Philosophy in Money Management
If the purchase of a book or an hour spent listening to a radio show or watching a television program teaches you something that makes a concrete difference in your behaviour and, at the end of the day, means there is more money in your portfolio for you to spend during retirement or give to others, then by all means read those books or watch those videos. However, all these resources are meant really just to provide details around an existing, healthy approach to money and wealth. Conversely, without a healthy approach to money management, then a full toolkit of tips and tricks cannot serve the same purpose.
I will not get into the details behind appropriate techniques for saving, vehicles in which to place those funds, or approaches to long-term investing. There are entire libraries of thought that are available with information on those topics. Instead, I want to expand on what it means to have a healthy approach to money management, focusing on the basics.
Ultimately, this is about choice…the potential is huge to fully enjoy your income now and in the future.
Jamie Gillingham, proprietor of Riverdale Tax, has lived in the Danforth neighbourhood of Toronto for over a decade. His experience spans several industries, including electronics components distribution, market research and consumer packaged goods.
Toronto and surrounding areas.