Why I Became A DIY Investor
I haven’t always been a DIY investor. Like many Canadians, I started investing in mutual funds through a financial advisor at my bank. I was getting matching RRSP contributions from my employer, up to 2% of my salary each year, but in order to get the match I had to invest through a specific bank…
Read MoreHow To Save Money By Going Green
While big corporations and governments can have a big impact on the environment – for better or for worse – individual efforts to “go green” can add up too. Here’s how to save money by going green: Reducing Your Environmental Footprint You can reduce your environmental footprint and make the planet a cleaner, healthier place…
Read MoreFree Chequing Account Comparison
More and more, Canadians are exploring their options and seeking no-fee alternatives to traditional fee-based banking products. Sure, you can get a free chequing account at one of the big banks, but you’ll need to carry a high minimum balance or limit your transactions in order to waive the monthly fees. Related: Canadian Chequing Account Comparison…
Read MoreGadget Insurance – Is It Worthwhile?
I was watching TV the other day and saw an advertisement for gadget insurance. I thought to myself “Gadget insurance? This must be new, I should write about it!”. The commercial went through a few scenarios of a smart phone being lost or stolen which are two events that are covered under this gadget insurance…
Read MoreGive Your Money Time To Grow
Try this question out on your friends – or your children. If you were to choose to get either $1,000 a day for 30 days or a penny on the first day and then double your money every day for 30 days, which would you choose? Most people will begin to silently add up the…
Read More5 Things To Consider When Choosing Travel Insurance
As Canadians, we have a health care system that allows us to get the treatment we need, almost anywhere. However, in some cases our health coverage doesn’t apply across the border. If you are heading south, whether it’s for the winter in a milder climate, or a quick shopping trip, it’s important to consider travel…
Read MoreWhy Today’s Appliances Look Good, But Don’t Last
When we got married several decades ago I received the usual assortment of small appliances as wedding gifts. I remember those Harvest Gold appliances fondly, and they lasted a surprisingly long time. In fact I still own some. So why is it that the replacements have to be replaced again every couple of years? Suspiciously,…
Read MoreHow A Career Change Improved My Life
Whether we leave our job for more money, new opportunities, or to achieve better work-life balance, a career change can have a drastic effect on our lives. I thought I’d spend my entire career in the hospitality industry, but after series of events I ended up on a completely different path. Here’s why I made…
Read MoreWhy Electronic Banking Is Safe
Electronic banking has been around for quite a while in the form of the Automatic Banking Machine (ABM) and Internet Banking. No doubt, these technologies have made all of our lives easier. People who are used to brick and mortar banking, my parents for example, still don’t fully trust these methods of managing their money.…
Read MoreThe Many Forms Of Employee Theft
Everyone is shocked when corporate executives are led off to jail in handcuffs for employee theft and we shake our heads at the magnitude and greed when hearing of these scandals in the news. A decade ago Enron collapsed under the weight of a massive fraud that included faulty accounting and business practices. Small companies…
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