Your Weekend Reading
Quote of the week: “To ensure continuing prosperity in the global economy, nothing is more important than the development and application of knowledge and skills.” Martin Rees
The big news today is the historical “Brexit” vote. Citizens of the U.K. have voted in favour of leaving the European Union which has a number of economic ramifications. Our Economics Department has released this special report: Brexit: And Then There Were 27. Please call if you want to discuss the implications for your own investments.
Now, here’s a sample of some good information that came across my screen that I’d like to share for Your Weekend Reading:
Young Money
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Taking 6 years to complete a 4-year degree is going to cost you a little extra in tuition. But, those extra years in school could end up costing you as much as $300,000.
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Many young people are choosing to be self-employed, choosing to work freelance or picking up contract work. Being self-employed has many benefits and here are 3 profound ways being self-employed will change your life.
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If you’re in the process of making wedding plans, believe it or not the government has some helpful tools for you. Check out this wedding budget worksheet.
Family Finance
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Sadly, the past year in Calgary has seen a lot of people get laid off and there are predictions that more are still to come. It’s a very unpleasant situation, but you can prepare for it. Here’s what to do when you know you're going to be let go.
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Taking care of your kids when they’re young is a given but these days it’s quite common to have adult children living at home for some time. At some point a gentle nudge out the door is in order but it can be a tough decision for a parent to make. This article explores when it's time to stop financially supporting your children.
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Debt, financial emergencies, and retirement – these are 3 things that can cause stress in people’s lives and here's how to tackle each of these issues.
Thoughts on Retirement
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This week we saw some modifications proposed for the Canada Pension Plan. Here are 5 things you need to know about the proposed CPP changes.
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There has been some criticism of the CPP changes, but for a different point of view, here’s why we should be celebrating the decision to expand the CPP.
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There’s no denying that getting older has its ups and downs, but there’s no sense dwelling on the negative aspects. Instead, let’s look at 10 good things about getting older.
Just for Fun
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I saw a funny meme this week that said “I’m so old that I’ve actually dialled a rotary phone, while listening to an 8-track, next to a black & white TV with aluminum foil on top of its rabbit ears antennas.” I can relate, although I preferred vinyl records to 8-tracks. And, I still have a lot of vinyl and I'm glad I kept my records because they’re back in vogue as Boomers and millennials are fuelling the surge behind record sales.