When carrying a large balance, all we care about is making as many big payments towards the balance as possible. We don’t stop to think: “this $100 covers that purchase at the mall 3 weeks ago” or “this $250 goes towards paying back portion of that vacation we took back in July” . All we…
We’re less than four weeks away from a new year. Yes, 2025—despite feeling like it started yesterday—is almost over, and 2026 is around the corner. Before long, 2026 will turn into 2027, and the cycle continues. The goal of this post isn’t to stress about how fast time moves, but to help you do a…
Many of us can relate to this scenario: after diligently paying off our credit card debt, we feel a surge of relief and accomplishment. However, it’s disheartening to see our debt slowly creep back up over time, ultimately leading us to realize that we’re on the verge of starting the debt repayment journey all over…
We’ve all been there: striving to achieve a particular goal, whether it’s shedding pounds or mastering a new skill, only to find ourselves faltering with each attempt. But why does this happen? Weren’t we told that setting goals is the key to success? While setting goals is undoubtedly important, it’s just the beginning. Merely establishing…
Whoosh! That sure went by so fast! With just over two weeks to go in this year, it is time to do a self-review to see how you did this year, how your managed your money and whether you came ahead or not? How do you do this? One easy way to start is to…
Salary increases are indeed a blessing that I never take for granted, especially in today’s uncertain economic times where job security is a luxury. Receiving a salary increase feels like a bonus, and even though there’s no assurance of it, I’ve already planned how to utilize any potential increase. Firstly, I won’t be frivolously spending…
A recent CGA-Canada survey revealed that more than half of the respondents had no idea how much interest they were paying on their credit card balances, with many mistakenly believing it to be around 3-4%, similar to the prime rate. This is a startling revelation. While not everyone may know the exact percentage, it’s concerning…