So you opened a savings account immediately you got that dream job five years ago and you have been putting money into the account religiously, so why do you keep getting a statement that shows that you barely have anything but crumbs in your savings account when the bank isn’t stealing from you? The answer…
I am sure you are wondering what colors have to do with money and how come you have one. Well allow me to explain. The amount of money we earn, save and spend is driven by our personality and beliefs, which drive our choices. In short, our money color reflects our overall personality, lifestyle and…
Our love of warm weather, the need to take a break from hectic work schedules to recharge our batteries or our children’s holiday from school are some of the valid reasons many of us give for taking vacations during summer months. However many individuals and families return from vacation completely broke and/or in debt, and therefore spend the subsequent…
My last post (https://ourfinancialcoach.com/2012/02/16/women-employment-and-money-101/) has ‘landed’ me in a few long conversations with a number of my friends; after one of these conversations last night, I thought I’d write a few words that can perhaps help people, particularly women, immigrants and people of the Muslim faith (who are concerned about the issue of interest) navigate…
Did you know that? Women are less likely to get retirement benefits from their employers? This is because women are more likely to work for employers who do not offer a retirement plan. Women often earn less than men, therefore women in the USA receive less Social Security income than men due to the fact…
If I ask you how much of your last paycheck you spent on car repairs, clothes or home maintenance, there is a high probability that you will be able to give me an accurate figure or a close estimate within an hour. But you will probably not be able to give me an answer within 24 hours…
Can you imagine what happened at the office today? We were all expecting a decent Christmas bonus to be announced when the CFO called a meeting. Do you know this man starred at us for a few moments and began saying “Ladies and gentlemen, as you know, we have had a very challenging year, the…
So you shop there all the time, in fact its your favorite store in the whole wide world and to top it all up, you get a 15% discount on your purchases when you sign up for the store credit card. So in your mind and according to the friendly and persuasive clerk at the…
Financial matters can be quite overwhelming. There are so many resources out there and many experts giving great advice, but when it really comes down to it, most individuals are at a loss on how take all the information out there and apply it to their own unique situation. Knowing where to begin especially for…
Welcome to http://www.ourfinancialcoach.com, your personal guide to understanding, establishing and implementing smart and sustainable financial goals. The recent lingering global financial crisis and recession has left many unemployed, in debt and generally financially distressed. Many employees and enterpreneurs now face tough financial decisions and uncertainty. The challenges of meeting regular financial obligations, paying for children’s education, health care and planning for…
