Blog
The Dangers of Canadians’ Home Equity Line of Credit
It’s no secret that Canadian homeowners have a longstanding love affair with their home equity line of credit (HELOC). However, this love has the potential to go sour through a variety of ways, leaving millions heartbroken. At the heart of this romance is a low-cost,...
Reducing Expenses on Out-of-Home Meals and Snacks
In this age of out-of-control debt, reducing expenses is a priority. A great place to start is with Canadians’ top financial guilty pleasure: eating out at restaurants and bars. Also included are coffees, and so-called treats, many of which are laced with sugar, salt,...
Lack of a Personal Goal leads Canadians to Overuse Restaurants
Upon reviewing the Capital One Canada study on Canadians’ financial guilty pleasures, it struck me that no one quoted mentioned a personal goal. When people lack a personal goal that represents what they want to be doing and who they want to become, it’s very easy to...
Consumer debt: 10 Tips for Getting out of It
You might be trying to get so creative that you’ve forgotten about some really basic ways to get/become consumer debt-free; or, maybe you’re stuck in a rut with just a few ideas, and you can’t seem to get the creative juices flowing. With that in mind, here's 10 great...
Manulife study: Avoid insolvency with an emergency fund
The article below outlines the importance of having an emergency fund or savings plan in place so that you are able to ride out a short-term financial storm. by Justin da Rosa | 25 Nov 2016 In its latest survey, Manulife Bank of Canada found that over 1/3 of Canadians...
Welcome
In this, my first blog post, I would like to give you an overview of what I would like to accomplish. In simple terms, I hope to: Educate, Inspire and Empower people to change the way they spend money. Teach them to pay cash for all their purchases, avoid using...
