Category: Something to Think About

Cash Flow your Debts

March 5, 2020

It is important to stop cash flowing debts and to start paying them off – but it may be even more important to understand and recognize the difference.

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Impulse Spending

February 13, 2020

Impulses and habits are very similar, they both work on us subconsciously and compel, or ilicit, certain types of behaviour. Impulsiveness isn’t always bad – sometimes it’s very rewarding, maybe that’s a part of the problem.

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Driving Affordability

January 7, 2020

Driving affordability is something that should form a part of everyone’s budget. Even in our biggest cities public transit is expensive and extremely inefficient.

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Borrow Your Way Out Of Debt

December 11, 2019

You cannot borrow your way out of debt. Trying to do so is a useless strategy that will get you into far more debt than you had to begin with.

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Spotting Fake News

October 18, 2019

Spotting fake news can be a real challenge for all but the suspicious and conspiracy minded among us. But it is important to check and back check information being fed through news streams in order to remain well informed. Just because you like the sound of it or it makes you feel warm and fuzzy doesn’t mean it’s true.

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New Car

September 26, 2019

Cars, cars, cars, Canadians love their cars – new cars used cars, beater cars, winter cars, summers cars, sports cars, have we got a car for you!

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Financial Literacy

September 24, 2019

Many professionals who work in the financial industry are functionally financially illiterate, only comprehending a specific area of expertise. Consumer finances have become extremely complicated in recent decades.

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Did you know

August 12, 2019

Did you know there are many aspects about our economy that are not discussed, especially related to debt?

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Latest credit card numbers

July 25, 2019

The latest credit card numbers are finally out from the Canadian Bankers Association on how Canadian use credit cards. You can follow the link to see for yourself but here’s the highlights and some considerations.

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Congratulations

June 25, 2019

Decisions, decisions, but congratulations on whatever you decide, rest assured it was your choice but you must live with the consequences.

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Enough is Enough

June 20, 2019

Stop kidding yourself, you can’t afford all the debt you and your family are trying to service. It may be the case, for some folks, that you can’t afford not to have the debt – the cost of living has risen faster than your paycheque.

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Rebuild Your Credit

June 5, 2019

We see that slogan everywhere “rebuild your credit” everyone seems to be using it from mortgage lenders through to used car salesmen.   But, caveat emptor (buyer beware) things may not be what they seem.  Usually when I hear the expression “rebuild your credit” the first thing that comes to mind is “high interest” and the […]

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Living in Canada

May 27, 2019

Living in Canada is extremely challenging and not getting easier.  The cost of living continues to increase faster than incomes and taxation is not helping.  Adding the new carbon tax to the mix it is highly likely that Canadian consumers are paying more than half of their income in some form of taxation.  Paper, ordinary […]

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Credit “Caution Debt Ahead”

April 11, 2019

You may have thought Venezuelans were in trouble, you already owe twenty-four (24) times more debt that them. What are you going to do about it?

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Credit Card Business

April 8, 2019

The credit card business is one that everyone wants to be in on, including Apple (the computer guys).  Unfortunately, the banks have a virtual monopoly and make it challenging for anyone else to enter the playground. Here’s how the business works, in the simplest terms:  Lend someone something that doesn’t exist on terms of repayment […]

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Credit Cards for Bankrupts

March 28, 2019

Credit is a whole lot easier to get following a bankruptcy or proposal filing than you might expect.

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Fake News – Sunshine List

March 28, 2019

The media seems to be getting more and more lax in its reporting as time goes by. If all Sunshine List members earning less than $152,000 per annum are dropped we get a more meaningful picture.

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Low Interest Loans

January 7, 2019

Things aren’t always the way they seem, especially with low interest loans.  The idea of low interest loans is attractive especially to people who are on the threshold of financial collapse.  We’ve previously blogged about low interest and how a low interest consolidation (into a mortgage) compares in cost to paying higher interest credit cards.  […]

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Happy New Year

January 4, 2019

To all our clients, families, friends and colleagues we wish you a very Happy New Year and hope you enjoy good health and prosperity.  I am reminded of a couple of quotes that seem appropriate for this time of the year. “Forget your past, forgive yourself and begin again right now.”  —Osho “When I let […]

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Merry Christmas

December 21, 2018

Merry Christmas to all our clients, friends, colleagues, associates and respective families.  We hope you have a safe an enjoyable holiday season and remember to drive safely and cautiously, especially under extreme weather conditions. Our office will be answering client inquiries throughout the holiday period and will open as usual on December 27th and 28th, […]

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