Tag Archives: Money Saving Tips

The new year is just around the corner so let’s review, shall we? Going into debt is often a choice. We make the choice when we buy something we can’t afford to pay for. Every time we don’t bother to check to see if we have enough money in the… 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

If it’s such common sense to only spend what you can afford, why do so many people spend money they don’t have – use credit without paying their balance off in full every month – to buy things they want? Have we become so delusional about the damage debt does… Read more

Registered Education Savings Plans have been around for about forty years? You’d think with all that history we’d have a better understanding of how they work. And with the free money the government is willing to throw at parents to encourage them to save, you’d think there’d be more people… Read more

If you’re one of the people who is watching as jobs in your industry evaporate, no doubt you’re beginning to twitch. Job loss comes with two big stressors. First, there is the financial stuff that you need to figure out. Second, there is the emotional misery that you must wade… Read more

“Financial success, as well as most success in life, is not about perfection, it’s about direction.” In my last post, I talked about the importance of assessing your financial fitness so that you know how vulnerable you might be in the event of an unexpected expense or a drop in… Read more

When it comes to finance, the reason many of us get into trouble is because we overlook or ignore the warning signs that something isn’t quite right. In the same way that we often ignore the implications of our clothes getting a little more snug, until the day we can’t… Read more

“Opportunity is missed by most people because it’s dressed in overalls and looks like work!” – Thomas Edison While most of us understand why saving money is a smart idea, most of us are also pretty terrible at actually saving money. In Canada, our savings rate has been less than… Read more

Life changes. And as it does, we also change. Sometimes that means we have to move. Maybe we need more space. Maybe we’re changing jobs and have to relocate. Maybe our relationship has ended and we’ve got to hit the road. Inevitably we’re faced with packing up. And as we… Read more

Why is it that reasonably intelligent people become idiots when it comes to using plastic for purchases? How can spending money you haven’t yet earned – putting money on a credit card and carrying a balance – ever be a good idea? And yet, thousands of Canadians do it every… Read more