Pound Wise & Penny Prudent

  • Majestic mountain in the Rockies

    Vacation Your Way on a Budget

    16th May 2023 by

    Still groggy, with the early morning sun filtering through the blinds, I can make out a shape moving stealthily to my side of the bed. Our eyes meet, my 13-year-old daughter grins sheepishly, “sorry, mom” grabbing my mobile from the side table. My husband rolls over, puts his arm around me, and we drift back… Read more

  • Simple Hacks for Women to Bridge the Retirement Savings Gap  

    8th May 2023 by

    As we celebrate International Women’s Day, I was disheartened to read, in this Mercer report, women experience a 30% retirement savings gap. The report examines 14,000 group retirement plans and highlights recently retired women have an account balance that’s $30K less than their male counterparts. In sharp contrast, recently retired men leave the work force… Read more

  • Your Map to Financial Freedom

    14th Apr 2023 by

    What does financial freedom look like for you? Is it hiking through the Himalayas, putting the kibosh on trading time for money or Playing with FIRE (Financial Independence Retire Early)? Find out if you’re slipping into a financial coma or on the path to #financialfreedom. This article was originally published in FASHION magazine.

  • The opportunity cost of money.

    Budget Your Way to Wealth

    10th Mar 2023 by

    Learn how budgeting and financial literacy pave the path to wealth & freedom of choice. Last night I overheard my daughter gently chastising her father, “Dad, don’t press too hard with these markers, they were very expensive.” A few weeks back, we started discussing buying alcohol-based markers. She explained the colour is more intense and… Read more

  • RRSPs: How Fees Wreak Havoc on Returns

    17th Feb 2023 by

    Over coffee, conversations with friends sometimes turn to money, specifically, investing for the future. “I met with my advisor and contributed to my Registered Retirement Savings Plan (RRSP).” Got to love tax-deferred savings, I silently cheer. Inevitably, and reluctantly, I ask the next questions, “Have you asked your advisor what (i.e. mutual fund, ETF) you’re… Read more

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