New proven methods for saving gas

Creative tips to save on gas

The web is full of tips on how to save money on gas and have better fuel efficiency. Some are creative and can save you money while others are useless or we already know about. Here are some of my personal favourites which I apply myself. -Gravity is your friend: why even press on the […]

Nepotism in the workplace may be a good thing for the environment!

Hiring family members at the same company can help the environment

Nepotism can be bad, as it overlooks talent in favor of hiring and giving preference to those who are related to the people with power. But it can also be good for the environment, especially when family members work for the same company and share the same ride to work.  Nepotism can mean smart commuting. […]

How much do you owe your ‘wealth accumulation’ to psychology?

Ever read such books as ‘The Science of Getting Rich‘ or ‘The Power of your Subconscious Mind‘? If you did, then you know what I am about to talk about: how much of your wealth accumulation do you attribute to your positive thinking, believing in the ‘Law of Attraction’ etc.? In other words, do you […]

Could this be a significant reason why the economy is not rebounding in Canada?

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In the last 5 years or, house prices in Canada have gone up dramatically, especially in major cities like Toronto and  Vancouver. This got me thinking: could it be that so many people are saving for a down-payment , and as a result, they don’t spend this money on other things that would otherwise revive […]

Our seesaw struggle with our credit card and my determination to win the battle

Taking one step forward and two backward will never help you pay off your credit card balance. You should have a clear plan, timeline and a real determination to pay it off...

The expenses never seem to end. But neither does my determination to lower my credit card balance and eventually make it disappear completely (balance of ZERO dollars!) It has been a big struggle to keep our-myself and my wife-credit card balance under control. Just when you thought you have made some progress, comes a wedding […]

Is Amazon responsible for local job losses where you live?

Is buying from Amazon.com killing local jobs?

No one can resist the temptation: you find an item on Amazon, and even after accounting for shipping expenses, it still comes out cheaper than what you would pay if you were to get the same item at a local store. I, too, have done this in the past, but not as much as others […]

One essential strategy to use when looking for a job

One essential strategy to use when looking for a job: look for companies that are desperate!

Based years of job searching and trying to find jobs for family members and friends, I have realized that one of the best and unknown ways to get a job is to look for companies that are desperate. Let me explain what I mean by this. When a company suddenly has a need to hire […]

Can you use your TFSA account to make extra monthly income?

TFSA can be a great source of a secondary income.

TFSA (short for Tax Free Saving Account) was introduced in Canada in 2009, allowing each individual (18 years of age or older) to save up to $5,500 per year and earn interest on their money, without having to pay any taxes on the earned interest. As of 2013, the maximum annual amount has been bumped […]

Paying for my 2014 Vegas vacation with my 2013 piggy bank savings

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2013 is now behind us. Time to focus on 2014. Financially speaking, one of the basic and first things you should do is have a piggy bank. This is in addition to your regular bank saving account. You don’t take piggy banks seriously or think they are only for kids? think again! Personally, piggy banks […]

The importance of positive thinking when dealing with money and finances

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I just finished reading ‘The Power of your Subconscious Mind‘ by Joseph Murphy and it was one hell of a book and an eye opener. Shortly after, I picked up another book with a similar theme: ‘Think and Grow Rich‘ by Napoleon Hill, which I am in the process of reading as we speak. Two […]