A while ago, I started my financial independence journey and set sail towards my early retirement with a goal of $2M in family net worth. Once I started this journey, I met a variety of people from bloggers, to families and friends to the casual strangers on the way. Very often, I would get Read More …
Category: Financial Literacy
Blog topics that are related to basic personal finance concepts that every average person should know.
Should You Manage Your Own Investments?
Last week, a very intriguing finance article just popped up on my Google Finance dashboard. The headline of “$21.8M in investment fees was mistakenly charged” strikes my interest and I gotta find out how did such a mistake occurred. Ever since I started to invest for myself, I became a strong advocate for managing Read More …
Would You Borrow Money To Invest?
Recently, I was working with someone close to me to analyze an investment opportunity. Let’s call this person Joe so that I don’t reveal his identity just in case he reads this post and doesn’t like what I have shared. Not everyone is open to sharing financial information or personal stories like me and Read More …
26 Money Mistakes To Avoid
Money. It’s a medium of exchange. We use it in every transaction involving the purchase of goods and services. Our lives revolve around money. Our personal wealth is measured by how much money we have. Every day, we wake up and go to work because the majority of us needed the income from our Read More …
Raising Financially Responsible Kids
After becoming a parent about six years ago, I started to ask myself a simple question, “how do I raise my kids to be financially responsible individuals?” In general, I know that it’s important to be a nurturing and supportive parent to our kids. Providing them with the best environment that we could possibly Read More …
How I Saved An Extra $200,000 By Increasing My Debt
After reading the title of this post, you must be wondering, “What’s going on? Did Leo’s blog get hacked or what was he smoking before he wrote this post?” No, my blog did not get hacked nor was I smoking anything (I am not a smoker). What I wanted to say is that I Read More …
Financial Literacy For Canadians
Recently, the Ontario Education Minister, Mitzie Hunter announced that the ministry of education will start to roll out a pilot financial literacy project for 28 high schools in Ontario. This project aimed to teach our grade 10 students about money and to provide them with more financial literacy. When I read the article, I Read More …
Part 2: How To Improve Your Financial Health
Happy New Year Isaved5k readers. Welcome to the first post (second post if you count my giveaway post) of 2017 and I hope that you’ve had a great holiday and are ready to jump-start 2017 with a bang. I am happy that you are here, which means you are interested in having a healthy Read More …
Part 1: How To Improve Your Financial Health
Every year, right after the Christmas holiday, the fitness advertisements from health clubs, dietitians, exercise equipment manufacturers, weight loss products and exercise programs started to pour in. You’ll be bombarded by television commercials, radio ads, street billboards, ads on public transit, magazines, flyers delivered to your mailbox and even when you are surfing the Read More …