Tag Archives: Financial Literacy

I should have known better, I really should have. Two years ago, our old barbeque finally died. When I say died, I mean it literally fell apart.  It served us well for many years, cooked hundreds of burgers, much chicken, racks of ribs and even the occasional rib eye. Many… Read more

The first time most kids learn about credit is when they go off to university and credit card companies start throwing plastic at them. With no experience and very little understanding of the long-term negative ramifications, kids start to charge. And they charge, charge, charge until they’re in a hole…. Read more

Bankruptcy is about allowing a person a fresh start from his or her debts. It’s a solution many take when there is no other reasonable hope of being able to pay back all of their debts.  There are many causes that lead people to filing bankruptcy – lost wages, emergency… Read more

You know that old saying, “do as I say, not as I do”? Well, kids learn from what you do. And they are always watching. Shop without a list and they’ll learn that when you go into a store it’s to impulse shop. Now that’s not what you want, is… Read more

“The only important thing in a book is the meaning that it has for you.” – W. Somerset Maugham For as long as I can remember, I’ve loved reading. My mum is an avid reader and so I grew up in a home that had overflowing bookcases in almost every… Read more

If you search online for strategies to get out of debt you’ll quickly discover that there are a myriad of options to choose from. Just as each person’s journey into debt is different, the best strategy to get out of debt will vary from person to person. To me, what’s… Read more

Sound money management isn’t about binge spending and then cutting back until it hurts. Sure, when you’re in a store and something new and shiny catches your eye, you’re tempted. But just like eating a whole bag of one-bite brownies and then refusing to consume even a slice of toast… Read more

“Debt is normal. Be weird!” – Dave Ramsey One of the most challenging emotions that accompanies debt is the feeling of hopelessness that can fall over you when you look at your statements. That feeling can be paralyzing; stopping us from making any significant moves to change our situation because it… Read more

“Lack of money is never a problem; it’s the symptom of a problem.” – T. Harv Eker The psychology of money is one aspect of money management that tends to get overlooked when it comes to financial planning and debt counselling. In the financial industry we focus very strongly on… Read more

The phrase “bank of mom and dad” is used as witty humour to highlight the fact that our younger generations are beginning to lean on their parents for support when it comes to paying for costly investments such as schooling, a car or even a house.  It’s not uncommon for parents… Read more