“Welcome to the PlanEasy blog! We make personal finance easy.

Thanks for visiting.”

 

– Owen

How To Start Saving Money (The 52 Week Challenge)

How To Start Saving Money (The 52 Week Challenge)

Saving money is the cornerstone of a good financial plan. Without a healthy savings rate there isn’t really a way to achieve your other financial goals.

Getting to a healthy savings rate can be a real challenge though. There are so many demands on our cash. Money comes in and goes out so quickly that it can be hard to put some aside.

One awesome trick to help you save money is the 52 week challenge. This is a simple but effective way to get into a saving habit. If you’re struggling with how to start saving money, then this could be the solution.

There are many variations of the 52 week challenge out there but this is my personal favorite…

read more
The BEST Way To Save More Money

The BEST Way To Save More Money

Find yourself going over budget? Always making impulse purchases? Do you know what the problem might be?

Ego depletion.

You’re probably thinking… “What the heck is ego depletion?”

Ego depletion is a psychology concept. When we make lots of decisions or are under a lot of stress, our brain gets tired, our self control starts to loosen, and we start to make impulsive decisions. These impulsive decisions can be a real budget killer.

This doesn’t necessarily impact spending. Ego depletion can cause you to stray from your diet, your exercise routine, or…

Avoiding ego depletion is the BEST way to save more money because it lets you avoid all those extra purchases that really kill your budget.

read more
Our $1M Goal: How We’re Using Our TFSA For Retirement

Our $1M Goal: How We’re Using Our TFSA For Retirement

Goals are important. Financial goals are especially important.

Having a goal gives you something to focus on, it gives you direction. Goals provide motivation, they get you moving.

We’ve had big financial goals in the past. Years ago my wife and I set a goal to pay off our mortgage early. That was our first BIG financial goal. Once we achieved that goal we were hooked.

We find financial goals to be very motivating. They give us a reason to stick to our budget. They give us a reason to control our spending and look for new ways to save. They help us avoid purchases that don’t align with our goals (especially impulse purchases).

We currently have one HUGE financial goal. Our goal is to have $1 MILLION in our TFSAs by the time we turn 55.

read more
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Owen Winkelmolen

Financial planner, personal finance geek and founder of PlanEasy.

“Welcome to the PlanEasy blog! We make personal finance easy.

Thanks for visiting.”

 

– Owen

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How To Start Saving Money (The 52 Week Challenge)

How To Start Saving Money (The 52 Week Challenge)

Saving money is the cornerstone of a good financial plan. Without a healthy savings rate there isn’t really a way to achieve your other financial goals.

Getting to a healthy savings rate can be a real challenge though. There are so many demands on our cash. Money comes in and goes out so quickly that it can be hard to put some aside.

One awesome trick to help you save money is the 52 week challenge. This is a simple but effective way to get into a saving habit. If you’re struggling with how to start saving money, then this could be the solution.

There are many variations of the 52 week challenge out there but this is my personal favorite…

read more
The BEST Way To Save More Money

The BEST Way To Save More Money

Find yourself going over budget? Always making impulse purchases? Do you know what the problem might be?

Ego depletion.

You’re probably thinking… “What the heck is ego depletion?”

Ego depletion is a psychology concept. When we make lots of decisions or are under a lot of stress, our brain gets tired, our self control starts to loosen, and we start to make impulsive decisions. These impulsive decisions can be a real budget killer.

This doesn’t necessarily impact spending. Ego depletion can cause you to stray from your diet, your exercise routine, or…

Avoiding ego depletion is the BEST way to save more money because it lets you avoid all those extra purchases that really kill your budget.

read more
Our $1M Goal: How We’re Using Our TFSA For Retirement

Our $1M Goal: How We’re Using Our TFSA For Retirement

Goals are important. Financial goals are especially important.

Having a goal gives you something to focus on, it gives you direction. Goals provide motivation, they get you moving.

We’ve had big financial goals in the past. Years ago my wife and I set a goal to pay off our mortgage early. That was our first BIG financial goal. Once we achieved that goal we were hooked.

We find financial goals to be very motivating. They give us a reason to stick to our budget. They give us a reason to control our spending and look for new ways to save. They help us avoid purchases that don’t align with our goals (especially impulse purchases).

We currently have one HUGE financial goal. Our goal is to have $1 MILLION in our TFSAs by the time we turn 55.

read more
Page 1 of 1312345...

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