Monthly Archives: November 2010

What Is A Stock?

Many Canadians are investing in stocks through mutual funds, possibly chosen by their advisor. Even if you don’t invest directly in stocks, it’s still important to know what a stock really is. Stocks represent individual shares in a company. When you buy a stock, you now own a fraction of that business. When the business…

Canadian Finance Carnival #9

Lots of good articles, thanks to everyone that submitted a post! Budgeting Craig Ford at Money Help For Christians presents Moneydance 2010 Personal Finance Software Review, saying “This post introduces and reviews the Moneydance personal finance software.” N. W. Journey at Net Worth Journey presents Money Management 101: How to Create a Budget, saying “Learn…

Higher Fuel Prices Drive Down Car Usage

Two thirds of Brits have been forced to change their driving habits because of higher fuel prices, according to a poll by moneysupermarket.com. Britain’s number one comparison site asked site users whether higher fuel prices were forcing them to change their driving habits.1 The results found a staggering two thirds of respondents (65 per cent)…

Friday Links

My Debt Free News interview is up today on Enemy of Debt. If you have your own debt free story that you’d like to share, you can send it to Brad through this form! Frugal Dad unveils the secret to replacing your income. Len Penzo compares dollar stores to Walmart. Oblivious Investor points out that…

New Car or Used Car: 6 People Make the Choice

Buying a car is the second largest purchase most consumers will ever make.  If you are in the market for a vehicle, one of the primary questions to start with is whether to buy a new car or used car.  (Or did you forget to even ask this question?) Different situations – effectively, different people…

Making Smart Hobby Decisions

Hobbies are an essential part of everyone’s life. As one of the world’s greatest psychotics once said, “All work and no play make Jack a dull boy”. Likewise, spending the entirety of one’s time simply working, or worrying about money, will not only make you dull, it very well may make you go crazy. Unfortunately, not all…

Tips To Prevent Running Out Of Money In Retirement

It seems that every financial study today suggests that Canadians are not saving enough money for retirement. One of the biggest fears for anyone especially retirees is the fear that you will run out of money. This was a real outcome for Peter who retired with $1.2 million in RRSPs and investments back in 2007….