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Mom & son personal finance bloggers on their own individual paths towards financial freedom. We.. offer a unique perspective on saving, investing, and personal finance from two generations.

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Other Tags: money, savings, investing, finance, wealth

Latest Blog Posts

  • Weekend Reading: Easter Edition
    on Mar 26, 2016 in Around the Blogosphere
    I filed my taxes this week – both personal and for my small business – and came away pleased that I didn’t owe anything extra on the personal side and that my business taxes for 2015 came in less than expected. I’ve mentioned...
  • From The Boomer & Echo Mailbag: Your Tax Questions Answered
    on Mar 24, 2016 in Taxes
    It’s tax time and we’re answering your burning tax-related questions, such as deductions for locked-in retirement, pension income, and medical expenses, filing your taxes before receiving all of your slips, and declaring income generated...
  • Managing Multiple Financial Goals
    on Mar 22, 2016 in Financial Goals
    Looking at your finances and trying to figure out how to deal with multiple goals can be frustrating. We want it all – who doesn’t? But for most of us it’s not that easy. Which goals do you save towards first, second, and so on? How do you...
  • An Investing Guide For Beginners
    on Mar 20, 2016 in Investing
    Young readers often ask for investing tips and wonder how to get started. My typical response is that once you have a good handle on your finances – no credit card debt, student loans fully paid (or close to it), some cash saved up for emergencies,...
  • Weekend Reading: Sell or Hold Edition
    on Mar 19, 2016 in Around the Blogosphere
    When faced with an investment that has substantially increased in value one of the hardest decisions investors have to make is whether to sell or hold. A reader of behavioural psychologist Dan Ariely’s blog asked this question about an investme...
  • Help! Will My Air Miles Expire And Become Worthless?
    on Mar 17, 2016 in Rewards Cards
    The Air Miles rewards program underwent major changes back in 2011. First, the popular loyalty program phased out the ability to redeem Air Miles for gift certificates and instead introduced a new feature called Air Miles Cash as a way for its me...
  • Are You Cut Out To Be A Landlord?
    on Mar 15, 2016 in Real Estate
    Buying an investment property is a popular option for many Canadians looking for different ways to invest their money. Rental properties can provide you with steady monthly income and could appreciate in value over the years. But are you cut out to b...
  • Filing Taxes: Free Software, Costly Accountant, or Something in Between?
    on Mar 13, 2016 in Taxes
  • Weekend Reading: Pursue Your Passion Edition
    on Mar 12, 2016 in Around the Blogosphere
    I’ve argued before that doing what you love won’t necessarily pay the bills and so the best way to pursue your passion might be on a freelance basis or as a side business while you maintain a regular day job. This blog is a perfect exampl...
  • Money and Happiness
    on Mar 10, 2016 in Personal Finance
    A famous study co-authored several years ago by Nobel Prize winning psychologist Daniel Kahneman offered some fascinating insights into the relationship between money and happiness. The study, which analyzed the responses of 450,000 Americans, reveal...
  • Why An Emergency Fund Is Still A Necessity
    on Mar 8, 2016 in Personal Finance
    There have been a lot of news items (CBC news example) about massive layoffs resulting in bankruptcies, money crunches, and home foreclosures that I wonder if the financial planning concept of having an emergency fund is passé. Lots of people don’...
  • Nest Wealth vs. Wealthsimple: A Tale of Two Robo-Advisors
    on Mar 6, 2016 in Investing
    If we’ve learned anything over the past 10 years, thanks to the likes of Uber and Netflix, it’s that no industry is immune to the impact of disruptive technology. Now Canada’s big banks and wealth management firms have been put on notice: The r...
  • Weekend Reading: Working On The CFP Edition
    on Jun 7, 2014 in Around the Blogosphere Links
    I’ve spent the last few months completing the first of four online courses for the CFP certification program.  The four courses include retirement planning, risk management and estate planning, strategic investment planning, and income tax plannin...
  • Why SCENE Rewards Is One Of Canada’s Hidden Gems
    on Jun 5, 2014 in Rewards Cards Rewards
    We don’t go to the movies too often any more because we either need to find a babysitter or else we haul the entire family to the latest kids’ flick (and there’s only so much Frozen I can take). But recently I’ve uncovered a hidden gem among...
  • Taxes And Your Investment Income
    on Jun 3, 2014 in Taxes
    Now that the tax deadline has come and gone, it’s a good idea to review your return to identify any missed opportunities and changes you may be able to make this year. In particular, you should look at your investments to make sure they are still m...
  • How Much Do You Need To Save For Retirement?
    on Jun 1, 2014 in Retirement
    In your 20’s and 30’s, retirement is so far away that you can barely see it on the horizon.  The best way to get there is to save what you can afford – say 10 percent of your income – and then readjust your compass as you get closer and have...
  • Weekend Reading: Crazy MLM Scams Edition
    on May 30, 2014 in Around the Blogosphere Links
    I’ve been following an incredible story in the U.S. where the blogger behind Lazy Man and Money had his identity revealed and received death threats for exposing a multi-level marketing (MLM) scam. LifeVantage, makers of a diet pill called Pro...
  • Why Tax Free Savings Accounts Are Still Misunderstood
    on May 27, 2014 in Investing
    The 2008 Federal budget introduced the new investment vehicle called the “Tax Free Savings Account.”  It allows Canadians aged 18 and over to contribute the dollar limit for the year, plus any unused contribution room from previous years and any...
  • We Who Are About To Die, Etc
    on May 22, 2014 in Estate Planning
    Someday, you’re going to die. Thankfully, it probably won’t be at the hands of some enormous gladiator with a mace and a pet lion, but no matter how you go, take a minute right now to imagine what will happen next if you leave a spouse behind...
  • 5 Questions To Ask Your Money Manager
    on May 20, 2014 in Investing

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