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
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?
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
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 (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
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
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…
The Keys to Financial Success, what are they?
Guest Post I won’t make a mistake if I tell that each person dreams of financial success, but there is a question: do all of us know the essential measures to be taken to achieve it? Instead of dreaming and visualizing the winning of a jack pot isn’t it more useful to find out the…
Robots in the Workplace: How Taxing Automation Could Save Jobs
At the rate it’s going, robots could potentially take over more than 10% of the jobs that humans currently perform, and possibly even more in the not-too-distant future. For companies, this is a great development, as robots can perform tasks with high accuracy and consistency, without needing pay, training, or time off for illness. You…
Blackberry and Kobo Touch: why crappy Canadian products are not helping Canada’s technology case
This is the first time I am writing a critical review of any product. And unfortunately enough, it is a Canadian product. Being from Canada myself, it makes this review a little more significant. Two years ago, I bought a Kobo Touch e-reader for my fiance as a birthday gift. She loved it and…