Debt and Financial Chains
Are you creating a massive financial chain to drag around your financial life? Debt is the chain that will drag your financial life as sure as Jacob Marley’s did.
Are you creating a massive financial chain to drag around your financial life? Debt is the chain that will drag your financial life as sure as Jacob Marley’s did.
Don’t be afraid to live with your parents? What if your parents (who love you) don’t want you to move back in with them? Ever thought of that?
How long are you going to live ? This is a crucial part of your retirement planning, if you plan to live a long time you’ll need MORE MONEY!
Big Cajun Man emphasizes the importance of considering one’s health parallel to finances while planning for retirement. Regardless of the ease of pension planning for civil servants, if one is unfit or deceased, all the financial preparation is meaningless. He emphasizes regular exercising, in his case going to the gym, to sustain healthy knees and heart in elder years. He also implicitly discourages smoking by correlating it with his father’s immobilized retirement conditions and urges smokers to redirect their smoking expenses towards retirement and start exercising.
Remember when the TFSA limit was $10,000 for a while, those were happy times, even when we thought it was for Rich Folk’s benefit.