Forget About Early Retirement. Instead, Embrace Mini Retirements


The whole FIRE movement is endlessly fascinating, at least to me. I agree with the first half of the acronym, which stands for Financial Independence Retire Early. Financial independence is my ultimate money goal. I'm quite looking forward to the day when I can tell my bosses to shove it. I have no intention to do so--in fact, I quite like my bosses--but I do want the option of knowing I can be fired and not have to worry about where my next meal is going to come from. In fact, I'd argue that employees who are financially independent are…

Should You Borrow Money From Family?


Just about everybody owes money to somebody at some point. Look at the average person's life. They go to college or university, borrowing money for student loans. Then they get out, and need a shiny new car to go with their post-graduation job. So they borrow to buy that. Next comes buying a house, which comes with a massive financial commitment. And throughout it all, many of us struggle with credit card and other debts. The world runs on debt, especially here in Canada. It's rare to find someone who is 100% debt free. It's gotten to the point where we…

The Easiest Way to Save Up For Your Annual Vacation


I'm constantly amazed how quickly we've replaced spending on things with spending on experiences. One big reason for this is the rise of Facebook. As we scroll through our feeds, we see friends who have spent time in all sorts of exotic locales. Their pictures are beautiful, always filled with smiles. These same friends gush about their vacations when they get home. "The food was amazing! The scenery was breathtaking! The hotel was phenomenal!" It's little wonder people so desperately want to travel the world when they're up against that. Some of us take it to a new extreme, quitting our…

16+ Ways You Can Earn Passive Income


Passive income might be the holy grail for many of you reading this. There’s nothing more powerful than getting paid to do (almost) nothing. Many people would love to start earning passive income, but just don’t know how to get started. Here are 16+ different ways you can start earning passive income, today. Dividend stocks This one is simple. You accumulate a little capital, put it to work in stocks that pay dividends, and collect a nice stream of income. Be careful to not be distracted by unsustainable high yields. Real estate Being a landlord is much tougher than many…

4 Easy Ways to Save on Your Cell Phone Bill


It's amazing how quickly we've all become addicted to our smartphones. I didn't even own a cell phone until 2006. Ten years later, I'm officially a smartphone junkie. Whenever there's a lull in the conversation for even a millisecond, I've got my phone out of my pocket looking up the latest nonsense happening on Twitter. How anybody killed time before having a smartphone is a mystery that'll never be solved. With our fancy cell phones come a big financial commitment. People routinely spend at least $100 per month on talk, text, and data plans. I find this preposterous. There's no reason…

Revealed: These Insider Hacks Will Save You Hundreds of Dollars on Groceries


For nearly five years in my youth, I slaved away at a grocery store. I started out as a high school kid, bringing in carts and sweeping the floor, ending as the assistant grocery manager who was regularly left in charge of the whole store. During the five and a half years I spent working in the industry, I picked up a few tricks of the trade that don’t normally make it into articles like this one. These tips will save you money the next time you go to the store. Groceries There’s one really easy way to save money…