Archive for the 'Financial Planning' Category

Preparing for death

Preparing for death

I am at an age where my parents and in laws are getting old. Going to funerals of aunts, uncles and parents of friends is becoming a more frequent event. As we all get older, there are steps that we can make, or help our parents with, that can make it easier for others to […]

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Live the lifestyle you can afford, not the one you aspire to have

Live the lifestyle you can afford, not the one you aspire to have

A common question I get from clients is “how can they afford it?” referring to other people they see living the life that they want. A lot of people then fall into the trap of pursuing the lifestyle that they want, even if they can’t afford it. Income, income, income Unless you inherit wealth young, […]

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Enjoy your kid's achievements with them

Enjoy your kid’s achievements with them

My daughter is in 1st year and plays hockey with her school. They had their league quarterfinal recently. It was on a Tuesday at 3pm. I had a busy week that week but it meant a lot to her that someone was there. My wife doesn’t have the flexibility to get away but working for […]

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Eating BBQ in Texas

“After turning 35, men must make a decision; to either get really into World War 2 history, or really into smoking various meats”. While I do own an unread copy of The Rise and Fall of the Third Reich, barbecuing is my thing. I am still very much a novice and have a lot to […]

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Losing weight and building wealth

Losing weight and building wealth

The new year is a time when lots of people make resolutions for lots of people. The most common one for people is to lose weight. Another one is to get your finances in order. And belief it or not, the two have a lot in common. Always be checking When you are trying to […]

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Being normal

Being normal

Last Friday morning, Jürgen Klopp dropped the bombshell that he will be stepping down as manager of Liverpool Football Club at the end of the season. He gave an in-depth interview for the club’s tv channel for his reasons for leaving. Even if you don’t follow Liverpool Football Club or aren’t interested in football, it […]

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Organising ongoing expenses

Organising ongoing expenses

My wife and I have a household account that we use to pay all our domestic bills. All the usual direct debits come out of this account (food shopping is separate). I was updating the total costs for 2023 over the Christmas break and decided to have a look back at past records to see […]

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Setting short term goals for long term benefit

Setting short term goals for long term benefit

Building wealth is a slow process and usually takes decades to do. This can make goal setting difficult for most people. How does a 30 year old stay focused on the goal of retiring at 60 years of age? They have another lifetime to go through before they get to their goal. Life will change […]

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Are you on the same page about your finances?

Are you on the same page about your finances?

Almost half of all marriages in the US end in divorce. The number one reason given is disagreement about finances. It is quite common for couples to have different views on money and what they are trying to achieve. You don’t have to have the same approaches to money but you need to understand what […]

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Will we have a debt in retirement problem?

Will we have a debt in retirement problem?

The second blog article I wrote way back in July 2013 (we are now on blog 472) was the 6 biggest mistakes retirees make. The number 1 mistake that a retiree can make is carrying debt into retirement. Ten years later and my view hasn’t changed, I still think it is the biggest mistake a […]

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