A Money Coach in Canada

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Just a quick note to say that for the remainder of May I’m attending 100% to my beta test process and won’t *sniff* be blogging.

I look forward to bringing you thoughts, tips and tactics to handle your money effectively again in June!

Photo Credit: Jan Tik

What goes on in the House on the Hill is not ALL that different than what goes on in your house. It’s just writ large.
They negotiate, forge alliances on some things and will forever disagree on others and they HAVE A BUDGET.

If in your house, your partner or family member wasn’t fully forthcoming about the budget or how he or she spent your joint money, how would you feel?

This video (Thanks, Andrew Coyne) gave me a bit of an AHA moment – I hadn’t previously made such a direct comparison, but now that I think of it, it’s obvious. It’s 3 minutes to watch and don’t panic when he introduces himself. It’s accessible. Just keep doing the mental comparisons between your house and The House.

Dear Groupon and Clorex,

I hear you sponsor NBC’s Celebrity Apprentice.

The stunt Trump pulled, fuelling the whole birthers nonsense, was beyond the pale. I’m not even American and I’m disgusted!

I can only assume he played to the basest, racist instincts of a portion of Americans. Is that who Groupon and Clorex wants to get behind?

I’ll assume so, unless I hear you’ve stopped sponsoring his show.

Groupon, I’ve unsubscribed from your deals effective 13 minutes ago.

Clorox, I was happy with your Green Works line but I won’t be purchasing any more.

I’m voting with my dollar. Trump has disgraced himself, disgraced NBC and disgraced the USA at least in this Canadian’s eyes. Lose him, and I’ll come back.

Photo Credit: Gage Skidmore

A couple weeks ago I said the first step in achieving your hopes and dreams is to write them out. I later said that actually, the first steps should be to begin with the end in mind (which should bring clarity to your priorities) and also to ensure you set your goals into a broader financial context.

Here are 5 further sure-fire ways to achieve your hopes and dreams:

1. Make it tangible. In other words, move it from a general hope (I’d love to be a homeowner) to a concrete goal (I want a 2-bedroom home in Neighbourhood ABC by the time I reach 35 years of age.)

2. Start saving for it regularly, right now. If you’re not willing to start saving regularly, it’s not a goal you’re going to reach anytime soon. If it’s a hope and dream, but you really feel you cannot afford to save even $10/paycheque (if it came down to it) then it may be time to find a way to increase your income or do some serious analysis of how you are currently allocating your income.

3. Hang around other people with goals. There are plenty of people who set and achieve goals. They are usually inspiring and quick to encourage others along the way. Find them. Spend time with them. Let their energy push you along.

4. Create a series of “next actions”. Your dream, whatever it is, will likely have a whole set of constituent parts. Create a list of all the discreet “next actions” that will be required. For Example:
To purchase a home I’ll need a down payment.
Next Action: Start a savings account. next action: find my bank phone number next action: book time into my calendar to call
Next Action: Ask my employer to deposit 3% of my paycheque to the Savings Account instead of my chequing account. next action: print and fill out the form next action: take the form to my employer

5. Create and celebrate milestones. Make one milestone something you can accomplish in the next 24 hours, then another milestone something you can accomplish within a month, and from then on make sure you have milestones at least once a quarter. Find some way of celebrating each accomplishment. It could be, at minimum, updating some sort of thermometer, or it could be a romantic evening with your partner or it could be attending an inspirational talk to simultaneously celebrate and re-energize you to keep going. But mark and celebrate your accomplishments.

Ah! I’m an epicurean at heart, no doubt about it.

I’m too lazy/intimidated to make croissants from scratch and was thus utterly delighted to discover some frozen *these* at my local co-op:
20100703 making croissants 13
Photo Credit: JStove

But that is not all, friends. That is not all.

Consider this image of my stove carefully (don’t pay attention to the clock):

And a last hint:
Photo Credit: cygnoir

I’ll paypal funds for a latte to the first person who figures out what’s got me so excited – a new gentle source of Contentment in my life.

Feature Image credit: konqui

UPDATE: @Al, sir, I’m shooting you a little latte fund! You got it — I put one in the oven the night before and awake to the aroma of freshly baked croissant. Le voila: