Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

Mr.Coffee · 06-30-2009, 07:24 PM

I read this book, and do the 10% thing. Good idea and makes you feel more comfortable, don't even think about the money.

Also took a personal finance course in univ like someone else in this thread, was pretty good. Did a personal projection to see how much money I'd thought I'd need at retirement- kind of like the poster in this thread stated about his prof including all those items. Was a real eye-opener if you wanted a decent lifestyle while taking into account the time value of money.

Also a good idea, maximizing RRSP's, but that's fairly obvious I think if you can. I just like it because you can't remove it for anything but home buyers plan or your kids going to school (tuition rule..I think).

As an aside, is our society surprised that the majority of people have BRUTAL money handling skills when it's not taught very well at any level of primary education? I never learned 1/10th the amount of stuff in school about personal finances from what I learned after in post-secondary and going out and reading about it on my own.

06-30-2009, 07:24 PM	#31
Mr.Coffee damn onions Join Date: Mar 2006 Exp:	I read this book, and do the 10% thing. Good idea and makes you feel more comfortable, don't even think about the money. Also took a personal finance course in univ like someone else in this thread, was pretty good. Did a personal projection to see how much money I'd thought I'd need at retirement- kind of like the poster in this thread stated about his prof including all those items. Was a real eye-opener if you wanted a decent lifestyle while taking into account the time value of money. Also a good idea, maximizing RRSP's, but that's fairly obvious I think if you can. I just like it because you can't remove it for anything but home buyers plan or your kids going to school (tuition rule..I think). As an aside, is our society surprised that the majority of people have BRUTAL money handling skills when it's not taught very well at any level of primary education? I never learned 1/10th the amount of stuff in school about personal finances from what I learned after in post-secondary and going out and reading about it on my own.