Category Archives: Budgeting

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

If you’re like many people, a mortgage is the biggest financial commitment you will make in your life. Because it is such a big obligation, it is important to understand how mortgages work. Let’s start by looking at the concept of amortization. Mortgage amortization refers the length of time it… Read more

You can’t have it all. You can’t buy what you want, ignore your student debt, and assume you’ve got lots of tomorrows to begin to build your finances.  You need to set your financial priorities today and build a plan that will make it happen. Here are five simple money management tips… Read more

“The goal isn’t more money. The goal is living life on your terms.” – Chris Brogan While we all know that saving makes sense, not enough of us are actually doing it. Ever since credit cards were introduced in the early 1980’s, the savings rate in Canada has steadily dropped…. Read more

I hate overdraft protection. Hate it with a purple passion. Why? Well, in principal it’s a good tool to have when you’re in transition. When your life is in turmoil, it’s nice to have a safety net to protect your credit history. But IN PRACTICE most banks let you treat… Read more

I like to think that I’m a responsible, respectable, law-abiding citizen. Or at least responsible and law-abiding. But I have to confess that I have removed most of the “DO NOT REMOVE” tags from the pillows inside my house. GASP! On occasion, I have totally gone wild and parked my… Read more

I’m going to let you in on a little secret. I love weddings. I’ve been to a lot of weddings. Defying all odds, I even found someone willing to marry me. The Big Day There’s really no other occasion that compares with the pure joy and optimism of a wedding…. Read more

Sometimes buying is the only way to go: think toothbrushes and underwear. But for just about everything else there’s a rental option that could let you try before you buy. So when does it make sense to rent, and when does it make sense to buy? More For Your Money… Read more

This is a guest post by the experts at Ratehub.ca It’s important to save money, but it also helps if you save in a way that minimizes your tax burden. The less you pay in tax, the more you get to keep for yourself. Fortunately, the government has created two… Read more

It stands to reason that if we want to be better at managing our money, we need to know where our money is actually going. That sounds obvious but like so many other things in personal finance what sounds obvious often isn’t.  Lots of people arrive to the end of… Read more