Waverley Wealth

Those with substantial wealth are less concerned about luxury items for the sake of image and they leverage their money to generate more money. Here are a few tips anyone can use to build and protect your wealth.

25 Secrets Millionaires Won’t Tell You About Their Everyday Habits It's not all champagne and caviar. Here’s how rich people maximize their money—and how you can use their tips to build up your own nest egg.

When you research the best interest rates for your debts and assets, you can maximize your money over time. Learn more about the highs and lows of rates and get interested in your interest.

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Have you heard of money dysmorphia? Shame is among the most common and powerful emotions associated with money and personal finance, and this shame can lead to not seeing our financial situation clearly.

How do you mange your perception of money?

Managing Money Dysmorphia Dysmorphia occurs when our perception does not align with reality, and it can show up in many different ways.Money dysmorphia refers to a psychological condition when individuals have an inaccurate view of their financial situation. This can result in detrimental financial habits like excessive spen...

We have all heard of girl math, but where should we draw the line when we use internet trends to justify our spending habits?

Are these popular online finance trends actually good for your bank account? Loud budgeting, the little treat economy: An expert weighs in on five online spending and saving hacks

Dysmorphia is when our perception is not aligned in reality, and we can experience it in different ways. Younger generations are experiencing "money dysmorphia" and that can have negative consequences. On one hand, it may look like you aren't taking care of yourself to save every cent, or on the other, you are too impulsive by consistently overspending your income.

Where do you fall on the spectrum?

"Money Dysmorphia" Is Heavily Impacting People In Their 20s, 30s, And 40s. Here's What To Know Although the experience is common among millennials and Gen Zers, it can affect anyone, no matter how much is in your bank account.

Have you considered using a financial advisor? They can educate you about your finances, and find opportunities to make more money and save tax. They can help you assess your needs as your life changes and hold you accountable to reach your financial goals.

Learn more about the advisor effect:

The Effect of an Advisor The value of an advisor is in their ability to hold you accountable to your financial goals and keep you on track

"Now that your money has outlasted you, it will be awesome to see how the government divides your assets. Governments always make amazing decisions about other people’s money."

Your willpower is only as strong as your Last Will and Testament, and everyone has reason to write a will. What is holding you back?

Top 10 Reasons Not to Write a Will - Kirk Montoute Dawson LLP The COVID 19 Pandemic has spawned a number of recommendations that people write or update their Wills. I am revisiting this blog post to inject some levity.

They say the gods laugh at our best laid plans. If you consider having kids, how has that changed your financial plans?

Children will change the future. How will they impact your financial plan? "Life is what happens to you while you are making other plans.” - John LennonWhen you quit your job to change career paths or have a baby, life changes. You have more constraints on your time and new responsibilities to take on. Financial advice should always be personalized to you, and major life...

25 timeless personal finance tips from MoneySense - MoneySense www.moneysense.ca

Everyone needs an emergency fund, but how do you start saving?

The best way to save for retirement in your 20s - MoneySense Financial experts often tell young people to start investing early to benefit from compound growth. But what if you can’t afford to save for retirement yet?

Most of us are familiar with a savings account, and making interest while funds sit in an account. When it comes to investing in fixed income and equities, it can be a little more complicated. There are tricks to the trade everyone can learn.

PS : You can use AI to invest better than a pro, set up deposits automatically on payday, and pay yourself first. Reach out to our team for questions!

How to Invest in Stocks: Quick-Start Guide for Beginners - NerdWallet Learn how to invest in stocks, including how to select a brokerage account and research investments.

What goes up, must come down and we see this in real estate.

When interest rates rise, prices drop creating a buyer's market. As of November 2023, the prime rate of the Bank of Canada is 7.2%. Once interest drops, the interest you owe in your monthly mortgage payments will drop and your principal outstanding will not increase, so you end up paying far less in interest once interest rates drop back down. Over the last 15 years, we have seen rates drop historically low and we likely will not see that for a while.

What can you do to prepare for purchasing your first home in the next five years?

Things could get interesting next year for young people priced out of the housing market One of the best things a young buyer can do to prepare for buying a home in 2024 is to build a high credit score