Debt Solutions Blog

Personal finance author David Bach is perhaps best known for his trademark phrase “The Latte Factor.”  In short, Bach suggests that by cutting out some of the small extravagances in our lives, like fancy coffees or lattes, people can save money for their futures, and with the power of compound… Read more

People equate financial freedom with being rich. What exactly is “rich” anyway? Ask a dozen people how much money they’d need to feel rich, and you’ll get a dozen different answers. Give them some money, ask them again, and watch the bar for “rich” rise. If, like me, you define… Read more

I’m a big believer in budgets. I’ve had one since I was about 20 years old. It’s changed a lot over time, but I’ve always had the guide firmly in place so I know what I’m going to do with my money. And so I know where I can “steal”… Read more

“Either you control your money or it controls you.” T. Harv Eker I grew up in a household where money wasn’t talked about. Which is unfortunate because both my parents are good money managers: they believe in saving, living within your means and not carrying consumer debt. However, not wanting… Read more

Being good with money isn’t just about making lots and lots of it. It’s about learning what to do when you get your sticky paws on it. There are heaps of people making big money who don’t have two red cents to rub together. Driven by emotion or determined to… Read more

There are a few subjects in personal finance as controversial, or at least in multi-opinion generating, as the question of who, when, and how much to tip. Is a 15% gratuity the standard for a restaurant visit? Is it 20%? How much should you tip the pizza delivery dude? Your… Read more

Credit card rewards programs can provide us with a nice bonus when used carefully. The downside is they can often tempt us to overspend and any bonus that we get can be quickly erased. Another point to keep in mind is that if you can’t pay the balance in full,… Read more

This is a guest post by the experts at Ratehub.ca Bankruptcy is a scary thing. It was likely one of the most stressful times of your life, but once you’ve officially received your discharge it’s time to get on with your life. You’ll likely want to start rebuilding your credit… Read more

We often make the most common money mistakes.  None of these bad choices from Gail Vaz-Oxlade should be a surprise to you, but if they are, it’s time to do something better. As Gail says, don’t be a money moron. You’re procrastinating on making a will. More than half of… Read more

When I was a kid I had a red yo-yo. In fact, I still have it and every once in a while, when the mood strikes me, I wrap the string around my finger and give it a whirl. It gives me no small amount of joy every time I… Read more