After the long weekend will it be Boxing Tuesday in Ontario, with many stores opening up? Will there be retail mayhem? This and many other great financial opinions and discussions this week, a month into the #COVID19 lockdown.
Today is Ash Wednesday and that means in the Christian world that Lent Begins. For many folks this is a time of reflection, and a time of sacrifice. I don’t really buy into that, I view this more as a time of reflection and growth.
This Lent try to add things to your 40 day journey to help you grow as a person. Some great financial ideas might be:
Read. Read financial books, read philosophical books or just read something. Reading expands your mind.
De-Clutter: I really like this idea. Many Churches are jumping onto the Marie Kondo de-cluttering bandwagon. Try to get rid of 40 bags of things that you can donate to charity. Don’t use it as an excuse to buy other crap though.
Get out of Debt. If you want to celebrate at Easter, start getting rid of debt now.
Did you realize that the 40 days of Lent means you can take every Sunday off? Do the arithmetic, from today until Good Friday, that is more than 40 days.
I haven’t written one of these in a while, so I do have a bit of a backlog on things I have written. Stock Picks for the end of the year, was me simply checking what my picks did over the year. I think it is not too bad, given the whacky year 2018 was.
Tangible Financial New Years Resolutions was pointing out the importance of doing measurable resolutions for the New Year. Yes, it has been a while, since I wrote one of these. CPP and EI for 2019 gives us the rundown on how much we’ll have to pay for CPP and EI this year. Remember to be careful telling folks when you have finished paying CPP.
The Daily Stoic an email list I subscribe to had some very good advice about debt.
Be wary of debt. Because it is not simply a financial matter. It can be a spiritual matter as well. For to owe can mean to be owned. It can mean that you’ve given up the little bit of control you have in the world and handed it over to a capricious or an insensitive person—or just somebody who values their money more than they value you.