Remarriage brings its unique set of conditions around the issue of money, primarily the financial shadows from the past. Preparing for it is a great way to avoid conflicts in the future. Bob & Janice Bob came in to refinance his home to pay for his daughter’s wedding. He had a small balance owing on his mortgage. His wife, Janice, thought that since he was using the equity on the home to pay for his daughter’s wedding, she requested that they consolidate all of her unsecured

We are all familiar with the belief that “the love of money is the root of all evil.” But what if we changed the narrative and saw the root of money as a vessel for spreading love? Almost sounds sacrilege, but is it? Money often gets a bad rap, and people with large sums of money are often looked at with envy and suspicion. And amidst the din of consumerism, it's difficult to see money as anything else other than a source of numbing our pain or pursuing our pleasure. But can

Happiness Around The World During my travels over the last few years, and to prepare for my project, ‘Buying Happiness Around the World’, I have asked people from different parts of the world what happiness means to them and what made them happy. I wanted to learn if there was a consistency across the globe in what happiness was and if we all found happiness in the same things. We Are Different What I learned surprised me. In answer to my question, “what is happiness?” most p

What would you do with your life if you had all the time and money you'll ever need? Managing your time and money is key to helping you achieve your goals and live the life you want. Imagine for a minute how your life would be if you had all the time and money you'd ever need. It may be a far stretch to imagine such a life, especially if you've felt like there's never enough time in a day or money in your bank account. But what if you did have an extra hour or two a day? And

As we enter enter the holiday season we will be inundated with message about what we "must" buy to make this holiday season a success! Science tells us that what motivates all behaviour is either the avoidance of pain or the promise of pleasure. From working to eating to sex, and, including why we shop is all motivated by either the avoidance of pain of the poursuit of pleasure. This holiday season be mindful about what motivates your spending. Why do we buy things? What moti

Good Debt vs. Bad Debt Getting out from under bad debt is necessary if you are hoping to achieve your financial goals. “Good debt” is debt incurred from purchasing appreciating assets. Assets such as a house and investments. “Bad debt” is debt incurred from purchasing depreciating assets. Assets such as a brand-new car, clothes, furniture (except for antiques), electronics. How To Get Out From Under “Bad” Debt Revolving debt such as debt on credit cards and lines of credit ca

Divorce is financially and emotionally a stressful event. Knowing how to navigate your finances during this time will help minimise the collateral damage that can result from the divorce. Source: Canva “Money may not buy love, but fighting about it will bankrupt your relationship” — Michelle Singletary - Ben and Jen Ben and Jen had been married for over 20 years and had two teens. They decided to separate. Six months later, they sold the family home, and Jack bought a new hou

Source: Canva Choosing a good advisor is key to your overall financial well-being. A study done by the investment firm, Vanguard, shows that working with a financial advisor can increase your investment returns by 3%. Russell Investments puts it closer to 3.75% But what makes for a good advisor? Whether you’re looking for an advisor or have already been working with one for ten years, here are some questions to ask yourself when choosing a financial advisor: Is The Advisor A