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Lessons on Mastering Money in Canada - Featuring Fred Masters

Build Wealth Canada Podcast

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How to Manage Your Cash Flows to Achieve Financial Independence

For those that have already hit financial independence, how do you suggest they manage their cash flows so that they don't run out of money in retirement? Two things come to mind: budgeting and saving until it hurts. When we've reached our financial independence, it's very difficult if you've been a saver all your life to start being a spender. But what you need to do again is spend some time thinking about how can I basically start to spend the cash that I've accumulated.

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