You Don’t Need to Love Math to Love Finance

Can you hate math and still get rich?

Confession: I hate math… And right now you’re all sitting there thinking ‘But Sarah if you hate math so much then how the heck did you end up working in finance and writing a blog about money?!’  You’re not wrong to be a little confused, but let me try to justify my life choices. For as long as I can remember, math was always my least favourite subject in school. I struggled through, but my brain just wasn’t built to comprehend algebra and trigonometry. I have memories of my engineer (aka math brain) Dad attempting to patiently walk me through my […]

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Is Investing Scary?

Why aren't millennials investing as much as prior generations?

Are you saving money every month? If yes, where does that money go? Into a savings account at the bank or into an investment account like a TFSA, RRSP or trading account? Do you buy stocks, mutual funds, or ETF’s? Or do you stick with the security of cash, money market funds, or GIC’s? Or are you sitting there reading this wondering what the heck I’m even talking about? There are no wrong answers, but let’s be honest, some yeses are better than others. Millennials Aren’t Investing Even though many millennials have started saving for retirement, the proportion of their […]

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10 Free Things I’m Loving Right Now

You don't have to spend money to find something you love.

I have a bad habit of spending money online when I’m bored, and this becomes more noticeable when the weather cools down, and I spend more time indoors (browsing the internet). Anyone else have the same problem? I also find that this time of year has me craving a wardrobe refresh, even though I don’t need new clothes. To keep myself from spending money I try to distract myself with things that are free. I’m kind of like a dog. If I’m kept busy and entertained, then I won’t get into trouble. (cue cute dog GIF) In honour of the […]

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Some Jerk Stole Your Identity…What Now?

What to do if your identity gets stolen?

The recent Equifax hack has plenty of people concerned about identity theft and curious to know what steps they can take to keep their information protected. I’ve been lucky (knock on wood) and have never had to deal with a serious case of identity theft. I have had fraudulent charges on my credit card, but that’s so common now that it almost feels like a right of passage. Those are fairly easy to deal with. In my experience, I was able to contact my credit card company and have the charges overturned within a week. That meant I was never actually out […]

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The Equifax Hack and its Canadian Impact

How the Equifax Hack Impacts Canadians

Hey guys, I know I don’t usually have a post for you on Mondays, but I wanted to stop by today with a quick update about this Equifax breach. By now you’ve likely heard about how Equifax was hacked and a whole bunch of people are now at risk of identity theft because they’re personal information was compromised. It’s a bad situation. A huge, messy, complicated problem that is affecting many people, including those of us in Canada. But I’ve never heard of Equifax, so I must be safe… Not so fast. Unfortunately, even if you haven’t heard of Equifax, […]

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Mapping My Money

Mapping My Money

There has been a trend going around in the personal finance community recently, and that’s creating your money map. This all stems back to two bloggers (Apathy Ends and Budget on a Stick) who published their money maps and inspired the rest of us to do the same. Today I’m jumping on the bandwagon and sharing mine. So what is a money map? For any of you who haven’t already seen one of these posts somewhere else, you’re likely wondering ‘what the heck is a money map?’ Simply put, it’s a fun little graphic showing where your money comes from […]

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Is Your Money Protected?

What protection do you have if your financial institution fails?

Do you know what would happen to the money you have invested with an investment advisor or in your savings account at the bank if the institution were to go under? Chances are this isn’t going to happen, but you just never know. Large banks and investment firms have gone insolvent in the past and will in the future. The good news is there are forms of coverage out there to protect you and your money in the unlikely event that this does happen. Today we’re going to look at what protection is available to you across five different sectors […]

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Would You Move Back In With Your Parents?

 Have you ever had a moment as an adult where you’ve seriously considered moving back in with your parents? This could have been because of a job loss, or a break-up, or because you just wanted to get serious about paying off debt or saving money. Or maybe you’ve never jumped ship to live on your own. With the increasing costs of renting or buying a home, it’s becoming more and more common for millennials to live with their parents. According to US data, 15% of 25- to 35-year-olds were living with their parents in 2016. That is an increase […]

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The Case for Delaying Marriage

Marriage… That wonderful institution where you commit yourself, for better or for worse, to another person for the rest of your life (well, in about 50% of the cases). I’m not against marriage…not at all. But I was also never the little girl who dreamt of her wedding day. I wasn’t some sort of feminist super-child. I played house, and with Barbies, I guess I just never considered a wedding worth my imagination time. Some things never change 😉 For those of you who have been around the blog for awhile, you’ll likely be familiar with at least some of […]

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10 Steps to Organized Finances

Maybe you’re sitting there looking through credit card statements and bank transactions wondering how the heck you got yourself into this financial mess. Or maybe you think you’re on the right track but not quite sure what you need to work on next. Today I’m going to break your finances down for you into 10 steps, so you have a coherent plan (and a fun little infographic) to follow. The system is straightforward, but I’m not going to tell you it will be easy. Paying off debt, saving money and applying for insurance require you to do some work and […]

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