Money anxiety is something that can affect anyone and can show itself in many different forms. The stresses of budgeting, debt, paying for a child’s post secondary or reaching financial goals can all cause money anxiety. How to Avoid Money Anxiety: Address the Stress The first step to decreasing or avoiding your money anxiety is…
Some people are thrifty. Some are frugal. Both can be great at saving, and even at paying off debt. All wise choices. But saving is not the same as investing. Saving will pile up your money, while investing can make your money grow itself. But if you hold some debt, should you invest or pay…
I find, especially in the personal finance niche, to be surrounded by negative connotations about money. I know I’m bad for usually focusing on monetary negatives. When you’re as in debt as I am, it’s hard to see the calm while your within the storm so-to-speak. The world is full of stories about people who…
A friend of mine recently mentioned that he’s saved over 6 figures in retirement funds. No, he wasn’t born into money. He wasn’t given a handout. He’s not part of the 1%. He’s not a lawyer or a doctor either. What he did is something any of us can do. He started saving early, even…
“My friend told me about this mining stock that will spike from $0.001 to $5 over the next 6 months.” WOW, this is a great investment right?…wrong. Almost everyday someone calls me to talk about some hot penny stock that they know is going to take off. They got this “tip” from some co-worker that…
In a perfect world, we enter our years of retirement debt free and ready to enjoy all the fruits of our many years of hard labour. Unfortunately this isn’t always the case. According to a study collected by Statistics Canada, one in three retirees have debt. Though this was a Canadian study, it is probably safe to…
The founding principle behind All Things Finance is this: as a financial advisor JW recognized the financial illiteracy that is rampant in this country. Therefore the need for financial education is immediate. Not just for the novice, but even for someone who regards themselves as a seasoned investor. We like to grow—and want to. If…
Being an entrepreneur takes guts! An entrepreneur should know that it’s no easy task, but the reward if successful is incomparable. They say that over 50% of new businesses fail within 5 years. Did they not work hard enough? Did they have the wrong tools? What was their handicap? “The only place success comes before…
Debt consolidation is topic I know a lot about. My husband and I are currently enrolled in a debt management program, just one of many debt consolidation options. When we first started seeking out different options our emotions ranged from being overwhelmed, angry and finally, relieved. If you don’t do your homework on different debt…
I made my first stock trade back in the autumn of 2007. I had read a few books on investing for beginners by Warren Buffet and also the book The Bogleheads’ Guide to Investing. I knew just enough to be dangerous. And dangerous I was. I made some fantastic trades with 300 to 400% returns,…