When we entrust money to a professional portfolio manager with billions of dollars under management we might assume that these people are better investors than you or I (^_^) After all they get paid huge salaries and oversee important private equity funds, mutual funds, or even pension funds like OMERS, CPP, California Public Employees, NY State Teachers, etc.… Read More »
In North America there is no shortage of complaints about the cost to drive a car and gasoline prices. But relative to the rest of the world like England where they have loony petrol taxes, or most of Europe, our prices are quite affordable (゜∀゜) A recent Bloomberg article compares the relative cost of gasoline prices in 60… Read More »
Time to learn about each other 😀 Late last year I put up a poll on the site to survey how much total income people make. Thanks to everyone who voted (^_^) Here are the results below. This means over half of you make more than $80,000 a year! The median income for the group is somewhere in… Read More »
Highest Debt Level Ever Credit bureau TransUnion released their quarterly report recently on the credit history of 25 million Canadians. They’ve found that excluding mortgages, we each owe on average $27,485 of debt, which is up $1,500 from last year and a record high. The average balance owing on a Line of Credit (LOC) grew by 2.6%, installment… Read More »
I think one financial problem that has plagued many people is losing their wallets. Some people put a lot of stuff in their wallets and when they lose it they have to replace multiple credit cards, Costco, Safeway, other membership cards or identifications, etc.. It’s a big hassle (╯°□°）╯︵ ┻━┻ But when I look at the pile of cards I have… Read More »
One of my personal resolutions for this year is to eat healthier. Not only is it better for the body, but a healthier diet is also more affordable. Last year I posted how to save money by just shopping at ethnic grocery stores instead of big supermarkets. You can buy a bag of groceries for under $6 if… Read More »