Last month at this time I mentioned I had $15K ready to deploy for the downpayment of my second farmland. Each farm produces 2 rental cheques. Once in the spring/summer when seeding occurs, and the other cheque gets deposited in October when the crops are harvested. As luck would have even though the second farmland isn’t legally mine… Read More »
Guess what I found on Ebay. Money! But not just any money. It’s a 1923 one dollar bill. Spent $30 but I think it’s well worth it . I scanned both sides of it below right. Click to enlarge. The face value is a dollar, meaning worth the same as a loonie if I decide to spend it.… Read More »
As per readers’ feedback from the previous month’s fiscal update I’ve decided to convert the value of all my USD assets into Canadian dollars when I calculate my net worth. By factoring in the exchange rate I hope to have a more accurate picture of my net worth 😀 Luckily the $USD is worth more than $CAD, so my US… Read More »
There are lots of great suggestions out there for saving money. One I’ve found particularly useful is making a budget. This post is to help personal finance beginners to think about money, and take control of their own financial situations. A budget is a detailed plan for the formula below. Income – Spending = Savings For more savings we… Read More »
Did you see the markets today? Normally when we, average citizens, talk about “the markets” we mean the stock market of course. Not long ago I thought the stock market was where all the rich people hung out, and where most of the money went to create jobs, companies, and the economy. But I was wrong… The stock… Read More »