8 Simple Rules

* 1 - Have Fun

• Choices

• Attitude

• Effort

    " Have to VS. Choose To "

* 2 - Have A Plan

• Setting Goals

• Road Map

• Direction / Purpose

• Measure Of Performance

     " A Goal Is The Ongoing Pursuit Of A Worthy Objective Until Accomplished "

Goals Must Be..........

• Yours

• Meaningful

• Flexible

• Specific & Measurable

• Challenging & Executable

• Aligned With One's Value

• Well-Balanced & Realistic

Should Include Contribution & Need To Be Supported

* 3 - Have Common Sense

• Get Real - " How is that working for you? "

• Challenge Everything

• Create

* 4 - Spend Less Than You Owe

• Pay Yourself First: 10%-12%

• 20% For Risk Management - Buy Insurance

• Create A Budget

• Get A Note Book & Give It 3 Major Categories - House, Auto, Food. Should Be Less Than 70%

* 5 - Own More Than You Owe

• More Assets

• Less Liabilities (Debts)

* 6 - Protect What You Can't Afford To Lose

• Life Insurance

• Disability Insurance

• Critical Insurance

• Long - Term Care

• Segregated Funds

• Annuities

* 7 - Minimize Taxes

• Tax Freedom Day Is Approximately On June 27th

• RRSP'S

• RESP'S

• Life Insurance

• Trust (Tax Lawyer)

• "Wills"

* 8 - Give Back

• Charity's

• Community