The Three Pillars of Wealth

Expense Management

Efforts to increase income and invest are futile if you can't control spending.


Use compound growth to build long term wealth. Learn about index funds, risk, asset allocation, taxes and Canadian tax sheltered accounts.

Increase Income

Increase your ability to solve problems for others, to boost income and wellbeing.

  • Learn about forced savings to manage your money with maximum simplicity.
  • Shelter, Transport and Food account for over 50% of US and Canadian spending. Spend efforts here. 
  • Understand low-cost Index Funds. They will statistically outperform stock selection and professional mutual fund managers. 
  • Should I use the TFSA, RRSP, or taxable account for my investments? Use this calculator to better understand how the accounts affect after-tax wealth.
  • Invest in your knowledge, skills and habits to improve your ability to solve problems. 
  • Understand the difference between scalable and non-scalable income. 
  • Improve investment income from Pillar 2. 
  • Understand the progressive tax system and how taxes apply to investment income. 
  • Develop a “Side Hustle” to diversify and increase income streams. 

The Personal Finance Formula

The Personal Finance Formula

Core Concepts & Values

A few core concepts and values are laced into the three pillars of wealth. I love concepts because they apply across a variety of personal finance situations.

That’s great, because personal finance is personal. As you can see, personal finance is deeper than money. 

Here are some resources: 

Core Personal Finance Concepts