Do you feel like you are chasing your tail too often? A bit of running in circles is normal for any business owner, but if you feel positively swamped most of the time, something's gotta give.
Here are four ways to achieve maximum productivity and satisfaction in your work and personal life.
Retirement Planning + Retirement Goals + Retirement Home + RRSP = RIF until you RIP.
No thanks. I have bigger plans for my “golden years.”
Whether you are a stay at home mom, have your own business or a job outside your home, be careful you don't get too rigid with your life's routines.
The beginning of my career in finance was an uncomfortable phase of my life for many reasons. In the words of my Saskatchewan born father, transforming from a "self employed hairdresser" to someone who was supposed to know all about making money: a "financial advisor", was "ballsey". Thanks dad.
My son was 5 years old when I began my career as a financial consultant. He watched many Disney movies while I studied for exams.
I am thankful every day that I took a risk and stepped out of my comfort zone. It would have been so much easier to do what I know - build another beauty business - but that wouldn’t have landed me where I am today:
MY COMFIER ZONE.
In an ideal world, people would talk freely about money struggles and successes rather than keeping them hush-hush.
In January 2016, I began playing with this mini-nap idea. I had to. There would simply be no other way to fit in all of my daily obligations AND time to write a book!
'Tis the season of giving! No, it's not Christmas, but we are in a season of donating our money whether we like it or not. I'm talking about tax time.
Women who come to me with money problems find out quickly that it is possible and attainable for any woman to have control over how she earns money and where it goes - and feel pleased with her financial situation. It's all in how she looks at it. I've created something that will help change that perspective. The result? Breaking bad money habits and feeling in control.
“If I have $20,000 to invest and I have $20,000 room in both my TFSA and RRSP, should I:
- divide it between the two accounts,
- contribute all of it to my TFSA, or
- contribute all of it RRSP?”
Of course you want to be a bank. Maybe you don’t want to be your cousin’s bank because he still lives in his mommy’s basement at age 35, but believe me, you want to be a bank in other specific situations.
Before lending money or cosigning a loan for a friend, ask yourself “What is the value of our relationship?”.
If you lend money or cosign a loan for a friend, you are a bank.
Realize that banks don’t always get paid back.
If yours is like my family, “family time” can feel less than enjoyable. The goal is to enjoy family time, but the reality is that all families have quirks. Maybe your aunt tells the same story over & over after her 4th glass of wine, or your ten year old nephew teaches your kindergartner “new” words. Or, it can be much, much worse. For many, “reconnecting” means family drama and maybe even a full-blown fist fight or two!! When you throw that many opinions and parenting styles into one household for 48 hours and add some alcohol, things tend to get messy. Yes, I’m describing my family.
The numbers are always right there – plain and simple – attached to every action and every result. We just don’t take the time to look at them. Heck, there are even numbers attached to everything we DON’T do. Spend more than you make for a month and watch the debt number increase. Eat a higher number of calories than you burn for a month and watch the number on the scale rise. We each have a balance we are all striving for to ultimately be the happiest, healthiest people we can be. There are of course numbers associated with this “balance”. It’s impossible to find this balance without knowing the numbers associated with where we are RIGHT NOW.
Some people don’t mind living payday to payday. The thought of “What if I lose my job?” either doesn’t pop into their head, or doesn’t scare them enough to save an emergency fund. That’s OK. I’m not here to convince people who aren’t worried about money to become worried so I can help them resolve their worry.