Have you ever stuck to a New Year’s resolution? Me neither. It doesn’t take long for the best of intentions to get side-tracked by something more urgent, tempting or simply more comfortable and familiar. In many ways, our resolutions fail because they take time and repetitive effort when there is a myriad of opportunities to change our minds. This year take 30 minutes to set yourself up for success.

 

Click here to read the full article on GoldenGirlFinance.com

Ah, retirement! Finally, we can live exactly the way we want to. In my case, that’s learning to cook international cuisines, dancing with Javier Bardem on a beach in Bali, and relaxing in a Muskoka chair surrounded by our beautiful, multicultural grandchildren.

I encourage my clients to dream of their ideal retirement as well as planning for what is inevitably an unsettling experience— going from a steady pay-cheque to drawing upon savings to cover expenses. Few people have reliable and inflation-adjusted employer pensions any more. Fewer still, have sufficient investment portfolios to produce enough income to live on. The reality is we’re all concerned about outliving our money and this can— and often does—prevent us from fulfilling our retirement dreams.

 

Click here to read the full article on GoldenGirlFinance.com

Through their annual “Grow a Moustache” campaign, Movember has raised awareness of men’s health issues. Paying homage to it, I created a campaign I call “No-Spender”—a month-long initiative to promote an awareness of our spending habits in advance of the most difficult time of the year: December holidays.

 

Click here to read the full article on GoldenGirlFinance.com

I help clients achieve their financial goals. Sounds simple, right? Well it can be, when they identify what they are. I mean, how can you reach a goal if that goal hasn’t been articulated? How will you know when you get there? And, what happens if your spouse’s goals conflict with your own?

Okay, I’ll just admit it: financial planning is my super-power. I can project your financial future on all sorts of metrics: net wealth, future income levels, vulnerability to inflation or investment return fluctuations, and tax liabilities. What I can’t do is choose what’s important to you.

 

Click here to read the full article on GoldenGirlFinance.com

I never trusted commercials that claimed that a snack “tastes good and is good for you”. That just didn’t match my own experience. I feel the same way about finances: what is good for my pocketbook doesn’t usually match my appetite to spend now.

Savings doesn’t just happen: you have to plan for it. But if you are anything like me, there’s almost always something more pressing. A colleague just offers you concert tickets. There’s a leak in your basement. Your kids’ or grandkids’ birthdays are coming up.

That’s why everyone needs an easy savings strategy.

 

Click here to read the full article on GoldenGirlFinance.com

In the 70s, in my “home ‘ec” class we learned rudimentary cooking skills and how to thread a sewing machine. In other words, lots of “home”, not much “‘ec”. It’s no wonder that so many of us have little-or-no financial literacy.

When it comes to getting financial advice, it’s hard to understand the differences between the various professionals willing to offer it to us. For example, what’s the difference between a “financial planner” and a “financial advisor”?

 

Click here to read the full article on GoldenGirlFinance.com