Suppose you got an extra $10,000 this month. Do you know how to invest that money? While many people think that finding the perfect traditional investment fund in stocks or bonds is the answer to growing wealth, there are many other factors to consider. Choosing a traditional fund with a market beating return and low fees for an investment in the stock or bond market is only one part of your money pie. Here are a few other factors beyond simply knowing how to invest. Do you have debt with a higher interest rate than what you’ll likely earn on that money? If so, would it make … [Read more...]
Happy Independence Day!
July 3, 2012 By 1 Comment
The celebration of Independence Day both in the U.S. and Canada this week presents the perfect time to think about another type of independence; financial independence. Everyone has their own definition of financial independence. What’s your definition? Financial independence goes way beyond knowing how to create positive cash flow or even learning how to invest. Here are a few ideas for defining financial independence: Having enough money to choose if, when, and how to work. Knowing you can maintain a standard of living you love throughout your lifetime. No alarm … [Read more...]
Connect and Expand with Women
September 13, 2010 By Leave a Comment
In discussing the possible end of our book group, my dear friend Marie recently pointed out that throughout history women have gathered and supported one another. They would regularly visit while quilting, canning or knitting. Now that this tradition is not as common, women still need to find ways to connect and support each other. While household chores brought women together more often in the past, now we are also drawn to gathering to expand our minds as well as being creative. It is amazing that this would have once been forbidden, and still is in many places globally! In creating my … [Read more...]
