November has been designated as Financial Literacy Month (FLM) by the Financial Consumer Agency of Canada, a Federal Government body tasked with educating consumers about financial products and services. As part of FLM, Glenn Cooke of Life Insurance Canada organized a campaign by Canadian bloggers who published their best financial tips below in reverse alphabetical order. If I missed yours, let me know and I’ll glad to add it to the list.
- Spend Smart, especially in college (The View From Here).
- Take a sound framework to stock picking (Pat McKeough of The Successful Investor).
- Think Critically! (Timeless Finance).
- Save for retirement by paying yourself first (Sustainable Personal Finance).
- Don’t fall into the credit card trap (Solutions Financial).
- Don’t spend more money than you have (Self-Help Happiness Blog).
- Buy a basket of simple, low-cost ETFs (Sage Investors).
- Spend Wisely (Rewards Cards Canada).
- A five-pack of money tips (Retire Happy Blog).
- When buying a home don’t forget closing costs (ratehub.ca).
- Pay yourself first (My Own Advisor).
- Be connected to your finances (Money Smart Students).
- Take a long-term view of your finances (Money Smarts Blog)
- Be bad for the economy (MoneyMasterMom).
- Pay down credit card debt and stay out of it (Money Crashers).
- Don’t expect your financial advisor to steer you clear of market downturns (Michael James on Money).
- Maximize your TFSA (The Loonie Bin Blog).
- Why ‘how much’ should be your key insurance decision (Life Insurance Canada).
- Plan ahead to get ahead (HowToSaveMoney.ca).
- Shop for the cheapest drug dispensing fee (GroceryAlerts.ca)
- Understand your spending patterns (Freeat33).
- Budgeting is the key to financial success (Finance Fox).
- Avoid Mutual Funds (The Dividend Pig).
- Start investing now! (Dividend Ninja).
- A five-pack of ideas to get you started (A Dawn Journal).
- Pay off debt (Canadian Finance Blog).
- Keep your investment plan simple (Canadian Couch Potato).
- Buy a home you can comfortably afford (Canadian Capitalist).
- Budget! (Canadian Budget Binder).
- Track Your Spending With Quicken (Blunt Bean Counter).
- Make more money (Boomer & Echo).
- Get out of debt! (Blonde on a Budget).
- Just do it! (Balance Junkie).
- Avoid high-fee mutual funds. (Avrex Money)
And last, but not the least, Canadian Money Forum members shared their money tips here. There were a couple of interesting tips (such as this one) in there that normally one wouldn’t think of.
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10 responses so far ↓
1 Robb // Nov 19, 2012 at 12:40 pm
Thanks for rounding up these tips for us, CC. Good tips in the CMF thread, too.
2 SavingMentor // Nov 19, 2012 at 6:51 pm
It was great to be part of this event and I hope that Glenn or someone else organizes all the bloggers to do this again next year!
3 My Own Advisor // Nov 20, 2012 at 8:16 am
Great list and a very good initiative by Glenn.
I hope this is an annual event.
Mark
4 Money Smart Students // Nov 21, 2012 at 6:51 am
Thank You for putting this list together with sites and subjects! This was a great idea and it was a pleasure taking part. Hope it becomes a yearly event. Cheers!
5 Canadian Capitalist // Nov 21, 2012 at 10:51 pm
Thanks for your comments guys. I don’t think I’ll be doing this next year. Too much thankless work and not much fun.
6 Weekend Reading - Giving thanks U.S. style, a good week and great blogs // Nov 22, 2012 at 9:41 pm
[...] Canadian Capitalist provided a great roundup of articles associated with the “My Best Financial Tip” campaign spearheaded by Glenn Cooke of Life Insurance Canada, a campaign that encouraged Canadian bloggers to publish their best financial tip over the last week. This was mine in case you missed it. [...]
7 Flagen // Nov 23, 2012 at 10:53 pm
I loved the special “be good to your partner” tip!
And I would add… if you can find a partner (treat them right and keep them), it is a very nice thing financially. We have many single friends and we’ve really seen how tough it can be for them to get ahead in any meaningful way. In contrast, after 20 years together and a reasonably frugal life, we are doing a lot better. Heading out to buy flowers…
8 The Saturday Weekend Review #6 November « Canadian Budget Binder // Nov 24, 2012 at 4:09 pm
[...] Bloggers Offer Their Best Financial Tip- The Canadian Capitalist [...]
9 Best of Blogs - TFSA limits are rising // Nov 30, 2012 at 3:03 am
[...] November is Financial Literacy Month and MoneySense shared a whole list of links with their post about how Bloggers Offer Their Best Financial Tips. [...]
10 Dec 17: Best from the blogosphere « Save with SPP // Dec 17, 2012 at 2:32 pm
[...] November was Financial Literacy Month and Glenn Cooke of Life Insurance Canada organized a campaign by Canadian bloggers who published their best financial tips. Links to all of them appear in this blog from Canadian Capitalist. [...]
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