Financial Coach Ruthy

New Blogpost up! Our transition from a Financial Advisor to DIY investing with a discount brokerage Questrade. #womenandmoneysolutions #nowgoandbeintentional #investintips101 #debtfreecommunitycanada #personalfinanceforwomen #livingintentionallyeveryday #discountbrokerage #indexandchill #passiveinvesting #indexinvesting #Canadianinvesting #DIYinvesting #vanguardindexinvesting #vanguard #learningandgrowing ... https://www.financialresuscitationwithruthy.com//the-after

Even though I am leaving my beautiful country in less than 90 days, doesn't mean that I won't be continuing to coach. Thanks to awesome technology, I will still have access to the internet and would love to coach you! #financialcoaching #generosity #buildingwealth #investintips101 #debtfreemoney #moneymentor #coachingabroad #financialtips #financialindependence #budgetplanner #consumerism #everydaymillionaire #moneycoach #moneymentor #Canadianmoney #debtfreecommunitycanada #womenandmoneysolutions #womenandmoney #personalfinanceforwomen #personalfinance #livingintentionallyeveryday #nowgoandbeintentional

Well, we are almost 90 days into the new year. How's it going so far? Are you following a plan to reach some of your goals? With less than 90 days left before we hopefully leave the country on a family adventure, we are approximately 63% towards our goal that we had hoped to save within a year. We keep making our budget each month and trying to stick with it. ... Now Go and Be Intentional towards your goals! #financialcoaching #generosity #Globalhealth #MercyShips #financialtips #financialindependence #budgetplanner #moneycoach #moneymentor #Canadianmoney #debtfreecommunitycanada #nursingmom #personalfinanceforwomen #personalfinance #livingintentionallyeveryday #nowgoandbeintentional

I recently finished reading a really cool financial book called "Quit Like a Millionaire" by Kristy Shen and Bryce Leung. One of the few financial books that made me cry in the first chapter. Maybe you won't cry. Bryce and Kristy are one of those few Canadians who have achieved Financial Independence and Retired early at the ripe age of 31.... This is their advice from their book about how to Invest in Indexes and as a nurse who likes to follow algorithms, this makes the process of deciding what to do a bit easier! 1. Pick an Equity Allocation: You determine your own level of risk tolerance and whether you want to have 100% equity and 0% Bonds or 100% Bonds and 0% Equity or somewhere in the middle. Kristy and Bryce chose 60% Equity and 40% Bonds 2. Choose which Index to track: there are plenty of different indexes out there to choose from. And you can choose more than just one. You can choose a Developing nations Index, a Canadian Index, an American Index etc. Keep in mind that the American market makes up a large percentage of the world's stock market compared to Canada. According to their book, Kristy and Bryce have their money invested in 33% EAFE (Europe Australasia and the Far East) 34% Canadian Market 33% USA Market 3. Pick your Investment Funds: There are a variety of different companies that provide ETFs in the indexes that you have now chosen to track. For example, there are Canadian Banks like BMO or the TD Waterhouse Brokerage where you could purchase Index Investments from via ETFs or you can go through some discount brokerages such as Questrade or Wealthsimple to purchase ETFs, where you could purchase Indexes from companies such as Vanguard. You might be thinking, this is just like shopping, too many choices! If you are still undecided, Kristy and Bryce suggest "The cheapest one that tracks the index that you want." 4. Rebalance: now time to rebalance so that your investments continue to follow the plan that you set out. Kristy and Bryce suggest only selling an asset when that asset’s allocation is above target. and remember that "Rebalancing forces you to ignore your two major investing emotions: greed and fear." #financialcoaching #beginnerinvesting #buildingwealth #investintips101 #moremoneymoreproblems #moremoneymorehappiness #financialtips #financialindependence #budgetplanner #consumerism #everydaymillionaire #moneycoach #moneymentor #Canadianmoney #passiveinvesting #investmentfees #debtfreecommunitycanada #indexinvesting #indexandchill #CanadianFIRE #womenandmoneysolutions #womenandmoney #personalfinanceforwomen #personalfinance #livingintentionallyeveryday #nowgoandbeintentional

New Blogpost about our upcoming Adventure! We leave in less than 87 days! Check out what Mercy Ships is all about.... https://www.financialresuscitationwithruthy.com//all-aboard #financialcoaching #generosity #Globalhealth #MercyShips #Volunteer #MercyshipsAcademy #financialtips #financialindependence #budgetplanner #moneycoach #moneymentor #Canadianmoney #debtfreecommunitycanada #nursingmom #personalfinanceforwomen #personalfinance #livingintentionallyeveryday #nowgoandbeintentional

Celebrating Women this Week! New Blogpost: https://www.financialresuscitationwithruthy.com//are-women... #financialcoaching #investintips101 #womenempoweringwomen #buildingwealth #investintips101 #financialtips #financialindependence #budgetplanner #moneycoach #moneymentor #Canadianmoney #debtfreecommunitycanada #womenandmoneysolutions #womenandmoney #personalfinanceforwomen #personalfinance #livingintentionallyeveryday #nowgoandbeintentional

According to Chris Hogan's study of 10,000 Millionaires: Majority of Millionaires have driven away with a newer but not brand new car without a car payment. I think that the question to ask yourself is...are you car payments killing your ability to build wealth for the future?... If you can afford a brand new car without a payment, than awesome do it! Go for it! If not, then you likely need to look at saving up for that car instead or potentially building up your future wealth and then buying a brand new vehicle after you have accumulated some funds via compound interest through your investments. It would seem that this is the route that most Millionaires have gone. What would you prefer? Pay now with interest or pay later without interest? Now Go and Be Intentional! #financialcoaching #yegsmallbusiness #yycsmallbusiness #moneymentor #Canadianmoney #budgetplanner #worthitintheend #financialtips #mortgagefree #financialindependence #FIRECanada #womeninfinance #womenandmoneysolutions #buildingwealth #investingtips101 #investingtips #everydaymillionaires #intentionallylivingeveryday #nowgoandbeintentional

Chris Hogan's "Everyday Millionaires" book: Sacrifice and Choices! Those are big words! We all want more options, more opportunities, more choices! but we don't necessary want to sacrifice more than we have to.... But what is something that we are willing to sacrifice for? I love the quote "Being Intentional gives you options." I'm personally willing to sacrifice some of my free time to make some intentional choices like setting up a budget, or learning a new skill so that later, I will have more options! I don't like the idea of being backed into a corner with limited options. It's a suffocating idea to me. It reminds me of how exercising can feel uncomfortable and tiring in the beginning and can be painful at times but it is definitely rewarding and worth the pain! but I love how it provides more options to allow my body to move more freely. Now Go and Be Intentional in your sacrifices! #everydaymillionaires #budgetbabe #budgetplanner #worthitintheend #financialcoaching #buildingwealth #Canadianmoney #mortgagefree #financialindependence #FIRE #slowFI #debtfreecommunityCanada #yegsmallbusiness #yycsmallbusiness #intententionallivingeveryday #nowgoandbeintentional

Happy Family Day in Alberta! Continuing with Chris Hogan's study of 10,000 Millionaires in the U.S.: I like to look at this list of habits or actions of Millionaires and take some comfort that they are consistent in their habits and actions, even after they have become millionaires.... Is it truly a habit, that they continue doing without thinking? or Are they continuing to be intentional with their frugalness? or Is it what keeps them in the Millionaire category? How tight are these Millionaires and their budgets? It seems fairly tight if they are spending less than $200/month on restaurants! and if they are still using coupons and a grocery shopping list! What do you think? I think this is encouraging that becoming frugal becomes a way of life. You continue to get true value from your purchases instead of being wasteful and extravagant in your purchases. For myself, budgeting gets easier and more predictable over time for everyday purchases. And the habit of saving up for a larger less frequent purchase also becomes a habit versus impulsive spending. Now Go and Be Intentional! #budgetbabe #frugalliving #coupons #Canadiancoupons #financialcoaching #investingtips #investingtips101 #everydaymillionaires #moneytipsformillenials #debtfreecommunitycanada #buildingwealth #Canadianmoney #moneymentor #livingintentionallyeveryday #nowgoandbeintentional

Happy Valentine's Day! I wanted to show you how my boys made me feel loved. They lovingly crafted this copper rose for me for Valentine's day! It is so beautiful and I love the thoughtfulness and creativity behind it! You probably can't see all the details in this picture but there are soder marks that look like water droplets on the petal and little lines on the leaves that represent the veins on the leaves!... I love it! Thanks Boys! See more