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Month: March 2011

4 Major Impediments to Wealth

4 Major Impediments to Wealth

1. Lack of Financial Knowledge – Our schools interestingly enough don’t teach personal finance concept at any level other than as university courses. Unless your parents have a good basis in personal finance knowledge, and teach it to you, you don’t have a mean to learn it other than teaching it to yourself. 2. Taxes – People need to understand the different types of taxes that are levied on them, and do tax planning to minimize the effect of tax…

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“The 20-minute financial expert” – Article Review

“The 20-minute financial expert” – Article Review

I read an interesting article. Here are my thoughts on it. Source/Issue: “The 20-minute financial expert” , (MoneySense , www.canadianbusiness.com ) Written by: By Ian McGugan and Duncan Hood Key points from the Article: 1. This article attempts to give the reader a good basis on personal finance related topics such as how to save, smart ways to invest, tax tips, how to use leverage for benefit, insurance, will , how to find a financial adviser, and how to retire….

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