If you don't want to read this entire entry, I totally understand. Just review the words I have bolded in red. If these seem interesting, this blog might be for you. In the future, I plan to be doing video posts.

My name is Mario Falconi. My mission with this blog is to increase financial education for myself and others interested in taking this journey with me. I believe this is important because hard working individuals like you and me, deserve to have an equal opportunity for financial freedom. To me, this means many things, but mainly: working because I want to, not because I have to. An increasing amount of people have found themselves in a position with unhealthy amounts of stress due to financial issues such a high debt levels. Also, I don't believe our health and/or wealth should be determined and limited by government officials, large corporations, and greedy bankers. These entities and individuals all stand to gain even when we lose. It just doesn't seem fair. Unfortunately, that's cause it's not. But hey, know one said life was fair, right? Anyways, simply put.....

Nobody is going to care about preserving and growing your wealth, as much as you are.

We just need the knowledge and tools to be able to do this effectively. Unfortunately, it's not something they seem to teach in school. I promise to not be an eternal pessimist throughout this blog, but I definitely see major flaws in the way the world's economic model is structured. It seems to be orchestrated so the very few at the top continually increase wealth, while the vast majority of us seem to lose it. I simply believe that the more financial education we have, the better decisions we will make regarding our financial well being.

The bottom line is this.... Like it or not, money (actually currency, lesson coming soon thanks to Mike Maloney) is an integral part of having a good quality of life. I realize that money alone does not make people happy. Money only affords financial freedom that allows people to spend more time doing the things they love, with the people they love.

Most of us work very hard for our money. I know I do. There is nothing wrong with that, it's probably good for us. I am just looking for the best ways to have my money work as hard for me, as I do for it. I'd like to invest in asset classes that are rising, not that have already peaked. Usually by the time the masses are investing in something, it's usually already too late. The bubble is about to burst. Learn to invest in assets and not liabilities. A simple way to understand the difference between the two is this: Assets are things that put cash in your pocket, liabilities are things that take cash out of your pocket.

A great saying a friend of mine told me is "If you always do, what you've always done, you'll always get, what you've always got." He is absolutely right, and that's why it's time to do something different. It's time to quit relying on other people, and take responsibility for our own future.

I have spent, and continue to spend a lot of time researching information regarding these type of topics. In this blog, I plan to share information with you. In return, I hope you will share your ideas/thoughts with me. Please leave your comments, I appreciate all feedback, good and bad.

More to come soon, thanks for reading :)

Mario Falconi

In the meantime here are a couple interesting links on Canadian debt levels and the Canadian housing market. By the way, if you think Canada has evaded a real estate correction like the US saw in '07/'08, you may want to look have a look.......


Also please learn from my mistake...

My first house was a good learning experience.... don't over develop for your neighbourhood! If you are planning to renovate, make sure you stay on a budget. Do not price your home beyond what comparables in your area sell for. Do your research before you start, and keep a close eye on what is happening in the market. Remember to take emotion out of the equation. At the end of the day, your house is an investment. It's the people inside it that make it a home.

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