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A Single Sacrifice Is All It Takes To Retire Early

Last night I met with a colleague of mine who said she didn’t have any money to invest in her retirement. As it turns out, within five minutes I found several instances where she was believing her own lies. 313 more words

Financial Freedom

Pay Attention to the Small Things, Because They Add Up Quickly!

Short term pain for long term gain. Many people will avoid spending $100-200 to replace their lights with a more efficient alternative.

Recently I replaced the last 16 bulbs in my house with LEDs, the investment of $128 will break-even in less than 18 months and save me approximately $2,000 over the next 20 years. 113 more words

Cashflow Management

Our Love for "Luxury" is Costing Us Our Freedom

Does that $30,000 kitchen renovation really make you that much happier? Did you need granite countertops, new stainless steel appliances, built-in double ovens and recessed ceiling lighting? 969 more words

Financial Freedom

What Happens to Assets of Incapacitated Person? (Part II)

Last month we discussed on the topic of incapacitated property owner and the legal difficulties surrounding the issue. This month, we will look into what the property owners and family members can do prior to and after the unfortunate event of incapacitation. 1,470 more words

Cashflow Management

What Happen to Assets of Incapacitated Person? (Part I)

Generally, according to act such as Income Tax Act, “incapacitated person” means a minor or a person adjudged under any law to be in a state of unsoundness of mind, whereas for some circumstances, we may use incapacitated to refer to “persons with disabilities” include those who have long term physical, mental, intellectual or sensory impairments which in interaction with various barriers may hinder their full and effective participation in society. 1,177 more words
Cashflow Management

Due Diligence: The Difference Between a Successful and Failed Investment

Performing your due diligence when considering a real estate investment opportunity is the single most important step to ensuring an investment that meets your expectations. 579 more words

Cashflow Management

Can you keep great tenants from leaving in the first place?

Published in Canadian Real Estate Wealth magazine

So can you keep great tenants from leaving in the first place?

“Definitely,” says Brent Mondoux, who has been investing in the Ottawa area for a number of years. 459 more words

Cashflow Management