Best Retirement Plan Advice
Helloooo everyone, Chloe here! Did you know that your supposed to be starting your retirement plan by age 30? Yup, that’s what I hear! Those financial gurus are pretty emphatic about it. Just in case you don’t have time to keep up with the big bean counters at Money Market News, I thought I’d share 8 pieces of financial advice! (But really don’t take my word for it, ask your accountant 😀 )
Don’t spend what you don’t have.
Apply for a credit card once you start earning money (use it to pay for food and utilities) to start building your credit rating. BUT. . .
Pay off your credit card bill every month – the interest is a killer (goes for pretty much any bill and your taxes too!) If you’re carrying a balance on your credit card or only paying the minimum, cut the card up so you can’t use it until you pay it off.
Life expectancy in Canada is 83.6 years for women and 79.3 years for men. Since most Canadians retire in their 60s, you can anticipate 15-20 years of retirement living.
Cutting the amount of tax you pay on your investments can help them grow and compound more rapidly.
Put away 10-30% of every paycheque into savings. Helps for rainy days and retirement.
Don’t borrow to invest. If things go south, you lose twice over.
“A bull market is a great time to lose money.” Be conservative when the market is active and aggressive when the market is down. Volatile markets lead to cautious investors with almost half looking to safer investments. I have no idea what this means, but it sounded important 😀
And here’s a bonus piece of advice: Buy things on sale!
There you have it – financial advice to help your pennies grow.
She’s got it all Perfectly Planned . . .
Chloe Keay is on the hunt for the perfect sperm donor, but who knew it would be this hard? So many things to consider in a father – sure height and hair color are important, but what about the real issues. How does he feel about bagpipe music? Does he buy the extended warranty? Skittles or M&Ms? She doesn’t want an average Joe. She’s narrowed it down to two candidates and has the perfect plan to pick the heir and the spare.
Staff Sergeant Rip Logan, head of the elite Tactics and Rescue Unit, has a gut feeling that Chloe Keay is trouble. She’s a sexy little spark plug who radiates innocence, but it doesn’t jibe with her suspicious behavior and probing questions. The fact that he’s attracted irritates him. What exactly is she after? And should he go with his gut or follow his heart?
Planning for love – what could possibly go wrong?
Buy it HERE 😀