MONEY ON THE BRAIN WILL LEAD YOU TO A DEAD-END Are you that person who constantly thinks about your money problems? Do you have a friend who can’t stop talking about their money problems? I’ve been in both situations over the course of my life and I’ll tell you from experience that it’s not a fun place to be. Everyone has had money problems at one point or another unless they were born with a silver spoon in their mouth. Many of the rich and famous grew up in families with money problems yet went on to become multi-million dollar actors, actresses and musicians. 15 Rich Celebs Who Grew Up Poor Leighton Meester Jewel Hilary Swank Sarah Jessica Parker Jim Carrey Demi Moore Eminem Leonardo DiCaprio Tom Cruise Stephen King Mariah Carey Jay-Z Sean Combs Celine Dione Oprah Winfrey Estimated Net Worth 2.9 Billion Money problems can happen to anyone but constantly worrying about what you must fix instead of living your dreams will harm your financial future. Most people when they get down in the dumps about their money problems they want to do nothing and look to support from anyone that will listen. Some people are super […]
Don’t Make Money Problems Your Daily Obsession : Our Net Worth Update November 2017 (+0.27%)
A Wage Increase Is Only Instant Gratification On Paper : Our Net Worth Update October 2017 (+0.79%)
BUILDING WEALTH AND DEBT FREEDOM GOES BEYOND A WAGE INCREASE Unless you get a wage increase that is far beyond your norm the only gratification most people get is seeing the bigger number on their pay cheque. Even then if you’re not putting that wage increase to work you’re hiring and firing your own staff costing your more money in the long run. Reality is that without doing something with that money to help increase your net worth it won’t make a blind bit of difference. This perspective of a wage increase simply leaves you right back where you started. November is financial literacy month and I wanted to take a few minutes to talk about why a wage or salary increase isn’t always the answer to our financial problems. You have to start somewhere ** Let that be your motivation for the day, month, year ** You may not be in debt but you’re certainly not going to get ahead financially if you aren’t making changes to the way you manage it. The key: Financial Literacy. If you’re in the negative you may still be in the negative but climbing out from the hole. You’re still […]
Happiness Has Become My New Rich : Net Worth Update June-Aug 2017 (+0.43%)
BE THAT ONE PERSON WHO PUTS HAPPINESS FIRST AND YOU WILL FIND THE GOLD YOU TRULY SEEK. The richest man or woman is the one who believes that happiness comes before money. In a sea of unhappiness because of job loss, minimum wage, health and all things related to money be that ONE person who puts happiness first. I knew the time would come where I’d have to write a post like this and tell everyone, we spent a large amount of money. Don’t worry I’m not crying over financial loss rather I’m jumping for joy because I understand more than ever what happiness is. I talk to many people daily while networking on social media many of which are not rich in numbers but seem to be content. They don’t have everything they’d like to have but they get by and still manage to have a laugh and create fun instead of buying it. You don’t have to sail around the world to be happy, only YOU can do that. Money doesn’t buy happiness, bla, bla, bla. I know you’ve heard that and it is the single most smartest thing I can agree on in personal finance. My […]
How To Build Your Wealth Without Earning Big Bucks : April Net Worth Update (+1.96%)
YOU MUST BE EARNING BIG BUCKS IF YOU’RE DEBT FREE- Not exactly. The misconception that you must be rich and earning big bucks if you’re debt free is SO WRONG. The first thought that comes to mind when a young person says they are debt free without a mortgage is that they must have inherited money from someone. Typically the parents are the first target of interest, but does that really matter? Not really. It helps but it’s not often parents have the spare cash to dish out but for those that get that kick-start if they aren’t money-wise they could lose it all. Buying a house depending on where you live in Canada is becoming out of reach for many people especially millennials looking to get into the real estate market. A recent house sale on our street went for nearly $700,000 at just under 1400sq feet. Have a look at how much we value our house at in our net worth chart below and you’ll see what I mean. Manulife Bank issued survey results on Tuesday that suggest 45 per cent of millennial home buyers received a gift of money or a loan from family. That compares […]
How to become Financially Free in a How To World : March Net Worth Update (+1.46%)
HOW TO LOSE A GUY IN 10 DAYS… Remember that movie? Even the relationship industry has poured their hearts out to those in need of motivation for years and making a mint from it. Why? The words How and To can be compared to gold because finding the answers to something you need or want is a relief, a big one. Becoming financially free was something I wanted from a young age even though I was still learning about what the heck it meant. All I knew is that if you needed something you had to have money to pay for it. I knew that you had to work to make money and that it wasn’t always easy to find a job unless you specialized in something that was needed. I ask myself, ‘How to’ do something when I don’t understand what I’m doing and Google it. I did lots of that when I was in University and I still do it today for just about anything I need clarification on. Is it all true what we read online? No, so before you rush out to make millions of dollars from licking envelopes be ready to embrace the good, […]
