Financial Empowerment Tips For International Women’s Day : February 2018 Budget Update

EMPOWER YOUR FINANCIAL INDEPENDENCE AND CONTROL YOUR MONEY   Today, March 8th is International Women’s Day and it just so happens to be perfect timing that a report was released by a national survey commissioned by the Financial Planning Standards Council (FPSC). Financial empowerment is so powerful that only YOU can help start and grow your knowledge. Survey says…Women need to do some serious financial homework. After surveying 1000 Canadian women last month about financial struggles it revealed that roughly four in ten women don’t even know their credit score.  Also uncovered was that a majority of women have at least one struggle when it comes to their finances. What this means is that you may be knowledgeable in one area but fall short in another. Related: Get your Credit Report, It’s Free Canada. Never rely on anyone but yourself when it comes to your money.   Learning finance the hard way   Just this past week my father-in-law passed away and to say that their finances were even a smidge in order would be an understatement. Both of them have little to no knowledge about finance and budgets, never negotiate bills or interest rates, over-draft is in full-swing and […]

Men, Women, and How They Think About Money

MONEY IS MONEY BUT ADD GENDER TO THE MIX AND THE MEANING BECOMES SOMETHING MUCH DIFFERENT.   Money is central to our existence and we all know it. We need, want it and got to have it. There’s nothing new to report here about any of that. It’s the basic reason we all get up every morning, battle the elements and the traffic, and hunker down at our jobs every day. Whether you are a Canadian or an American like me, there are differences between the genders. If you’re a man, you’re more likely to be coming home from work each day, unwinding and spending your time as you see fit. If you’re a woman, not so much. For as long as there have been people working outside the home, women have born most of the burdens of taking care of the home, kids, chores, and those kinds of things. When you look at the last 30 years of changes to our society, i.e. the big addition of women to the workforce, there may have been some changes in that old school approach…but not enough. Men still fundamentally think of women as the responsible party when it comes to family, […]

How To Spot A Money Smart Woman

FINANCIALLY SMART WOMEN FINISH RICH AND IT’S NOT ALL ABOUT MONEY   We can add the value “financially stable” or money smart to the list of traits that men are looking for in a woman while in the midst of romancing a relationship. In the past I’ve blogged about finding a frugal man but today I want to focus on men finding a woman who is of the same financial mindset. It may seem like the bottom of the barrel for most of you but for those men who value money the last thing they want is a partner to blow it all away. This is where it’s important to be compatible in terms of wants, needs and desires and why it’s so important to communicate. It doesn’t matter if you are a stay at home mom, stay at home wife or a career woman the money becomes one when you tie the knot. This is why some men are cautious about who they choose to date and for good reason. If a man finds his woman is spending too much money leaving them stuck to pay the bills or unable to save for retirement or to do things with […]

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