What you Need
What you need in life is fairly simple, most of the time, it is what you already have, not all those things you want. Stop yearning for more.
Dress for a Job Fair not The Beach
Dress for a Job Fair, don’t just show up like it is a day at the beach, these could be future employers, show some respect. If you want them to even remember you, show them respect and you might be surprised.
Living Without Water
It is important to remember the rule of 3: you can last 3 minutes without air, 3 days without water and 3 weeks without food, but no, it is not that dramatic in my part… Read More »Living Without Water
You Need a New Set of Golf Clubs
A new set of golf clubs will always help your golf game, or at least that is what the club pro or the guy at the pro shop thinks, at least. Kind of like when you talk to your investment guy about your portfolio?
The Locked In Factor
Feeling locked in isn’t just a tech problem—it happens in finance too. In this post, I reflect on how I ended up financially locked in by sticking with familiar but underperforming investment products like mutual funds in my kids’ RESP. Despite better options like ETFs being available, I stayed put out of habit, convenience, or the illusion of safety.
Inspired by the concept of technological lock-in, I realized this mindset also affects our financial decisions. We often cling to what we know, even when better alternatives exist. The key takeaway? Regularly re-evaluate your financial choices. Just because something worked before doesn’t mean it’s still your best option.
Keywords: locked in, financial decision-making, RESP, mutual funds vs ETFs, investment strategy, financial planning, Canadian finance
