Being rich takes discipline. I mean, there are a couple of ways that people can get rich without being disciplined. They can, on the off chance, randomly purchase a single lottery ticket and suddenly become a millionaire. Or, you could become a youtube celebrity overnight, or even stumble across a backpack full of gold. It could…
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Monthly Archives: August 2011
Low Interest Rates: Good or Bad?
Last night I was on the Alberta Primetime Money Panel and one of the questions we were asked was whether Canada will increase or decrease interest rates. There has been a lot of media speculation about interest rates and many pundits for a while have felt that rate need to rise but now with the…
How to Maximize Rewards and Save Money
The typical Canadian has over half a dozen rewards cards in their wallet at any given time. It seems like every retailer (large or small) has their own rewards card and loyalty program, along with incentives to save money if you join. So how do you know if you’re truly maximizing rewards and saving money?…
Canadian Finance Carnival #49
Career Mike at Green Panda Treehouse presents Is Entrepreneurship For Everyone?, saying “We look at starting your own business and if it’s for everyone.” Debt and Credit Emily at Deliver Away Debt presents How to Bounce Back from Huge Medical Bills, saying “Even for those with insurance, a long stay in the hospital can wrack…
10 Ways To Save Money When Buying Gadgets
With the technological revolution happening around us, you don’t want to be left behind. You need to have smart gadgets to facilitate your life in a society characterized by high technology. So before you get broke when shopping for techy gadgets, here’s 10 simple ways to save money when buying gadgets: 1. Quality is the…
Friday Links
Get Rich Slowly discusses his sunk costs and smart decisions. Squawkfox examines the cost of collecting . Bargaineering tells us how to avoid panic selling. Wise Bread shows how to make your own power. Boomer & Echo provides some investment strategies… tune out the noise, stick to the plan. Christian PF points out how to…
The Market Isn’t On Sale… Yet
It’s Monday night as I write this post, and I, like many of you, have watched thousands of dollars evaporate from our investment accounts over the past couple weeks. The worst of all came on Monday, with the S&P 500 down 6.66%, causing every market pundit to make the same bad joke about the devil…
