Everything You Need To Know Before Investing In Cryptocurrency


“Cryptocurrency” refers to digital money. These are currencies that exist entirely online, and independent of any country, bank, or governing body. They are not based on any physical asset, which means their value is determined entirely by public sentiment. In other words, they’re worth only what people are willing to pay for them. Which, if you’ve been watching the news lately, is quite a bit. There are thousands of different cryptocurrencies, but for the sake of keeping things simple in this article, when I refer to crypto, cryptocurrency, or cryptocoins, I’m talking primarily about Bitcoin, Litecoin, and Ethereum. The more obscure a cryptocurrency, the fewer advantages and the more risks! If you’re eager to get on the crypto investing bandwagon, below are what you need to consider before buying in. Does cryptocurrency have a place in your portfolio? Whether or not cryptocurrency is a good investment for you depends entirely on […]

How to See Through Your Financial Blind Spots

Managing money can be intimidating. From the list of financial to-dos to the endless array of acronyms for different accounts, it can easily feel like there’s too much to know, let alone if you’ll ever get it right. If you’re feeling overwhelmed and confused when it comes to managing your finances, you’re not alone. 39% of Canadians feel like they do not have their financial future under control. – The Financial Blind Spots Survey, FPSC Ready to take charge of your finances but unsure where to get started? Below is a list of common financial blind spots that might be plaguing your money mindset, and how to fix them! Sweating the small stuff Clipping coupons might save you $0.30 on groceries, but you’d be better off axing a few lunches or a dinner out each week and saving $30.00 instead. When it comes to supercharging your finances, focus on dollars before […]

14 Books You Must Read To Get An MBA Education At Home


In 2015, I graduated with an MBA in Finance. My course program consisted of 20 classes on Accounting, Marketing, Human Resources, Finance (of course!) and some other things I’ve already forgotten. With tuition and the cost of books ringing in at $25,000 per year, I paid about $50,000 out of pocket for MBA. While $50,000 can hardly be considered “cheap”, it is a bargain as far as most MBAs go. But there is one way to get a business education for even less: a good book collection. I’ve been a voracious reader ever since I was a child, often burning through as many as 50 books per year. Throughout university, I read novels and non-fiction on top of what was assigned to my classes. I felt like reading always enhanced my education, and that was true through my masters degree as well. This list and its categories and contents are […]

The Key to Overcoming Financial Hardship


More likely than not, you will experience some form of financial hardship in your lifetime. Some of these will be minor challenges like a layoff or a series of missed mortgage payments, others will be significant like divorce or declaring bankruptcy. Often one financial hardship begets another, so don’t be surprised if a layoff leads to divorce which ruins your credit and forces you into bankruptcy. If you think you’re too smart to ever have to deal with financial hardship, rest assured life will find something to hit you with at one point or another. What is financial hardship? Financial hardship is much more than having to live on a tight budget. Instead, it refers to the long-lasting and lingering consequences of a financial catastrophe. The very definition of financial hardship is being willing but unable to meet your obligations because of unexpected events or unforeseen changes that have compromised […]

Daycare is an Investment, Not an Expense


When it comes to raising a family, childcare costs are a huge expense that can start to rival your mortgage payments. With daycare costs as high as $2,000 per month in major cities, many families opt out altogether, and instead choose to have one parent stay home. While this might seem economical at first glance, it has a catastrophic long-term negative impact of the lifetime income of the parent that gives up their career, even for only a few years, in order to care for their child. Childcare is not paid out of one partner’s income, it’s a household expense I hate when I hear a new mom say the reason she decided not to go back to work is that her monthly income would be a piddly few hundred dollars (if that) after childcare expenses. Many women do the math that if their take home pay is $2,500 per […]