INVEST IN YOURSELF YOU WILL GET THE GREATEST RETURNS

INVEST IN YOURSELF YOU WILL GET THE GREATEST RETURNS

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    Investing in yourself is the best thing you can do for yourself, not just for the future returns but also because of the current payoffs. Investing in yourself can take several forms but at its core it serves to increase your human capital. Wikipedia defines human capital as: “The stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value” In life, I’ve realized that a lot of us simply do not spend the time or money needed to invest in ourselves (the only one guaranteed investment in life) instead we give money to others by investing in the stock market, the latest gadgets, the newest cars, better homes, and so on – items that depreciate, or have wildly volatile returns. And all of this is fine and great, but imagine what could happen if we…

What You Need To Know About Your Credit Score

What You Need To Know About Your Credit Score

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Earlier this year, I sought pre-approval for a mortgage only to find that I was not eligible for the lowest interest rates. I later found out the reason I was ineligible was because of my credit score. When I tell you, I was shocked! This made me check my credit rating for the first time; so I ordered my credit report (for free, nonetheless). I found that my credit rating was not excellent, or even good, but a “fair” rating…FAIR! I noticed there were some errors on the report, and that an unpaid phone bill had been sent to collections (I blame it on my study abroad year in my third year of university, when I literally had no cares in the world!). So this year, I embarked on a journey to fix my credit score and my credit rating has improved by almost 50 points, to a good rating!…

4 Things I Wish I Was Told About Money As A New Grad

4 Things I Wish I Was Told About Money As A New Grad

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You’ve finally graduated from university! You might be one of the lucky ones that get a job right out of university, or you might not be as lucky. Whatever, the case may be, no one told you that adulting would be this hard. You suddenly have to start paying all these crazy bills, including your student loan (if you have one), and have to start thinking about crazy stuff like getting married … or even having kids. *Shit just got real* There are lots of things I wish I was told about money and adulting when I first graduated. A year after my graduation, and there are 4 things I know now, that would make your life much easier as a new grad:        1. Treat Your Credit Card Like A Date That’s Too Good For You Credit cards come with a lot of problems and responsibilities and…

Are Credit Cards A Good Idea?

Are Credit Cards A Good Idea?

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Credit cards can be a huge relief, especially when you hit a rough patch, and if you’re like me your credit card is incorporated into your everyday life. Credit cards have numerous benefits, but if you’re not careful they can go from being a great financial safety net to being a source of grief really fast! So how can you make sure credit cards are never a pain? Before I even begin, do the following descriptions pertain to you? I use credit cards to purchase items that I could not otherwise afford with my debit card I don’t pay off my credit card in full every month If either, or both, of the preceding statements apply to you, then no, it is not a good idea to use credit cards. Stop using credit cards, or stop using them until after you read through this. It’s easy to think of a credit…

What To Do When You Run Out Of Money Before The End Of The Month

What To Do When You Run Out Of Money Before The End Of The Month

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… I Have Too Much Month Left At The End Of My Money We’ve all been there: It’s barely week 3 and you’ve gone over your spending allowance for the month. You might be in one of 2 situations: 1) You make a budget, you try to stick to it. You’re doing well, and then suddenly something unexpected happens.  2) You’ve just been naughty. You eat out all week and make that cheeky purchase (hey, I don’t judge). But whatever the case might be, you’ve run out of money and there’s too much month left at the end of your money. It’s too late to tell you you should have saved more in an emergency fund and it’s too late to tell you not to have bought the pair of shoes that were on sale since you can’t get a refund now (or you’re too fond of them). So what…