Category Archives: Banking and Investing Tricks

Mint.com – Makes keeping track of your Finances easy!

expenses

You cannot improve what you do not measure. I have learned this mantra in business but have seen significant benefit in my personal finances. Hopefully, like me, you’ve diversified your investments investments, not only in different financial products but at different financial institutions. It becomes a pain in the a$$ to keep track of balances and performance individually. Well, there’s an app for that! Mint.com is a web based service that allows you to track balances and transactions from a variety of financial institutions all on one easy to use user interface.

RESP vs RRSP – What to prioritize? what works for me?

RRSP vs. RESP: Which should I prioritize? A question I have often asked myself. This time, a long time friend was the one to bring it up. Let me take your through some of the key differences of each to better help you make your own decision.

Should I prioritize contributions to an RRSP or should I choose to max out my children’s RESP first? This can be a fairly long and complex article, so I will do my best to summarize and possible do a deeper dive in the near future.

the answer?: IT DEPENDS!

Trying To Improve Your Personal Finances? Follow These Basic Steps for Best Results

In today’s difficult economic times, everyone is looking for ways to improve their personal financial situation. The key to successfully managing your personal finances, is knowledge. This article is jam-packed with tips and advice that, if applied correctly, will help you to get a handle on your personal finances and upgrade your life.

You should never risk more money on a trade than you can safely afford to lose. This means that if you lose any money it should not have the potential to destroy you financially. You have to make sure to protect any equity that you might have.

Money: Manage it and Reap The Rewards

budget management

You’ve done it. You’re ready to get your personal finances on the right track. Now’s the time! You probably have tons of questions on managing money,how to start, what to do. Fear not, this article can help you. Listed below are some tips that will help you to start improving your personal finances.

Negotiate with businesses to improve your personal finance. If you are not happy with the prices or fees a bank is offering you, speak with a manager. This way, you can see what they can do to get them lowered or removed. You would be surprised to know that most of the time this actually works.