I’ve worked in the financial services field, I’ve consulted hundreds of people in the past couple of years, and I’ve tried countless apps, strategies and different financial products on myself. The result has been mixed. I now have have a strong adversity to debt, not sure about credit cards (visa debits are more often than not the best way to go), RRSP’s and TFSA’s are amazing — everyone should be max-ing theirs out — this should actually be the focus of your financial plan and financial planning books are only as good as the saver themselves.
I tend to like to go out, like to shop, buy dinners for old friends and splurge on wonderful weekend adventures around the city and (unfortunately) across the globe. And as such, despite all my own experience with money, the one area I still struggle with is cash flow management — yes, Mint, I do use you, and still it remains an issue.
I’m writing here to share some of my insights on the industry, but more to provide a consumer-centric view of all things related to personal finance, not inclusive of: credit cards, savings account, insurance, housing, cash flow management, budgeting and money management, personal finance apps and so forth. And so I invite you to reach out to me, and dialogue as I share. I look forward to hearing from you!