2017 was the first year of VAVE's Monday Money Meme. We had a lot of fun coming up with different ideas. Here are my top ten favorites:
Buying Individual Stocks: The Sucker at the Poker Table
In the film Rounders, Matt Damon’s character, Mike McDermott, is quoted: “Listen, here’s the thing. If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker.” If you're an amateur do-it-yourself investor buying stocks on your own, consider yourself the sucker. Read about why you should just walk away from the table instead of trying your luck against the professionals.
YOLO + FOMO = Financial NONO
Why use a Fee-for-Service Financial Planner?
Not having Disability Insurance can Haunt your Future
Why use a Fee-for-Service Financial Planner?
Why use a Money Coach?
The One-Asset Strategy
5 Tips for Your Fantasy Sports Pool (and Your Investments)
Maximizing Credit Card Rewards
As part of my series, VA/VE Cost Saving Projects, this post crunches the numbers to see what combination of Credit Cards is optimal for our family. Based on our spending patterns, our family earns an extra $400 per year cash-back from implementing this strategy.
VA/VE Cost Saving Projects
Buying a Mid-Range Android Phone vs an iPhone: The $1,239 question
5 Keys to Getting FIRE'd
The phrase "Financial Independence" has been gaining popularity as it does not carry the same baggage as the word "Retirement". Financial Independence gives you the freedom to choose how your time is spent (paid or not) and for some, can be reached in their 30s and 40s. Review these 5 factors to achieving FIRE.
Post-Secondary Study: Home or Away?
Being a father of three young children, the topic of education costs particularly resonates with me as I start considering where we'll be financially in about 10 short years (gulp!). Many clients list "sending their kids to university/college" as an important financial goal and make it a priority to save for this milestone event. This post crunches the numbers on a few 'home or away' scenarios for my kids 10 years from now.