Move to Vancouver to Enjoy a Low Cost of Living Sometimes it may feel like we’re constantly being gouged by the world around us. 😕 But if we adapt to our surroundings we should be able to live the lifestyle we want on a relatively modest income 🙂 Luckily I live in what is arguably one of the most… Read More »
Ever wonder what happens to the money in people’s bank accounts after they move out of town, die, or switch banks? Well the funds eventually go to the government 🙂 If a bank account becomes dormant for 10 years and the bank has already made 3 attempts to contact the owner but failed, then the unclaimed money is… Read More »
Many parents make the common mistake of leaving their children with way too much inheritance all at once. Many children will spend their inheritance unwisely because they haven’t learned how to handle such a large windfall. What parents should do instead is pass down the inheritance gradually throughout the later years of their lives to minimize taxation, and… Read More »
I hope the Canada Revenue Agency doesn’t come after me for writing this post 😛 If too many people read this article then our government will never have a balanced budget lol. Since it’s that time of year again the topic I’d like to discuss today is income tax, and how rich people are able to dramatically reduce… Read More »
In a recent poll commissioned by the Bank of Montreal, 34% of Canadians say they are planning to fund their retirement by winning the lottery. That has to be the most optimistic retirement plan I’ve ever heard of 😆 Most personal finance experts will probably tell you that buying lottery tickets is a waste of money and isn’t… Read More »
The financial benefits of having straight teeth In a previous article I wrote about the unfortunate reality of beauty discrimination in the world today. I said that “making yourself look more attractive is apparently one of the best investments you can make in your lifetime.” According to studies, an attractive looking man could make $250,000 more over his lifetime… Read More »