Oil Producers Languish as Airlines Fly High ✈️ Oil executives sometimes use crude language, especially to describe their disappointment of low oil prices. With the WTI price at around $48 a barrel it’s very difficult for North American oil producers to make a profit. ⛽ The 50% decline in crude price over the last year forced Husky Energy (HSE) to… Read More »
Insolvencies by Age and Province A lot of money is tainted. It taint yours, and it taint mine. 😀 That’s why it’s important to make the most of the money we do have and spend it responsibly. But sometimes if we don’t have enough money to buy what we want, we’ll need to use debt. There’s nothing inherently… Read More »
As a blogger, I sometimes feel cold, probably because I’m surrounded by so many drafts. 😀 One draft I’ve been meaning to publish is today’s post, which is about my blogging income. I like to be upfront about the money I make from side hustles. Regular readers will know I earn about $10K a year from rent, $6K from dividends,… Read More »
It’s time again to learn about you, the readers. Are you a breadwinner? Last year Freedom 35 Blog visitors were asked who the primary income earner is in their households. Here are the results. Thanks to everyone who voted (^_^) I think what the poll results show is that people who read personal finance blogs tend to make more… Read More »
Experts worry that the recent interest rate cut in Canada will lure people to rack up even more debt. Bankruptcy trustee Doug Hoyes warns, “the more debt you have, the greater your chances of going bankrupt. It’s simple math.” He predicts bankruptcy numbers will “skyrocket when interest rates rise and people are saddled with ballooning debt payments.” Yikes. That doesn’t sound good. 😐 Anyway, last… Read More »
Earlier this year a Vancouver house with a $5 million assessed value was put on the market for $6 million. Guess how much it ended up selling for? Hint, it’s in the upscale Shaughnessy neighbourhood. 🙂 After 12 days and multiple bids from 10 prospective buyers the 78 year old home was sold for $8 million, lol. Welcome to Vancouver.… Read More »