Posts Tagged ‘Personal Finance’

What would it take for me to switch banks? There are advantages to using a full service bank, such as negotiating for free banking when renewing your mortgage…

One of the drawbacks of tracking every penny that you spend is that when something comes up that you didn’t plan for, you have to make a decision whether to stick to your budget or to loosen your purse-strings.

We have recently made the adjustment to single-income living after deciding that my wife would become a stay at home mom and look after our daughter.

Should you keep all your accounts, loans and investments at one financial institution, or spread them around? When I worked for a bank, when I had a new customer referral – for a mortgage, say – the goal was to transfer in all of their financial accounts. The reasoning behind this was that it would be more difficult to leave the bank once everything was set in place, and it’s true…

Confessions: My Financial Sins – It’s great to write about financial success stories and wisdom from past experiences. Paying off debt, building a growing stock portfolio, and sticking to a budget are all part of my road to financial success. However, there are some things that should also be part of my financial plan, and either I haven’t got around to it, or I don’t believe there is a great need for it at this time. It’s time to confess my financial sins. I don’t have an emergency fund. I don’t have a will. I don’t have adequate life insurance…