-profits. Online Resources Raptitude A blog full of thoughtful, quality…

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Managing Your Money Together, Part 3 – Let’s Talk it Out

This is the third post in a series about how to manage your money as a couple. Previously I discussed options for managing money separately or jointly. Last week I started outlining some methods to minimize your risk regarding joint finances. I'll continue with that analysis today.  First, here are the general risks I will be discussing: Joint money management One partner may assume control of all financial decisions and steamroll over the desires or fears of the other. (See last week’s post.) An uninvolved partner may not be capable or willing to take over money management in the case of death, disability,…

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Managing Your Money Together, Part 2 – Let’s Talk Risks

Managing money as a couple can be rewarding and/or challenging. A couple can make more money than an individual can. Two people can combine their knowledge and strengths to make better decisions. And partners with different money management styles can balance out each other’s extremes. However you can also be negatively affected by your partner’s money management, sometimes severely. If you don’t want to read the whole article, this is the most important point: You must have full disclosure with your partner, regardless of how you manage your money choices on a day-to-day basis. Nothing can ruin your relationship or…

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Why I Don’t and Won’t Have Ads on this Site

I consider it imperative to carefully consider each purchase and to minimize impulse spending. It would therefore be hypocritical of me to profit off of internet ads which are intended to encourage impulse clicking and buying. I’d rather make no money at all, than earn money in this manner. Also, ads are just annoying. I prefer websites without ads, especially the pop-up ones, and suspect that you do as well. Will I ever have ads on my website? Maybe. I would consider an ad if it was for a product or service that I am very familiar with and am comfortable recommending to most people.…

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Are You Spending On The Wrong Things?

Are You Spending on the Wrong Things?

Do you spend money on things that you don’t even like? Are you cheaping out on areas where you derive the most enjoyment? This is a type of financial risk. The two previous posts in this series on money and risk are: Inflation Risk Risk of Needing Money Suddenly This article is about the risk of spending money on things that don’t matter to you. Reckless spending can be defined as overspending or getting into debt. However it can also be defined as thoughtless spending; purchases that don’t line up with your values. This is a recurring theme in the book Your…

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