What is a TFSA? What is a RRSP? If you're looking for an RRSP Explained video, or TFSA Explained Video, this is for you! We'll go through all the details of both the Tax Free Savings Account and the Registered Retirement Savings Account! By the end of this video, you'll know which one will work best for your financial success!
There are SO many sneaky little expenses that are causing your money to slip out of your budget like water! We call these expenses ‘money leaks’ and I see this all the time with my clients. Subscriptions and fees that have been long forgotten, expenses that are not paid regularly, variable costs that are just adding up without notice, there are SO MANY THINGS that we’re dealing with when it comes to our money.
Do you feel like you’re irresponsible with your money? Like, you have no clue what’s happening, how to keep it, how to spend it, or generally deal with it in any way?
That was exactly how I felt a few years ago. And, I feel like it’s how a lot of people feel because NO ONE really teaches us how to ‘properly’ deal with money!
If you’ve looked up anything about personal finance in the last few years you’ve probably heard of the 50/30/20 Rule; and if you read my last post on responsible money management, you’ll know that 50/30/20 is a great general outline that you can use to budget your money. Today, we’re going to go a little bit deeper. Digging into what this ‘rule’ actually is, when to use it, when NOT to use it, and how to actually apply it in your own money plans.
Since I’ve started coaching, I’ve often been asked by friends or family how I came to enjoy personal finances, or why I felt pulled towards helping others with their finances. Well, it’s a long story. But the answer, in part, comes from the day I finally ‘figured it out’. The day I made a budget that worked for me and forever changed my financial life. It’s not for everyone. Each person has their own journey, their own spending habits, and as a coach I encourage everyone to find the system that works best for them. But that moment, the moment that everything clicks into place, that’s universal. I want to share with you my moment, and the story of the budget that changed everything.