If there’s something we all hate, it’s debt. Whether we use debt for the “right” reasons like bills, schools and housing and some may argue its hard in this day and age to live debt free – debt is a thorn in our side. It forces us to repay the principal and interest and hinders… Continue reading Debt – The Four Letters we Dread the Most
ETF’s — Taking the Market by Storm
These days, youngsters are very cautious when it comes to investing their money. After hearing all the horror stories from 2008 – youngsters have lost faith in the overall market which has resulted in confusion on where to seek out returns from – resulting in a significant portion of money being left as cash. While… Continue reading ETF’s — Taking the Market by Storm
Summer Shopping Spree – The Best Deals in Town
When it comes to summer time, summer and shopping go hand in hand. The sidewalk sales and summer collections are out and consumers flock to the great deals. We all continue to search for the best deals and discounts. Many times when it comes to retail, we scout out places beforehand looking at websites and… Continue reading Summer Shopping Spree – The Best Deals in Town
Going All in on GICs – Not as Crazy as it Sounds
Investment wisdom states that as we age our portfolio exposure to high risk products should drop and more of our money should be sheltered to protect us from market windfalls. In turn, the younger we are, the riskier our portfolio should be with a greater exposure to stocks and mutual funds and a smaller reliance… Continue reading Going All in on GICs – Not as Crazy as it Sounds
What’s the Best GIC out There?
Dear Readers, This week we will be continuing with our topic of Guaranteed Investment Certificates – GICs. Personally, I find nowadays, many of us have been left with a sour taste regarding interest rates. With all the rate cuts we’ve experienced its becoming increasingly difficult to earn a good rate of return at the bank… Continue reading What’s the Best GIC out There?
GICs -Basic but Never Boring
Here comes the juicy stuff. For the next few weeks, I will be writing a mini-series of posts on Guaranteed Investment Certificates or GICs. GICs are relatively simple investments to purchase and comprehend and usually come with little risk. That’s not to say they are not useful – they are still widely used today and… Continue reading GICs -Basic but Never Boring
Why Your Chequing Account is Holding you Back
Dear Readers, If the banking industry has something going for itself today its their attractive chequing accounts. Chequing accounts are central components of our daily lives today. Nowadays, we depend so much on our debit cards, recurring bill payments and money transfers and they have formed the foundation to our financial lives. However, the problems… Continue reading Why Your Chequing Account is Holding you Back
Meet my Best Friend – my Credit Card
You may be wondering why I think credit cards are useful in getting you more money. Usually, we associate credit cards with high interest rates, uncontrollable spending and debt. On the other hand, if you’re like me, I see a little plastic card that can be like another investment for me. Through getting rewarded for… Continue reading Meet my Best Friend – my Credit Card
Get More Money by Filing Your Taxes
Dear Readers, ‘Tis the Season. Not that season, tax season! Many of us dread this time of year, getting together receipts from a year ago for that tax thing can be such a pain and the glamour that comes with filing taxes can be unappealing. However, if you’re like me you look forward to hopefully… Continue reading Get More Money by Filing Your Taxes
What in the world is Interest and Why Should I Care?
Dear future millionaires, Today marks a new start in your financial futures. The days of not knowing what do with your money are long gone. As are the days of stashing it under your pillow or behind the toilet tank or wherever you put it are over. I’m here to tell you there are so… Continue reading What in the world is Interest and Why Should I Care?