Posts Tagged: Tough Times

Retirement Savings: On your shoulders

My grandparents had great pensions, and my parents have OK pension plans. Me though? I have none. The most I’ve been offered by any employer, is a group RRSP. It used to be commonplace for employers to guarantee their employees a specific pension payout for remaining loyally employed with the company. However, in recent years, a lot of employers have...

Unexpected Expenses, Your Budget’s Worst Nightmare

Unexpected expenses are, hands down, usually the biggest budget breakers out there. (An unexpected expense is anything that you did not foresee or plan for in your budget.) A clinical look at all cash flow for three full months, including all income and expenses, is one of the first exercises we conduct when working with new clients. During this time,...

Emotion: Where Budgeting Misses the Point

A lot of people are under the impression that having a budget, or being able to create a budget, is all they need in order to get ahead of their finances. In reality, this is not the case for most of us. People fail with their finances because money is far more emotional than any budget might suggest. It’s one...