6 Ways To Get Better With Your Money!

6 Ways to get better with your money. Start now and follow these six simple steps to get your money better.

  1. Pay Yourself First.  Try starting with $50 each month or 1% of your paycheque. As you feel more comfortable in your ability to save, try increasing your saving rate to 3% or even 5% of your income and build from there.
  2. Create a Budget. If you want to keep it super simple, use a pen and paper. And map out how much you have and what your expenses are. 
  3. Pay Off High-Interest Credit Cards and Lines Of Credit. With interest rates on the rise, make sure you are tackling your credit card and LOC(s).
  4. Automate Your Savings. AUTOMATICALLY set up weekly, biweekly savings, so you don’t have to think about it. 
  5. Invest. Open an RRSP and TSFA🇨🇦. Invest in ETFs.  
  6. Read Personal Finance Books. The more you read, listen and consume personal finance, the more comfortable you feel and knowledgeable.  A personal finance book that I would suggest is “The Simple Path To Wealth.” By J.L. Collins.