Toronto is alive with the sights and sounds of the Caribbean with the Caribbean Carnival (Caribana) Grand Parade Sunday, and the Island Soul Festival running the whole long weekend. The options for awesome live music continue with Drake’s OVO Fest, VELD Music Festival, Electric Island and the Irie Music Fest.
If you don’t know the answer, you could be headed for a financial trainwreck. If not now, probably soon, says Kevin O’Leary.
When it comes to his own money, the shrewd, sharp-tongued Shark Tank star has long managed it meticulously, even when he was a shy kid growing up in Montreal, Canada. The young “Mr. Wonderful,” now a silver-haired 61, carefully scrimped and saved a percentage of every dollar he accrued, whether earned or gifted. And the multi-millionaire mutual funds magnate still does.
1: Sharing is caring
Your bank account is a personal reflection of responsibility and hard work that you have spent years building (or destroying). It can be difficult to give someone access to something so personal but rewarding to find out you can manage something so important together. The most successful couples have a joint and hold each other responsible for responsible management of their finances. Whether they also have another account for personal use is up to them.
Scientists, scholars and great minds alike have been searching for the connection between money and happiness for years and it’s no secret that the majority of studies conclude that experiences provide more happiness than objects. However, money does in fact correlate to happiness, but not in the way you think it does.
When it comes to saving for your retirement, you should start as soon as you can. Saving for retirement is crucial to securing your future. By the time you are retirement age, you will have many more responsibilities than you have now. Your family will have grown, you’ll have a house to pay for, and many more unforeseen expenses may come up on the horizon. Without the promise of a steady paycheck after you’re 65, you’ll need to begin carefully saving for your retirement now to avoid financial disaster when you’re older. Here are a few helpful tips to make sure that you have everything you need for your golden years:
Many people graduate from college or university owing a considerable amount of money from student loans. These loans may be the only option for paying tuition and room and board while attending school full-time. But like any other form of credit, these loans must eventually be paid back. There are a number of strategies that can be used to lessen the burden of repaying student loans.