Over on TOTS Family we post regularly on frugal living and budget posts. One thing we tend to stay away from is more involved financial advice such as mortgages and investing. There are a few reasons for this – it can be tricky and I believe you should really know what you are doing before you dole out investment advice.
It is not that I do not know what I am talking about – I have been in the financial sector for over 10 years – but when you are dealing with other people’s money, they should also understand what they are investing in. This is not an easy thing to do.
Recently MoneyGeek.ca contacted us and asked for us to share their website with our readers and do a review. MoneyGeek.ca is a premium website. For $45 a year you receive access to investment portfolios and a ton of awesome information. Check out the video below to see a few of my thoughts on the website.
There is so much information in the free ebook. Even if you decide to have financial advisors invest for you (whether at a bank or investment service) you should know what you are investing in. The Short Book of Investments will provide you with much more information then the bank will.
Who knows, maybe you will decide you can invest on your own after all. As it states on MoneyGeek.ca – “If You Can Cook, You Can Invest”.
I have been gushing about MoneyGeek.ca so far but there are a few areas where they could improve. The ebook is a little hard to read (depending on your device you may have to zoom in a bit) and I think the font should be a bit darker and larger. I would rather have a 35 page ebook which is easier to read than a 30 page one. The how-to videos which are on every page of the site are an amazing feature but the volume did not turn off for me when I “x’d” out.
I know, I know those are pretty picky improvements but I have to work hard to find something I disliked. I have been in the financial sector for over a decade and I even learned something by visiting MoneyGeek.ca. Let me know what you think about MoneyGeek.ca in the comments.