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cash flow

Prosper

A Side Hustle Could Be Your Best Investment

You can always find statistics that show our collective financial pains…unemployment rates, low minimum wage, can’t afford to retire, many people have less than $1,000 in savings, at a time when the average indebted household owes more than $16,000 on credit cards etc etc. The merry-go-round of depressing news never ends. But, what should we do? Lay down and die? Could a Side Hustle Be Your Best Investment Yet? While you can certainly settle for your salary and make the…

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Prosper

Your Own Free Market

Free Market at it’s best, always benefits the most people as Milton Friedman explains in this video. What brings people together and induces them to co-operate and produce outcomes far more amazing than any individual can do alone?? Good question!! Fostering harmony and peace in the world is undeniably one of the global results. One of the most empowering business models of all time, that will elevate the average person’s life financially, is one that thrives in free market capitalism …Network Marketing. Average people are…

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Prosper

Retirement Income Planning

I’m not really laughing, but it is somewhat humorous that 34% of the populace look at winning the lottery in order to have a grand retirement. Can you afford to retire? How will you fund your retirement? (BMO Financial Group survey, March 2014) • CPP: 90% • RRSPs: 88% • Part-time job: 59% • Sell home: 49% • Win lottery: 34% No one ever said growing old would be easy. Take for instance, the increased health concerns, intensified wrinkles (I recommend products to…

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Prosper

Saving $100,000.00 ?

Check out this Royal Bank of Canada suggestion to “better” your life..photo below!!! Ha ha. Let’s pretend you wanted a bit more than $410.89 per month in retirement…how about a modest $3000.00/month so you could live somewhere other than on a park bench. That will require about 8x the savings, so $800,000.00 in the bank. How yah doing with that savings plan? Or maybe you’re stashing money in an RSP/401K. Have you ever figured out just how much you’d need in your RSP/401K to…

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