One of the best things about being a Singleton is that you alone are responsible for your financial choices. You need not debate each purchase nor do you need to compromise with anyone about how your household’s money will be spent. You have the freedom to choose which of your life’s goals to pursue and […]
It is ridiculously easy to incur as much vehicle debt as much as possible – aka: more than absolutely necessary – when buying a new set of wheels. You simply have to do the following three things: borrow as much as you possibly can, get a really high interest rate; and pay the absolute lowest […]
Last week, I was fortunate enough to travel to Ireland for the very first time. And I loved it! The Emerald Isle is gorgeous, from its rolling green hills to its beautiful canals to the innumerable cows & sheep & horses to be seen from the motorways. The people are warm and friendly, cheerful and […]
This post is going to be short and sweet. If you’re new to the world of personal finance, the following gems are the building blocks of wealth. If you’re an old hat at the mastery of money, then I would ask that you forward these greatest hits on to anyone who might need them. If […]
You’ll always know where your money goes if you track your expenses. As trite and obvious as that sounds, I’m always amazed by the number of people who don’t do this simple task. Have you ever experienced getting a paycheque then wondering where all of your money has gone? If your answer is yes, then […]
As the warm days of spring roll in and push harsh memories of winter to the recesses of your memories, you may find yourself enjoying the sunshine and asking yourself: What is exactly is dollar-cost averaging? I’m here to tell you that DCA can be a powerful tool for investors. In a nutshell, dollar-cost averaging […]
Recently, I had a discussion with someone who was worried about credit card debt. For ease, Gentle Readers, I shall call this person Oscar. Oscar’s niece owed over $10,000 on her credit card and Oscar was beside himself! It seemed that Oscar’s niece had been fleeced by an acquaintance who was not repaying the borrowed […]
Do you want to know a secret about burnout? Here it is… almost everyone keeps burnout a secret from everyone else. I’ve attended many graduation ceremonies in my time, my own and those of loved ones. I’ve also had various mentors over the years. While they weren’t all great, they all taught me something valuable. […]
This week, I was very sad after reading an article in the Walrus about how so many people in Canada go hungry on a regular basis. The article reminded me that being able to eat every day is a privilege that I take for granted. I have enough money so I can go to various […]
This week, I managed to save myself $250 per year for the next two years simply by sitting on hold for roughly 15-20 minutes. I think the resultant $500 that will stay in my wallet is a good reward for navigating the phone tree, talking to three different people, and asking for what I want. […]