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| Thursday, 21 July 2011 14:06 |
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Improve your Financial IQ to Become Wealthier Lately there has been a lot of news emphasizing that Canadians need to improve their financial literacy. I couldn't agree more. I have long maintained that a more educated client is a better client, one that is more financially successful.
When creating this website I wanted to focus on information that I call financial fundamentals. Just as sports teams regularly practice the fundamentals Canadians need to apply fundamentals to their finances and stick with them.
We will focus on the three broad themes of integrated planning
Planning is Fundamental
No One Plans to Fail... People just Fail to Plan.
So the First Step to becoming financially successful is to create a Plan. Just remember that planning is a dynamic process and evolves regularly over time. In this article I discuss the issue of planning and what are the elements of a good plan.
The Foundation Series Recently in my blog I wrote a series of articles called the foundation series. The articles are linked here and should be the first thing you read about in your quest for financial literacy. Too often people put " the cart before the horse" . Investing You wouldn't set out on a trip without a map and a plan, why should investing be any different? Sadly too many people don't master first principles and often are hurt in the process. Learn the basics, you will sleep nights and be wealthier.
Retirement Planning Canadians have one fundamental question when they are thinking of retirement How much capital must I have by the time I retire so that I won't outlive my money? We are going to try to help you answer these questions. Learn more....
The Magic of Life Insurance Life insurance is fundamental. With the stroke of a pen and by paying just pennies on the dollar, Canadians of all means can instantly create an estate for their families. Learn more about insurance here
Living Benefits Insurance
Living benefits insurance is designed to pay you cash or an income or both while you are alive in the event of certain circumstances.
There are three main plans under this umbrella term and each will be discussed.
Tools and Resources I try and keep on top of useful tools and links that can help you succeed financially. I will add to it periodically.
If you have a good resource let me know by way of a comment. I'd be glad to post it.
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| Last Updated on Monday, 23 April 2012 07:18 |
