A Money Coach in Canada

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If you’re like me, you’ve had a few war-wounds with money by now.

One of my own horror stories: for a couple years I faithfully plugged away at giving a mutual fund my precious dollars. I’d invested in a fund that seemed good and no-one told me the company who sold it to me wouldn’t call me up when it was tanking (what did I know? I was just a 20-something kid at the time!). And tank it did. So I took my meagre leftovers and trustingly handed every dollar of it to a stock broker. Then he, literally, moved to the Caymen Islands. By the time the complete carnage was over, I was left with $200 bucks. Really.

Thankfully, a girlfriend coaxed me into joining a women’s investment club. Together, we Twandians learned how the market worked, and honest-to-goodness, never made less than 20% in the five years I was in the club (this includes over the disastrous 2000!)

Now, of course, I know how to choose my own stocks, and also how to keep on top of mutual funds I purchase through an advisor (and I’ve known many fine advisors who haven’t moved to the Caymens).

Financial Turnarounds. If you’d like to inspire yourself by other people’s stories of financial $(#* and back, check out the 100 most inspirational financial turnaround stories.

They’re real, their fun, and there will be a least one that will speak to your own situation. Unless you’ve had a financially perfect life.

About the Author

Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

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