The recent collapse in US home prices has provided an excellent opportunity for Canadians to purchase a vacation property in the US. States like Florida, Arizona, and Nevada have suffered with a tremendous amount of overbuilding and there is just not enough local demand to absorb all the properties. Currently investors have been acquiring condos…
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Monthly Archives: September 2010
Unexpected Vehicle Expenses
It’s been over 3 months since we purchased our used car. In that time, we’ve had the ability to get used to a new type of budget, one that has a large monthly expense in insurance and fuel. It hasn’t been that big of a change for us, as we were saving pretty heavily for…
Setting Up In-Trust Accounts For The Grandchildren
It’s back to school time and one of the hot topics is about investing for children’s education. Lots has been written lately about RESPs, but just recently I wrote about another way to save for your children through very popular in-trust accounts. In the article, I talk about why people should use caution before using…
Top 5: August 2010
First of all, I’d like to welcome the newest members of the Money Mavens Network. Continuing our goal to represent every niche within personal finance, we are now joined by Monevator, The Military Wallet, The Centsible Life and Deliver Away Debt! Last month I announced that we’ll be adding book excerpts and the Canadian Finance…
7 Tips for a Frugal and Fruitful Back to School Season
Sending your kids back to school can be a time of great relief for parents who’ve run out of ideas on how to keep kids entertained but it can also be a pretty stressful time of year for many families from a financial standpoint. School supplies, uniforms, clothes and trips to the doctor can add…
Friday Links
Monevator lists 101 ways to save money. Canadian Financial DIY compares the S&P TSX 60 Index vs Claymore Canadian Fundamental ETF and active stock picking. Studenomics exposes dumb money strategies. Green Panda Tree House shares 5 easily avoidable financial mistakes young people make. Canajun Finances is trying to get approved for upcoming RESP withdrawals. Financial…
Using Credit Cards the Right Way
“This is not your money, it never will be.” That was my thought as I opened the envelope and pulled out my first credit card back in 1993 – just a freshman in college. I was excited because I had a new way to purchase things – it was your basic no frills credit card…
