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Rob Carrick

Gail Vaz-Oxlade

  • T&T: RRSP Edition
    P wrote: Gail, my husband was transferred to the U.S. and I’m just about to follow him. Since we will be U.S. residents, how’s that going to affect the money we have in RRSPs in Canada?Gail says: The amount you’ve accumulated in the RRSP up t…
    - 16 Jan 14, 1:07am -
  • The Elephant and the Acacia Tree
    One of the most wonderful things about traveling is all the new stories you have to tell when you get back home. Today I begin my Africa series. The seeds of many of these stories germinated while Alex and I were travelling in Tanzania. I didn’t wr…
    - 15 Jan 14, 1:00am -
  • What You Don’t Know Can Hurt You!
    People have all kinds of misconceptions about credit cards that end up biting them in the butt. If you’re going to use any tool to your advantage, you’ve got to read the instruction manual first. You wouldn’t start up a chain saw without having…
    - 14 Jan 14, 12:56am -
  • How much to Your RRSP?
    Are you planning on contributing to your RRSP for 2014? Will you make a smaller contribution than you did last year? According to the Stats Man, even as our spending on crap has gone up, RRSP contributions have been on a steady decline. Fewer people…
    - 13 Jan 14, 12:50am -
  • Who’s In Charge Here?
    Are you sure you’re in charge of your life? Or could it be that you’re actually a product of all the programming you’ve been given? From childhood and the need to live by our parents’ rules, through school age and all the rules imposed there,…
    - 10 Jan 14, 1:07am -

Million Dollar Journey

  • Financial Quiz, Couples and Money, Repair or Replace, Better Budgeting and more!
    For those interested in free credit cards, I updated my list of top rewards credit cards in Canada post. Michael James on Money offers A Financial Quiz to help us gauge our standing in the world of personal finance. Young and Thrifty ponders whether…
    - 1 day ago, 4 Jul 14, 5:30am -
  • Team MDJ – The Beginners – Vote for your Favourite
    Since proposing the concept of reader net worth updates, my email inbox has been non stop!  I’m happy to see so many readers interested in sharing their story with others and being held publicly accountable for their financial goals.  Initially,…
    - 5 days ago, 30 Jun 14, 5:30am -
  • How I Reached $500K Net Worth by Age 29
    FrugalTrader (FT) reaching his long-term goal of a net worth of a million dollars inspired me to tell my personal financial story. Similar to FT, I’ve set out a financial plan to reach a net worth of a million dollars by age 35. Through discipline,…
    - 12 days ago, 23 Jun 14, 5:30am -
  • Interested in Starting Your Million Dollar Journey? Join team MDJ!
    Since inception, this blog has been about my financial journey to a million dollars in net worth.  Now that the big milestone has been achieved, I would like to continue the tradition with regular updates from readers with varying financial backgrou…
    - 19 days ago, 16 Jun 14, 8:23am -
  • How Much Do You Need to Save Today to Hit Your Retirement Number?
    Recently I wrote an article about how you need less than you think for retirement which turned out to be a very popular topic.  There was a lot of discussion in that post specifically about taxes and inflation.  Personally, I like to keep things si…
    - 25 days ago, 10 Jun 14, 5:30am -

Canadian Capitalist

  • Sleepy Mini Portfolio Q1-2014 Update
    The Sleepy Mini Portfolio was launched in 2007 to demonstrate how a mechanical investment program can slowly but surely build wealth over the long term.… Read More ›Sleepy Mini Portfolio Q1-2014 Update is brought to you by Canadian Capitalist --…
    - 25 Mar 14, 7:16pm -
  • How to Painlessly Transfer your Account from one Broker to Another
    If you have just opened a trading account with a new discount broker or you have accounts in different places and want to consolidate, you’ll… Read More ›How to Painlessly Transfer your Account from one Broker to Another is brought to you by Ca…
    - 5 Feb 14, 8:59am -
  • Sleepy Mini Portfolio Q4-2013 Update
    The Sleepy Mini Portfolio was launched in September 2007 to demonstrate how a super simple, regular investment program can slowly but surely build wealth over… Read More ›Sleepy Mini Portfolio Q4-2013 Update is brought to you by Canadian Capitali…
    - 28 Jan 14, 7:09pm -
  • Performance of Currency-Neutral S&P 500 Index Funds
    Many investors would like to get exposure to US stocks in their portfolio even if they believe that the US dollar is in a secular… Read More ›Performance of Currency-Neutral S&P 500 Index Funds is brought to you by Canadian Capitalist -- Helping…
    - 19 Jan 14, 4:00pm -
  • Why I moved to BMO InvestorLine
    I’ve held all our investment accounts at TD Direct Investing (TDDI) for a number of years. When I moved to TDDI, they were one of… Read More ›Why I moved to BMO InvestorLine is brought to you by Canadian Capitalist -- Helping you to invest & pr…
    - 15 Jan 14, 12:06pm -

Canadian Finance Blog

  • Should You Pay for Your Child’s College Education?
    In spite of the debate raging around whether or not college is still worth it, many Canadians feel that college is a solid investment in their kids’ futures. However, the cost of college is rising. Everyone recognizes that going to university is go…
    - 1 day ago, 4 Jul 14, 3:00am -
  • Could It Be Worth It to Spend More Money?
    When it comes to frugality, many think that the best answer is to spend as little as possible on whatever it is you are buying. However, the cheapest item isn’t always the best item. You know the saying: “You get what you pay for.” Sometimes, w…
    - 5 days ago, 30 Jun 14, 3:00am -
  • Understanding Unretirement: Seven Questions You Should Ask Yourself Right Now about Your Golden Years
    Retirement is changing in profound ways. The dream of a luxurious retirement packed with golf resorts and cruise ships has proven elusive for many Canadians. It was probably never realistic, but in important ways baby boomers are only just now coming…
    - 9 days ago, 26 Jun 14, 3:00am -
  • 5 Lies About Your Credit Report
    Your credit report is important and because of that, a lot is written about it as well as talked about over dinner or as topics of water cooler conversations. Although some of the advice comes from well meaning people trying to help, misinformation o…
    - 12 days ago, 23 Jun 14, 3:00am -
  • Don’t Be Too Safe With Your Money
    The first rule of investing is never lose money and in the financial environment we’ve grown accustomed to over the past four years, losing money seems to be a lot easier than making it. That may feel like the case but investing errors can be the r…
    - 16 days ago, 19 Jun 14, 3:00am -

Money Smarts Blog

  • 2013 Investment Portfolio Returns – Another Good Year
    New year and time for a new post! I like to measure the performance of my investment portfolio every January to see how I’m doing.  This year was a banner year for equities and my portfolio went up 19.9% which is pretty good for  a 75% equity/25%…
    - 21 Jan 14, 7:22pm -
  • Qtrade Discount Brokerage Review
    Qtrade is an independent discount brokerage which has done extremely well in the annual Globe and Mail brokerage rankings. After calling them a number of times, I can see one of the reasons. They are super quick to answer the phone. Related:  My Can…
    - 29 May 13, 3:00am -
  • LinkStuff – High Definition TV Edition
    I finally upgrade to high definition tv and have been pretty happy with it.  Hockey is pretty good in HD (although it would be a lot better if the Leafs were still playing), but the best improvement has been cycling.  I’m currently watching the…
    - 24 May 13, 3:00am -
  • LinkStuff – More Money For Beer Edition

    - 8 Mar 13, 3:00am -
  • Great Money Advice For Canadian College & University Students On How To Avoid Student Loans
    I recently had a chance to read the book “More Money for Beer and Textbooks” which is a book written for students in post-secondary education or in their last year of high school or CEGEP. It was written by Kyle Prevost and Justin Bouchard who ar…
    - 4 Mar 13, 3:00am -

Retire Happy Blog

  • Classic financial lessons from the experts
    It’s been a great year for me.  In early January I made the cover of Advisor’s Edge – a national financial magazine, I found out I had the best mark in the country on the November 2013 sitting of my final CFP exam, and I qualified to be an MDR…
    - 2 days ago, 3 Jul 14, 12:49pm -
  • Are your retirement expectations too high?
    “Change is the law of life.  And those who look only to the past or the present are certain to miss the future.” - John F. Kennedy Many Baby Boomers have very high expectations for their retirements!  These may be fueled by Freedom 55 type ads…
    - 3 days ago, 2 Jul 14, 2:28pm -
  • 2 More Reasons Women Can’t Afford to Ignore Finances
    “My life didn’t please me, so I created my life.” – Coco Chanel Writing about women and finances means striking a careful balance between the way things are and the way things are perceived to be. Women have come a long way in the quest for e…
    - 4 days ago, 1 Jul 14, 2:53pm -
  • Retirement income options for a DC Pension Plan?
    Recently I wrote about theoretical retirement income options from a Defined Benefit Pension and a Defined contribution Pension. Related articles:  Defined Contribution Pension Options at retirement   and  Defined Benefit pension options at retire…
    - 5 days ago, 30 Jun 14, 1:24pm -
  • Training wheels for new investors
    When I was in university, my mom worked at a law firm in downtown Edmonton, on Stony Plain Road. One of the lawyer’s wives had a pedal bike that she wasn’t using, and so she offered it to me for $50. It was a good bike, but the tires were white-w…
    - 9 days ago, 26 Jun 14, 10:09am -

Squawkfox

Financial Highway

  • Is It Too Late to Get Heath Insurance if My Wife is Pregnant?
    If you’ve recently found out that your wife is pregnant and you don’t currently have health insurance that feeling of overwhelming joy might have soon given way to a sinking feeling. Pregnancy is expensive, with monthly trips to the OB/GYN, even…
    - 5 days ago, 30 Jun 14, 12:34pm -
  • Money-Saving Barbecue Menu Ideas
    It’s summer. And since we all have to eat anyway, why not incorporate it into our entertainment agenda and have some folks over for a barbecue? Following are several ideas to pull off a successfully hosted event without busting your budget. Combo K…
    - 26 days ago, 9 Jun 14, 4:00am -
  • Bankruptcy: Helping Many Through Tough Economic Times
    For centuries, people have chosen a path out of indebtedness that brought social stigma and disgrace not only to the debtor but to his family as well. Today, the stigma being removed by a more contemporary view of bankruptcy, we’ll see in our artic…
    - 53 days ago, 13 May 14, 8:49pm -
  • How to Tell an Investment is Too Risky for You
    When you invest, you have to be prepared for risks. Every investment comes with risk. However, that doesn’t mean that you should ignore risks and invest anyway. It’s important to understand what is too risky for you, and what you can do to mitiga…
    - 54 days ago, 12 May 14, 4:00am -
  • 6 Areas Where You Don’t Want To Be Frugal
    When looking to save money, it’s wise to think of the long-term consequences. Often, you can spend less and enjoy an excellent product or service from a reliable company. Other times, you need to invest wisely and spend money. Here are six areas wh…
    - 58 days ago, 8 May 14, 4:00am -

The Financial Blogger

  • The Least Satisfactory Tax Return of my Life
      Last year, I decided to stop procrastinating with my tax return and completed everything in March. I was happily surprised to see how fast I got my tax refund back! I decided to do the same thing this year and I already cashed in my tax refund las…
    - 58 days ago, 8 May 14, 4:49am -
  • Another Look at Leveraging
      A long time ago on this blog, I wrote several posts about the Smith Manœuvre. This was a very popular concept a few years ago. More precisely, before 2008.   The Smith Manoeuvre was born in Western Canada when several households decided to conve…
    - 60 days ago, 6 May 14, 4:40am -
  • How Much Do You Need To Live Comfortably?
        Last year, I went through all kinds of questioning about my budget, future, job and online company. I really needed to put down on paper how much I needed to live and create a comprehensive budget.   Doing this exercise was great not only to f…
    - 66 days ago, 30 Apr 14, 4:52am -
  • March Monthly Income Report -58%
        Reporting your income online is always a two sided sword. This month, I have to face publicly the fact that my sites’ earnings tanked. Part of it is due to the fact that I was on vacation, but still, it shows how hectic a side-business income…
    - 68 days ago, 28 Apr 14, 6:57am -
  • What is The Best Emergency Fund?
        It may sound like a financial planning topic but this is only common sense: you need an emergency fund. If you are young and starting your career; you need an emergency fund to cover for a job loss. You have a young family and a mortgage; you n…
    - 81 days ago, 15 Apr 14, 4:00am -

Canajun Finances

  • Three Financial Rules of Thumb
    Kerry from Squawkfox was doing an exposé and asked me for three quick financial rules of thumb to live by (well I think she asked me, rules of thumb that I live by, but those are useless given my financial situation, so I decided to give her a bette…
    - 3 days ago, 2 Jul 14, 6:33am -
  • Happy Canada Day
    Canada Day 2014 is here, and we are all off celebrating a ludicrously long weekend, and celebrating Canada’s 147th birthday (not long until big number 150). Enjoy the day, be astounded by this great nation that we live in, and its majesty and beaut…
    - 4 days ago, 1 Jul 14, 6:35am -
  • Don’t Wear a Financial Red Shirt
    In Star Trek (the original series) a useful heuristic for characters was that anyone wearing a Red Shirt, was most likely to die that episode. All great ideas started (and start) with Star Trek the original series (the newer series haven’t had time…
    - 5 days ago, 30 Jun 14, 6:05am -
  • The Stand, Football Biting, Naughty Banks and #BestofFinancial
    I finally finished “the Stand” a novel by Stephen King, but I listened to the audio book, and it was 48 hours long (I am not kidding, click here to see it on Audible), but I am glad I listened to it. I am in a Stephen King mood right now, and I h…
    - 8 days ago, 27 Jun 14, 5:52am -
  • A Financial Plan B Revisited
    About 4 years ago I wrote asking What is Your Financial Plan B ? This queried whether you were ready for when life hands you a ton of feces, in your life (specifically financial bad things or feces). My definition of Plan B from the original post was…
    - 9 days ago, 26 Jun 14, 5:50am -

Where Does All My Money Go

  • Advisors could earn $1 million more over their career by lowering costs for investors
    Question: How much more would a financial advisor earn over their career by dropping product costs for their clients? Answer: Over $1 MILLION Last week I showed how lifetime investing fees could easily top $100,000. That’s an inflation adjusted fi…
    - 95 days ago, 1 Apr 14, 2:52pm -
  • Pensions 101 with @SeanCooperWrite (PODCAST)
    Episode 40 This week’s episode of Mostly Money, Mostly Canadian is now available on iTunes (You have to click through to “view in iTunes”). You can also just use the embedded player or MP3 download down below to listen to it right away (you mu…
    - 27 Mar 14, 6:47am -
  • Your lifetime investing fees could easily top $100,000
    A reader recently asked me a question about investing fees over a lifetime. I’ll cut to the chase first, but please see below for more colour on this conversation. Q: What would the lifetime cost of investing be for a Canadian who consistently sav…
    - 23 Mar 14, 6:17pm -
  • More on The Financial Advisors Act of Ontario with @DanHallett (Podcast)
    Episode 39 This week’s episode of Mostly Money, Mostly Canadian is now available on iTunes (You have to click through to “view in iTunes”). You can also just use the embedded player or MP3 download down below to listen to it right away (you mu…
    - 14 Mar 14, 7:05am -
  • Discussing The Financial Advisors Act of Ontario with @WillBrittonCFP (PODCAST)
    Episode 38 This week’s episode of Mostly Money, Mostly Canadian is now available on iTunes (You have to click through to “view in iTunes”). You can also just use the embedded player or MP3 download down below to listen to it right away (you mu…
    - 7 Mar 14, 6:00am -

Group Benefits Online

  • Basics of Emergency Travel Insurance
    When you’re travelling across Canada or to another country you could face an unexpected medical emergency. Emergency Travel Insurance is part of most group benefit plans and is designed to make your business or pleasure travel worry free. Many pla…
    - 15 days ago, 20 Jun 14, 7:56am -
  • Corporate Social Responsibility Helps Build a Team
    At Ideaca, people and the community are important. Through the coordinating efforts of its Social Responsibility Task Force, which includes a representative from each of its five offices, Ideaca has extended its reach – locally, nationally and inte…
    - 29 days ago, 6 Jun 14, 1:24pm -
  • Best Workplace Interview with Scot Rutherford
    Scott Builders is an industry leader, not only because it consistently ranks among Canada’s Top 50 Canadian Contractors by volume but also because its commitment to creating, building and fostering a corporate culture resulted in it being recognize…
    - 29 days ago, 6 Jun 14, 1:07pm -
  • Target Benefit Pension Plans
    Pension de-risking can take many forms. As a plan sponsor, you can introduce minor changes like switching to a less generous plan formula (final average earnings to career average earnings), or more drastic measure like closing the plan to new entran…
    - 58 days ago, 8 May 14, 11:59pm -
  • Getting Rising Health and Dental Benefit Costs Off the Books
    Similar to defined benefit pension plans, traditional health and dental benefit plans are like an open-ended liability for employers. Providing health and dental benefits to employees has always been costly and it isn’t getting any cheaper – heal…
    - 81 days ago, 15 Apr 14, 1:26am -

Canadian Couch Potato

  • Bond Bears: Admit You Were Wrong
    One of the most common excuses made by forecasters is, “I wasn’t wrong, I was just off with the timing.” But that fails to acknowledge that timing is an integral part of any forecast. Imagine a weather reporter predicting rain on Monday and cla…
    - 1 day ago, 4 Jul 14, 7:28am -
  • Calculating Adjusted Cost Base: A Case Study
    If you’ve read our ironically titled white paper, As Easy as ACB, you understand how complex it can be to track the adjusted cost base of ETFs. You need to account for all purchases and sales of shares during your holding period and then adjust for…
    - 8 days ago, 27 Jun 14, 5:00am -
  • Rebalancing With Cash Flows
    With stocks continuing to enjoy a roaring bull market, rebalancing is on the minds of many investors—or at least it should be. Disciplined investing starts with choosing long-term targets for the asset classes in your portfolio and making regular a…
    - 12 days ago, 23 Jun 14, 6:00am -
  • US Investors in Canada: What to Watch For
    Index investors in the US have always had it easier than Canadians, thanks to lower costs and more choices. Unfortunately, if those investors move to Canada, their plight becomes much more difficult. Unlike Canada (and virtually every other western c…
    - 17 days ago, 18 Jun 14, 7:32am -
  • A Trove of Tax Tips for Canadian Investors
    If your long-term savings are all in RRSPs and TFSAs, consider yourself lucky. Using tax-sheltered accounts is easy compared with the plight of investors who are saving in non-registered accounts. From deciding on the right asset location, to harvest…
    - 22 days ago, 13 Jun 14, 6:00am -

Balance Junkie

  • 3 Ways to Change Your Lifestyle to Save Money
    Many of us, in these tough times, are looking for ways to save money. You might be surprised, however, to discover that you don’t have to make huge changes to get ahead financially. Many of the things that you have ingrained as part of your lifesty…
    - 81 days ago, 15 Apr 14, 4:00am -
  • How to Save Money When Shopping Year-Round
    Many of us are constantly looking for ways to save money when we shop. The good news is that, no matter the time of year, it’s possible to save money when you plan ahead. Think through your purchases, and buy when items are out of season, and you w…
    - 23 Jan 14, 5:00am -
  • Top 10 Tips for Securing the Best Car Loan for You
    Do you want the best car loan possible? Now is a good time, since interest rates are low, and there are plenty of cars to choose from. Here are 10 tips that can help you get the best deal on a car loan: 1. Shop at the end of the month One of the best…
    - 22 Jan 14, 5:00am -
  • New Year Investing: Build Your Portfolio
    It’s a brand new year, and that means there are many new opportunities for investing, and improving your finances. If you are looking for a way to revamp your investment portfolio for a new year, here are a few things to consider. Build Your Income…
    - 15 Jan 14, 5:00am -
  • Why It Stinks to Be a Lawyer
    At some point in your life you probably thought about it: make the big bucks by becoming an attorney. Fancy suits, fine cars, lavish homes. What’s not to love? Well there is an untold story of being a lawyer in the modern world. Here’s the truth…
    - 10 Dec 13, 1:00am -

Boomer & Echo

  • A New Look At The RRSP vs. Mortgage Debate
    Most debates over whether to pay down the mortgage or contribute to an RRSP boil down to one thing.  If the interest rate on your mortgage is less than the expected return of the investments in your RRSP, then go with the RRSP.  When rates are high…
    - 2 days ago, 3 Jul 14, 12:00pm -
  • Should You Sell The Family Home?
    Another disadvantage when considering downsizing your home is that even a smaller house will not cost that much less than the one I have now.The post Should You Sell The Family Home? appeared first on Financial Freedom.
    - 4 days ago, 1 Jul 14, 2:00pm -
  • Net Worth Update: 2014 Midyear Review
    This year has been heavy on spending with not much focus on saving.  The spending is purposeful, though, as we borrowed $35,000 on a line of credit to develop our basement, which will increase the value of our home. The interest rate on the line of…
    - 6 days ago, 29 Jun 14, 9:50am -
  • Weekend Reading: Messy Aeroplan Transition Edition
    Part of the new Aeroplan credit card agreement meant that some CIBC Aerogold accounts were sold to TD.  Those affected by the move were to receive a letter from TD, along with a new Aeroplan credit card, prior to June 16th when their CIBC Aerogold a…
    - 9 days ago, 26 Jun 14, 3:24pm -
  • Escape To The Countryside
    I regularly watch a program on BBC-Canada called “Escape to the Country.” The show features couples and/or families that want to leave the grind of big city life to live in the country. Although the show is based in England, I find myself fasci…
    - 11 days ago, 24 Jun 14, 2:00pm -

Young and Thrifty

  • YNAB versus Mint
    We've Moved! Update your Reader Now. This feed has moved to: http://feeds.youngandthrifty.ca/young Update your reader now with this changed subscription address to get your latest updates from us.
    - 3 days ago, 2 Jul 14, 7:05am -
  • Why are Designer Sunglasses so Expensive?
    We've Moved! Update your Reader Now. This feed has moved to: http://feeds.youngandthrifty.ca/young Update your reader now with this changed subscription address to get your latest updates from us.
    - 6 days ago, 29 Jun 14, 9:18pm -
  • Book Review: Travel Hacking for Canadians: How to Travel for Less by Steven Zussino
    We've Moved! Update your Reader Now. This feed has moved to: http://feeds.youngandthrifty.ca/young Update your reader now with this changed subscription address to get your latest updates from us.
    - 10 days ago, 25 Jun 14, 8:56pm -
  • Does Being Raised by Frugal Parents Make your More Frugal?
    We've Moved! Update your Reader Now. This feed has moved to: http://feeds.youngandthrifty.ca/young Update your reader now with this changed subscription address to get your latest updates from us.
    - 13 days ago, 22 Jun 14, 7:30pm -
  • Dividend Income Update June 2014
    We've Moved! Update your Reader Now. This feed has moved to: http://feeds.youngandthrifty.ca/young Update your reader now with this changed subscription address to get your latest updates from us.
    - 17 days ago, 18 Jun 14, 7:00am -

Canadian Tax Resource

  • Year-End Tax Planning For 2013
    Although the end of 2013 is still several weeks away, many income tax planning opportunities for individuals and businesses must be taken care of before the end of the calendar year. This newsletter contains a number of tax planning opportunities tha…
    - 9 Nov 13, 6:00am -
  • Common GST & HST Filing Errors
    As a small business owner, the collection of HST may be seen as a nuisance and for some it may feel as if you are acting as a tax collector. Like it or not, we all have to comply, file and remit the HST we have collected. Whether you complete your HS…
    - 7 Nov 13, 6:00am -
  • Top Bookkeeping Mistakes
    Over my career, I’ve seen a lot of journal entries and I’ve seen what can happen to someone’s livelihood when bookkeeping mistakes are made. The fact is, that one of the most common reasons a business fails is due to poor financial management.…
    - 5 Nov 13, 6:00am -
  • Your Part-Time CFO
    Within any business, the financial controller or chief financial officer’s (CFO) is the top finance role within any organization. Their function is to understand your business’s numbers and provide you with a financial analysis of your business r…
    - 4 Nov 13, 11:28am -
  • A Great Bookkeeping Filing System
    We have all heard of the shoebox accounting system where all of the receipts are put into a box and taken to the accountant or bookkeeper to be sorted and turned into financial statements or a tax return. If you really want to save on professional bo…
    - 17 Sep 13, 7:57am -

Thicken My Wallet

  • Farewell and thank you for reading
    Today is the 735th, and last, post on this blog. It has been an eventful 5 years for the world and I was privileged to blog about it during such interesting times. I wanted to take this opportunity to thank you, the reader, first and foremost. I once…
    - 30 Apr 12, 3:00am -
  • A 5 year retrospective: a conversation with Canadian Capitalist and Preet Banerjee
    I am pleased to be joined by Preet from www.wheredoesallmymoneygo.com and Ram from www.canadiancapitalist.com in my second last post. Ram and Preet were gracious enough to take time from their busy schedules to convene a round-table with me to discus…
    - 25 Apr 12, 3:00am -
  • Farewell from Mom2KG
    Our regular columnist, Mom2Kg, says her farewells. I am pleased to offer my sincerest congratulations to Thicken My Wallet for its thoughtful and innovative approach to personal finances and related issues over the last number of years. In particular…
    - 19 Apr 12, 3:00am -
  • Are you ahead of the upcoming trend in personal finance?
    The retirement savings gap, the aging demographic and growing government deficits are all future trends we know and can possibly plan around. What often gets less attention are a societal trends that have personal finance dimensions to them.  With t…
    - 17 Apr 12, 3:00am -
  • To the young worker…
    I hate reading articles about young people entering the work-force. They are paint by numbers articles consisting of the following: Find some grumpy older supervisor to tell stories about how young workers are entitled, lazy and difficult to manage.…
    - 12 Apr 12, 3:00am -

Bank Nerd

  • Your Closing Costs Explained
    There’s a lot more to buying a home than simply signing the Agreement of Purchase and Sale. Not only will you need to put enough money aside for your deposit and down payment, you’ll also want to budget for your closing costs. Many homebuyers mak…
    - 9 May 13, 12:17pm -
  • Scotiabank and American Express – Bringing You Meaningful Travel Faster
    Several months ago I wrote about the new partnership between Scotiabank and American Express, which resulted in Scotiabank launching a suite of three new credit cards. We worked out a partnership with Scotiabank for us to get a trial run with the Sco…
    - 11 Apr 13, 7:43am -
  • The NEW Scotiabank Gold AMEX Experience!
    Almost two months ago, Scotiabank made an announcement that was very exciting for those of us who are passionate about travel – they announced their partnership with American Express and launched three brand new credit cards. The new suite of credi…
    - 5 Dec 12, 12:55pm -
  • Frequently Never Asked Questions for your Travel Medical Insurance
    So, you’re heading on vacation? More than likely you’ve been told to buy travel medical insurance “just in case”. The fact is travel insurance is just as important for you to pack as any item in your luggage. No matter where you’re headed t…
    - 26 Nov 12, 9:51am -
  • Affordable Condos Finally Coming To Vancouver
    Buying a home in one of Canada’s booming real estate markets like Vancouver or Toronto can be depressing. Younger couples and first-time homeowners are likely to find that their options for living in the city just won’t happen. There’s a huge d…
    - 19 Nov 12, 12:29pm -

Investing Thesis

  • Going On Hiatus ….
    As alluded to in an earlier post, this site is will be put on temporary hiatus until further notice. Since its inception, I’ve enjoyed (almost) every second of publishing this blog. Moreover, I’ve cherished and held dear every interaction with an…
    - 15 Mar 11, 8:17pm -
  • Talking Gold Mining In the Democratic Republic of Congo With Michael Cooper, CFA
    Setting aside the current unrest in Libya for a moment, the fact remains that Africa presents a wealth of opportunity and growth for companies and investors. For resource companies in particular, the bounty of riches is there for the taking. Companie…
    - 13 Mar 11, 10:34pm -
  • Canadian Personal Finance & Investing Carnival
    Welcome to the 16th edition of the Canadian Personal Finance & Investing. Before I continue, I wanted to let all of you know that this will be the last Carnival for the near future. I’m hoping to publish one more post before putting Investing Thesi…
    - 27 Feb 11, 9:23pm -
  • An Energy Pick By Portfolio Manager Daniel Cheng of Matco Financial Energy Fund
    Following up on the interview with Daniel Cheng of Matco Financial, I now present one of Daniel’s top picks in the energy sector. Enjoy. Q: Can you tell us a little bit about the company, the economics of the industry/sector and anything else you t…
    - 22 Feb 11, 9:23pm -
  • Bull On Crude Oil, Bear On Natural Gas Is Portfolio Manager Daniel Cheng Of Matco Financial
    This post was included in the Carnival of Money Stories, Totally Money Blog Carnival, Carnival of Wealth and the Canadian Finance Carnival. With the crude contract for March rising by 72 cents to $85.04 U.S. on the back of news claiming a lesser buil…
    - 16 Feb 11, 9:21pm -

Canadian Financial DIY

  • WaterFurnace Renewable Energy - All's well that ends well
    WaterFurnace (TSX: WFI) is being acquired by a Swedish company in the same business, bringing to an end the four-year holding that I posted about in 2010 when I first bought shares in WFI. Though WFI's price took a big jump up from recent $25 or so t…
    - 10 days ago, 25 Jun 14, 4:28am -
  • Sustainability and Executive Pay in S&P 500 Companies compared to Canadian Large Caps
    Pensions and Investments reports on a study by GMI Ratings research firm that found the majority (58%) of S&P 500 linked executive pay to performance on sustainability (aka environmental social and governance) factors. That's perhaps impressive news…
    - 58 days ago, 8 May 14, 1:34pm -
  • Book Review: Stocks for the Long Run (5th ed) by Jeremy Siegel
    SfLR is a classic, a book that every self-directed investor should read. Primarily history, but with a good dose of explanation, and primarily about the USA, it's the best overview of the equity side of investing one can find. It's a book about stock…
    - 60 days ago, 6 May 14, 4:30am -
  • Good new, bad news: Living even longer than previously expected
    Back in February a Canadian Institute of Actuaries press release told us that as a result of compiling data specifically on Canadians (previously, they had always apparently relied on US data), they discovered that we can all expect to live a couple…
    - 73 days ago, 23 Apr 14, 8:46am -
  • How long in advance to buy air tickets: USA data
    Interesting post on CheapAir.com on the best time to buy a US domestic air ticket - but warns answer is different for international flights. Need this stuff for Canada! Their advice - check early and often.
    - 79 days ago, 17 Apr 14, 4:39pm -

Today's Economy Blog

  • The do’s and don’ts of debt
    Lee Anne Davies has published a book with bankruptcy expert Blair Mantin. Add When Life Bites You in the Wallet to your summer reading list.
    - 3 days ago, 2 Jul 14, 1:33pm -
  • Canadian economy in the slow-growth lane
    The latest composite leading index from The Conference Board of Canada may be in positive territory. But there’s little here to get excited about.
    - 10 days ago, 25 Jun 14, 12:16pm -
  • Understanding Unretirement (E-book)
    Why retirement in today’s economy is different, harder to achieve and could be better than ever before.
    - 16 days ago, 19 Jun 14, 8:56am -
  • Success in an era of personal responsibility
    What will it take for this year’s graduates to become successful in today’s economy? I can sum it up in three words: energy, planning and passion.
    - 17 days ago, 18 Jun 14, 9:55am -
  • Four reasons not to bet on the World Cup
    The 2014 FIFA World Cup begins tomorrow in Brazil. Here’s why you should take a pass on that pool you’ve been invited to join.
    - 24 days ago, 11 Jun 14, 10:31am -

Canadian Dream: Free at 45

  • Saving Is Not Future Spending
    People don’t save enough.  At least that seems to be the theme of multiple studies and opinion pieces around the internet.  We often blame poor education, or consider using forced saving programs, but ignore the underlying reason people don’t s…
    - 2 days ago, 3 Jul 14, 6:23am -
  • A Change in Finances
    My wife and I currently have almost completely separate finances. We each have our own share of bills that we pay every month, and our own share of savings that we’re “expected” to contribute, but beyond that, we don’t really have any other f…
    - 3 days ago, 2 Jul 14, 6:54am -
  • June 2014 – Investment Update
    The following is an update of Tim’s plan to retire early.  Please note we are mortgage free, and the house equity isn’t part of the retirement plan. To track my progress I’ve decided to track both my expenses and my investment gains.  So once…
    - 5 days ago, 30 Jun 14, 6:33am -
  • Expensive Vices
    Dave is also looking to retire no later than 45, but unlike Tim has no kids and doesn’t want any. Dave is from Ontario and is working towards his CGA certification. I try not to waste money. I over-think most things I purchase to the point of exasp…
    - 11 days ago, 24 Jun 14, 6:31am -
  • Old is New Again: Buy It For Life
    There is a forum over at Reddit called Buy It For Life, which focuses on products that are durable, high quality and practical.  In summary they tend to think planned obsolesce sucks and should be avoided where possible.  Ironically while looking i…
    - 15 days ago, 20 Jun 14, 6:26am -

Sustainable Personal Finance

  • newWhat To Do with the Extra Produce from Your Garden
    One of the best ways to enjoy fresh food is to grow a garden. There’s plenty of fresh food to enjoy during the summer, and it doesn’t cost very much when you grow it yourself.But what happens when you have extra produce? You don’t want it to ju…
    - 6 hours ago, 5 Jul 14, 5:35am -
  • 4 Things You Didn’t Know About Online Investing
    At this juncture in the 21st century, people from all walks of life are using the Internet to deal with a wide range of different types of personal and business matters. A growing number of people are utilizing the Internet for the purposes of online…
    - 2 days ago, 3 Jul 14, 5:52am -
  • 5 Ways to Stay Cool without Turning on Your Air Conditioner
    Summertime is hot. As a result, it becomes necessary to cool down. If you want to avoid turning on the air conditioner, there are ways to keep cool. And you don’t need to resort to going to the mall, either (although a trip to the swimming pool or…
    - 9 days ago, 26 Jun 14, 6:05am -
  • Top tips to make your eco-home count
    Have you looked at the news recently? If there isn’t a new war raging, a political sleaze scandal or a threat from some foreign entity you hadn’t heard of until now, there’s celebrity news to neutralise your panic.It’s all enough to make you…
    - 17 days ago, 18 Jun 14, 4:53am -
  • The Basics of Forex Trading
    The rise of technology in the last two decades has led to an explosion of investing choices for “regular” folks. Almost anyone can open a brokerage account online and begin investing. But investing opportunities go beyond just stocks and bonds th…
    - 31 days ago, 4 Jun 14, 5:30am -

The Passive Income Earner

  • Dividend Income – June 2014
    My biggest month ever in Dividend Income! I will admit that it’s a slow process and you can’t stare at the numbers daily but after 4 years, I have seen growth from my savings but also from dividend increases. My 50K is all deployed as well so I s…
    - 13 days ago, 22 Jun 14, 8:52pm -
  • Recent Trades – June 2014
    As I mentioned a couple of months back, I was transferring 50K from my indexed RRSP account to my dividend portfolio. I started my research by looking into REITs and offered the Best Canadian REITs. One of the important factor in making my purchase i…
    - 14 days ago, 21 Jun 14, 2:21pm -
  • Benefits of Cross Listed Stocks
    Recently, I discussed in my newsletter how I was buying shares of companies on the TSX and having them transferred to the NYSE through the process called ‘journalling’. I am not sure if it’s the technical term but it is a term used with the dis…
    - 18 days ago, 17 Jun 14, 9:34am -
  • 10K Minimum Investment Target
    We all need to start somewhere in everything we do. When it comes to investing, we start small and buy different stocks to diversify and grow our portfolio from there. The reality is that we might even stay away from high priced stocks because we fee…
    - 34 days ago, 1 Jun 14, 10:30pm -
  • Why Buy Whole Life Insurance?
    Typical consumer-advocate advice is that families should purchase term life insurance. I completely agree with this advice in general. However like most generalities, it’s only mostly true. There are times when a whole life insurance policy is usef…
    - 37 days ago, 29 May 14, 1:25pm -

Dividend Ninja

  • Four Key Dividend Metrics You Need to Know
    This article was published in the May 2014 edition of the Canadian MoneySaver, and is posted here with permission. For more information visit www.canadianmoneysaver.ca Although dividend investing can seem overwhelming and complicated, it really does…
    - 52 days ago, 14 May 14, 11:00am -
  • The Weekly Lineup: CMS Webinar, Top Blogs, and $500 Cash Giveaway
    First off, I wanted to thank everyone who attended the webinar last Tuesday, with the Dividend Ninja (that's me) and Peter Hodson. There were a few technical glitches, but I hope you found value in the webinar. Most importantly, I hope you enjoyed it…
    - 56 days ago, 10 May 14, 12:21pm -
  • The Weekly Lineup: YVR Bloggers and John Chow Edition
    Over the last month, I’ve been out to local Meetups, connecting with some of the Vancouver WordPress and blogging groups. When I heard the legendary John Chow would be speaking at the YVR Bloggers Meetup this month, I made sure to sign up right awa…
    - 76 days ago, 20 Apr 14, 12:39pm -
  • The Shift to Late Expansion Sectors
    Written by Donald Dony, author of the www.technicalspeculator.com.As a new bull market progresses, there is a normal sequence of economic development. This progression favours certain industry groups at different times.In the late contraction sta…
    - 80 days ago, 16 Apr 14, 9:46am -
  • The Weekly Lineup: Stay on the Path Edition
    "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful."Warren Buffett.Markets continue their march onwards and upwards, and show no signs of taking a break. Everyone knows the Warren Buffett adage "Be greedy when others are fearful.…
    - 91 days ago, 5 Apr 14, 11:27am -

Michael James on Money

  • A Financial Quiz
    I enjoy taking financial quizzes, even the type that ask dumb questions like “is taking a vacation financially irresponsible?” Of course, the answer is “it depends,” and people get to argue about it pointlessly. I have a very short quiz wit…
    - 1 day ago, 4 Jul 14, 7:35am -
  • Short Takes: Costly CPP Active Investing, Forecasts, and more
    Here are my posts for this week:Norbert’s Gambit Catch at BMO InvestorLine The Pension Debate People seem to be writing less during the summer months, but here are a few short takes and some weekend reading:Andrew Coyne explains that the CPP switch…
    - 1 day ago, 4 Jul 14, 4:30am -
  • The Pension Debate
    I’ve read many articles on the debate over whether we need an improved pension system, and I’ve noticed some patterns. The two sides rarely address each other’s issues.Arguments for ChangeSupporters of change usually point to the alarming numb…
    - 2 days ago, 3 Jul 14, 4:30am -
  • Currency Exchange using Royal Bank Stock
    In the past I’ve used the exchange-traded fund DLR to make cheap currency exchanges at InvestorLine. I decided to try Royal Bank stock (ticker: RY in both Canada and the U.S.) because it has a smaller spread to save me more money and it’s easier…
    - 3 days ago, 2 Jul 14, 7:28am -
  • Norbert’s Gambit Catch at BMO InvestorLine
    My most recent currency exchange using the Norbert Gambit seemed to go off without a hitch. I bought Royal Bank shares in Canada with Canadian dollars and then sold Royal Bank shares in the U.S. to get U.S. dollars. Two weeks later, all looked fine…
    - 3 days ago, 2 Jul 14, 4:30am -

Canadian Mortgage Trends

  • B2B Bank Invests in VERICO
    B2B Bank has made an equity investment in Verico Financial Group, one of the country’s largest mortgage broker networks. B2B, a subsidiary of Laurentian Bank, is buying a non-controlling interest in VERICO. Co-founders Colin Dreyer and John Kelly r…
    - 2 days ago, 3 Jul 14, 11:21am -
  • Mortgage Career of the Week
    Company: Bello Mortgage Corp. Ltd. Position Title: Mortgage Agent/Broker Years of Experience Required: NA Licences Required: Mortgage Agent/Broker Location of Position: Anywhere in B.C. Applicants may contact: info@bellomortgage.ca Advertise your mo…
    - 6 days ago, 29 Jun 14, 9:01pm -
  • Industry Pioneer: Michael Ellenzweig
    In some way, all mortgage brokers owe a debt of gratitude to Michael Ellenzweig. He has spent almost 40 years advancing Canada’s broker industry, organizing its members and educating its newcomers. And now, after a storied career, he’s retiring.…
    - 8 days ago, 27 Jun 14, 6:22pm -
  • Laird Steps Down from True North Mortgage
    True North Mortgage is a leader in the Canadian brokerage industry. It’s paved the way for countless brokers who target the online space. So when we heard that its founding partner and Chief Operating Officer, James Laird, was leaving, it begged t…
    - 9 days ago, 26 Jun 14, 6:24am -
  • Broker Lender Share – Q1 2014
    Mortgage broker volumes inched 1.9% higher in the first quarter, according to data from D+H. That data also showed that non-deposit-taking lenders have taken the lead back from banks in broker volume. The ones racking up market share gains weren’…
    - 13 days ago, 22 Jun 14, 5:46pm -

Before You Invest

  • Competitive and Flexible Mortgage Solutions for All Buyers
    Buying a home is a milestone event in the life of any person. It signifies that the buyer is ready to put down roots in a community and start growing their wealth. Some studies have indicated that for every two homes that are purchased, one job is cr…
    - 18 days ago, 17 Jun 14, 10:43pm -
  • The Importance of Mold Removal for Your Home
    It is very important to take action fast in order to protect your big investment: your house asking for mold removal Toronto experts. Mold can quickly grow and spread throughout a home. The growth of mold can also have serious consequences on a home'…
    - 32 days ago, 3 Jun 14, 3:17pm -
  • Promotion Products Canada Helps Your Business Grow
    Promotional products are unrivaled in their unique ability to attract new clients, grow your existing business and increase brand awareness. Promotional products Canada has your promotional product needs in mind with our excellent customer service an…
    - 35 days ago, 31 May 14, 2:10am -
  • What Is the Long Term Disability?
    The benefit payout for a long-term disability plan is usually slightly less than a short-term payout. For example, LTD may only pay 50 percent of the worker’s paycheck whereas STD may pay as much as 80 percent. An injured or ill person can collect…
    - 36 days ago, 30 May 14, 6:26am -
  • Using Cedar and Slate Roofing in the New Construction
    There are some roofs that are better than others. Slate is an ideal choice because of its style and longevity. Due to the energy efficiency properties, it prevents excessive heat loss during the winter. Cedar is ideal because it is made of wood that…
    - 47 days ago, 19 May 14, 2:07pm -

Give Me Back My Five Bucks!

  • July 2014 Goals
    July! This is going to be a busy, but exciting month for me. I’ve got a field hockey tournament to play in, a trip scheduled for Victoria to take my dad to a baseball game, and BF is having a couple of parties for the Celebration of Light fireworks…
    - 1 day ago, 4 Jul 14, 11:00am -
  • June 2014 Goals: Recap
    Even though my net worth increased this month, I didn’t do very well on my monthly goals. It was a hard month for me. Super stressed out. Work was busy, my personal life was a bit chaotic, and I had a pretty active schedule of things to get done. W…
    - 3 days ago, 2 Jul 14, 4:55pm -
  • Spending Recap: June 16-22, 2014
    Whoops, I scheduled this to post last Friday while I was on vacation, but clearly it didn’t. :| Monday 16th No Spend Day! Tuesday 17th $2.75 pizza $23.59 groceries Wednesday 18th No Spend Day! Thursday 19th $5.25 Subway Friday 20th $42.15 dinner (f…
    - 3 days ago, 2 Jul 14, 11:00am -
  • A fun evening making French macarons
    I’ve been obsessed with macarons for a couple of years now, but have never attempted to make them. Everyone always told me how hard and finnicky they were to create, so I just left it at that and continued to buy them regularly. But when I saw a Te…
    - 9 days ago, 26 Jun 14, 3:34pm -
  • The pros and cons of being in a union
    BF and I often talk about unions and how effective they are. He is part of a union for a very large national company, and loves it. Meanwhile I’ve worked in a union environment on 3 separate occasions (provincial government x2, municipal government…
    - 10 days ago, 25 Jun 14, 3:51am -

Invest It Wisely

  • Saving Tax Dollars with the Principal Residence Deduction
     Canadians get a big break when we sell our homes. Complaining about taxes is almost a sport in Canada, especially when we look to our U.S. neighbours for comparisons. But there are some areas in which we actually win the tax race, and one of these…
    - 18 Mar 14, 6:41am -
  • How Does the Property Market Affect the Stock Market?
    There are so many things that affect the stock market, some of which may be obvious, while others are not quite so visible.  Typically, any movement in oil prices, inflation rates, employment rates or interest rates will affect the stock market. Add…
    - 4 Oct 13, 8:32am -
  • Limit the Daily Stresses of Trading by Minimizing Risk
    Trading can be a highly stressful environment and it is one that is fraught with risk. Many people earn substantial amounts through trading, but there are numerous risks too. Unfortunately, it is impossible to completely eliminate these risks but, th…
    - 28 Sep 13, 12:46pm -
  • How to Ensure a Great Real Estate Investment
    This is a guest post written by Juliana Weiss-Roessler. Buying real estate can be a risky endeavor, but if you do your research and invest wisely, it can really pay off in the long run. Buying a stable property and renting it out can give you a good…
    - 4 Sep 13, 8:46am -
  • Historical Litigation: Patent Wars Throughout History
    One could be forgiven for presuming that patent wars have reached their peak in 21st century super-technology disputes, commonly referred to as “the smart phone wars”. However, a historical examination of patent wars reveals a very different, and…
    - 19 Aug 13, 8:55am -

Beating The Index

  • NXT Energy Solutions: How Big OIL Exploration Can Save Hundreds of Millions In Exploration
    Every year the oil and gas industry flushes billions of dollars down unsuccessful and incredibly expensive exploration wells. The cost of a single exploration well these days can exceed $100 million. That’s on top of the money spent on seismic data…
    - 10 Mar 14, 6:49am -
  • High North Resources: Montney Oil Junior Hits the Ground Running
    High North is in the enviable position of having a small share float, a large land position in a proven oil play and a low-risk multi-year drilling inventory with over 150 locations. Better yet, it recently drilled 2 successful oil wells that are exp…
    - 6 Mar 14, 12:15pm -
  • Taipan Resources: Hunting Elephants in Kenya
    The East African Rift Basin system is one of the last of the great rift basins to be explored. It was only in 2012 that Tullow and Africa Oil struck first oil in Kenya. It transformed Africa Oil into a multi-billion dollar company as the stock price…
    - 27 Feb 14, 6:39pm -
  • Commercial Oil Production within reach for Africa Hydrocarbons & Dualex Energy?
    The “fruit flies” have finally showed up but it took longer than expected! The first time I bought DXE & NFK was back in April where I mentioned the part about the fruit flies: “In the near term, I don’t expect the share price to go anywhere…
    - 11 Oct 13, 10:45am -
  • War on Syria May Trigger Oil Shock and Global Economic Collapse
    I still remember quite well the oil shock we witnessed in 2008; oil hit a record of $147 per barrel and quickly tumbled back down as the economy collapsed. The way events are moving these days, chances are we are about to witness a larger oil shock t…
    - 3 Sep 13, 3:15pm -

The Moneygardener

  • can a cash advance loan be paid back quickly?
    A cash advance loan – money you borrow from a payday loan provider, based on your next paycheck – can be either a very useful or potentially destructive tool. Millions of people who work hard at their jobs use cash advances in order to cover unpl…
    - 28 Jun 12, 7:45am -
  • Need Cash for Your Business? Consider a Merchant Cash Advance
    Whether your small business is a start-up or fairly well established there will come a time when an infusion of cash is necessary. Maybe you want to do a big marketing push, or maybe equipment needs to be upgraded. Whatever the reason, as a small bus…
    - 3 Jan 12, 2:41pm -
  • Who Are the most Profitable Customers?
    Who Are the Most Profitable Customers?If you are looking to grow and sustain your business, it will help you to know who your most profitable customers are. Identifying which customers are worth the most to your business is important, as it allows yo…
    - 20 Dec 11, 10:15am -
  • starting / growing a very young business
    Wow!  I have just completed the largest challenge that I have ever faced in life and it has been exhilarating!Planning a business venture and then actually starting and operating the business for 6 months is quite a ride.  Ups and downs have been t…
    - 2 Nov 11, 4:23pm -
  • Cheap Insurance Coverage & the Importance for your Family in Saving Money
    Today, with the rising costs of food, fuel, and other of life's necessities, families are struggling to maintain their household budgets. For this reason, saving money on insurance coverage you need has become essential. When families find ways to cu…
    - 25 Jun 11, 12:50pm -

Andrew Hallam

  • Trick Question: What Performs Better Than Index Funds?
    Image courtesy of pixabay.com Few teachers upset their students on purpose. But I do it every semester. “Broad index funds comprise every stock in a given market,” I explain to my high-school personal finance class. “Nobody trades them. Activel…
    - 15 days ago, 20 Jun 14, 10:33pm -
  • Can You Really Live Better On Less?
    In three weeks, my wife and I will leave Singapore for an unconventional lifestyle. We’re going to travel around the globe, spending at least three months in each destination: renting homes, housesitting, learning bits of language and customs. We m…
    - 47 days ago, 19 May 14, 11:32pm -
  • Are Portfolios of Index Funds Risky?
    Are Portfolios of Index Funds Risky? To find out, check out my latest article in the Globe and Mail: Click here
    - 52 days ago, 14 May 14, 5:33am -
  • British Expatriate Investors Can Buy Index Funds From Anywhere In the World
    Image courtesy of pixabay.com British expatriates have far cheaper investment options than getting stuck with expensive, inflexible offshore pensions, such as those provided by Friends Provident, Generali Vision and Royal Skandia. Instead of paying r…
    - 56 days ago, 10 May 14, 6:53pm -
  • Can Canadian Expats Enjoy The Most Tax Free Portfolio In the World?
    Image courtesy of pixabay.com Horizon Canada just offered a swap based Canadian bond ETF, which will be trading on the Toronto stock exchange tomorrow. http://www.horizonsetfs.com/pub/en/etfs/?etf=HBB&tab=overview Horizon already offers a Canadian an…
    - 57 days ago, 9 May 14, 4:36pm -

Riscario Insider

  • MAKE SURE YOUR INTERNET SERVICE IS RUNNING AT THE PROMISED SPEEDS
    Internet service isn’t cheap. How do you know if you’re getting the speeds you’re promised (and paying for)? You can’t tell unless you monitor regularly. You then have a baseline for comparison. Your Own TestsYou can run your own tests with O…
    - 7 days ago, 28 Jun 14, 5:28pm -
  • SIX QUESTIONS TO ASK BEFORE SELECTING AN INSURANCE ADVISOR
    If you're looking for an insurance advisor, you’ve got lots of choices. Before picking one, interview several and ask questions, including these six.1. How Did You Get Into The Insurance Business?This is an indirect way of asking why they decided t…
    - 13 days ago, 22 Jun 14, 9:34am -
  • READ THIS BEFORE GIVING REFERRALS TO AN INSURANCE ADVISOR
    Insurance advisors love referrals but why would you bother giving them? They sell the same products from the same insurance companies at the same prices. What really sets an advisor apart? The potential advisor must show they are significantly better…
    - 20 days ago, 15 Jun 14, 12:44pm -
  • FIVE MONEY LESSONS FROM JACK BAUER AND 24
    We can learn valuable lessons about money from Jack Bauer (Kiefer Sutherland) and others in the Counter Terrorism Unit (CTU) . Here are five. 1. Communicate ClearlyWhen time is tight, every word and second matters. In 24, you know what’s said and w…
    - 26 days ago, 9 Jun 14, 10:44am -
  • REFLECTIONS ON THE GLOBAL CHANGE INITIATIVE (@CSLCsummit)
    The first-ever Global Change Initiative (@CSLCsummit) took place from Friday evening until Sunday evening at Toronto City Hall (May 30-Jun 1, 2014). The location makes a big difference. We were in the Council Chambers. The acoustics are terrific —…
    - 31 days ago, 4 Jun 14, 10:00am -

My University Money

  • What Kind of Career Can You Have With a Sociology Degree?
    Sociology is one of those majors that doesn’t attract a lot of career attention. It is, after all, a soft science, and not a frequent topic of conversation when it comes to determining the current hot careers. But in fact, a sociology degree does o…
    - 3 days ago, 2 Jul 14, 7:00am -
  • The Boundless Careerist: Finding the Right Location for Your Talents
    Once they’ve completed their degrees (or training), many students settle into the immediate area where they’ve been studying. There’s nothing wrong with settling down in a college town but ultimately you’ll put a limit to how far you may go w…
    - 4 days ago, 1 Jul 14, 9:18pm -
  • What To Look For In A Cell Phone Plan
    Ten years ago getting a cell phone was a big deal. I didn’t have cell service where I grew up so it didn’t make sense to get a phone until I was in university. Cellphone shopping back in 2005 gave you the choice of 5 phones through 3 different pr…
    - 20 days ago, 15 Jun 14, 7:30pm -
  • Getting Your Email Skills Ready for the Business World
    Writing skills have gotten a bit, well…atrocious. This is particularly true among university students, but it’s not entirely your fault. Texting, tweeting, instant messaging, and social media exchanges in general emphasize quick, minimalist and v…
    - 27 days ago, 8 Jun 14, 8:40pm -
  • Student Loans May Keep You From Buying a Home One Day
    As if there weren’t already plenty of reasons why you should keep student loan debt to a minimum, there’s yet one more. One day you may want to buy a home and you’ll need to take a mortgage in order to do it. A student loan could cause complica…
    - 30 days ago, 5 Jun 14, 7:00am -

Canadian Personal Finance

  • CIBC Promo – Get $400 cash back with new VISA and new bank account
    You should at least get $300 profit from this, depending on how long you keep the account. All the information for the promotion is here.The tim hortons double double visa card have the following welcome bonus:-Receive $20 in Tim Cash as a Welcome B…
    - 1 day ago, 4 Jul 14, 6:58am -
  • Tips on setting up your life insurance without being duped
    Protecting singles and their survivors’ interests upon their departure from Earth means factoring in financial planning, costs of burials and even unpaid bills one may possibly leave behind. While humans certainly cannot predict tomorrow, they can…
    - 18 days ago, 17 Jun 14, 9:48am -
  • Switch To BMO – BMO Bank of Montreal and earn $300!
    Kick back, relax and switch your banking to BMO. And they will give you up to $300. Follow these 3 easy steps Step 1 : To get first $100, open a chequing account with a recurring direct deposit Step 2 : To get a second $100, set up a pre-authori…
    - 27 days ago, 8 Jun 14, 4:11pm -
  • How are poker winnings in Canada taxed?
    Recently I was asked if winnings from online poker were taxable, apparently a common question since more and more Canadians are now playing poker online – I actually didn’t know what to say. It was time to find out how winnings in Canada are taxe…
    - 44 days ago, 22 May 14, 8:13pm -
  • Hobby or Business: A Millionaire’s Take on Online Poker
    Money talk always takes an entertainingly serious avatar when the poker industry, as one may call it, is referred to. Poker underwent a serious boom in the mid 1990s with the rise of the online poker room, and despite North American players now being…
    - 67 days ago, 29 Apr 14, 6:27am -

Thirty Six Months

  • How to Throw a Great Party
    We all think of ourselves as expert party planners, but did you know that there is a science to it?   Yes, party planning, even if it is part-time, is a skill, and can be learned. There is more to it then flowers, and invitations. There is a method…
    - 2 days ago, 3 Jul 14, 10:27am -
  • 4 Reasons to Start Investing While You’re Still Young!
    Living in the moment – and Instagram-ing, Facebook-ing, and Tweeting every second – seems to be the adage of the current “20-something” generation. It’s not always easy to even think about the near future. With this type of mentality comes…
    - 3 days ago, 2 Jul 14, 11:12pm -
  • Sponsored by Fifth Third, Caring Bank
    Job hunting is a soul-crushing endeavour. Not only are you looking for something that’s going to pay your bills, but it also comes down to the perfect fit. Not all jobs are equal, and not all jobs are created equal. There are a lot of people who he…
    - 5 days ago, 30 Jun 14, 5:33pm -
  • The Advantages of Owning a Home
    Buying a house is one of the most important, and costly, financial decisions you can make in a lifetime. Even those that scoff at all types of consumer debt are still willing to take out a mortgage to buy a home. There are several benefits of owning…
    - 10 days ago, 25 Jun 14, 1:02pm -
  • 5 Tools That Every Blogger Should Use
    I have a thing about pimping out products that I love. I think it’s fair to help people find things that make sense, and make their life easier. Let’s face it- blogging a business, and we really need to treat as such. It could be a business that…
    - 19 days ago, 16 Jun 14, 7:46am -

How To Save Money

  • The RDSP: IF You Qualify, Don’t Leave Money On The Table
    At the start of 2009, Canada's financial world experienced a tremendous buzz when the Tax Free Savings Account was rolled out. But just one month earlier, there was another program unveiled that has not been given its proper due. If you're eligible…
    - 5 days ago, 30 Jun 14, 10:00pm -
  • Get Loads Of Free Movies With Scene Rewards
    I've been collecting Scene rewards since late last year because that is when Cineplex FINALLY came to my area after buying out Empire Theatres who had a monopoly around here. Now Cineplex has the monopoly … but at least we have points!Given th…
    - 12 days ago, 23 Jun 14, 10:00pm -
  • BMO Air Miles Mastercard Review
    ClassStandardTypeMasterCardIssuerBank of MontrealAnnual Fee$0Interest Rate19.90%Min. IncomeN/A…
    - 19 days ago, 16 Jun 14, 10:00pm -
  • When to Buy Things To Save The Most Money
    An effective and simple saving strategy is to buy items in the off–season – when they are at their cheapest. For example, the price of air conditioners is the highest in the spring when the snow melts and it starts to get warmer. Prices start t…
    - 26 days ago, 9 Jun 14, 10:00pm -
  • How To Get Started With Couponing
    You may have seen the show Extreme Couponing, or may have been stuck behind an "extreme couponer" at the checkout. How do they do it? Where do they get those coupons from? Does it take a long time to plan and get organized? Well, read on to find ou…
    - 33 days ago, 2 Jun 14, 10:00pm -

My Own Advisor

  • Weekend Reading – Top blogs, Buffett, money habits and more
    Welcome to another Weekend Reading edition, I hope everyone had a great Canada Day!  This week I wondered if life insurance made sense for seniors and I started a new giveaway – so make sure you enter. Thanks very much to fans of this site that vo…
    - 2 days ago, 3 Jul 14, 5:11pm -
  • Travel Hacking Your Way to Savings and Deals – Giveaway
    Who doesn’t love travelling?  Who doesn’t love to save money, earn rewards and take advantage of great deals when travelling?  That’s what I thought. Travel hacking sounds like computer hacking, something bad, something you’ll get caught fo…
    - 4 days ago, 1 Jul 14, 9:34pm -
  • Does Life Insurance for Seniors Make Sense?
    After I read this question myself, my immediate answer was “no”.   Maybe that was narrow-minded. I know for our financial situation, decades from now, I’m trying to avoid paying life insurance premiums.  This is because my wife and I hope we…
    - 6 days ago, 29 Jun 14, 6:20am -
  • Weekend Reading – Income streams, cash flows, retirement and more
    Welcome to my latest Weekend Reading edition where I share some of my favourite reads from the week that was. In case you missed it…this week I shared some financial goals, I started a new series and profiled my Enbridge stock pick and I boiled dow…
    - 9 days ago, 26 Jun 14, 7:59pm -
  • Top International Equity ETFs for your portfolio
    Over the last month or so, I’ve shared some of my favourite Exchange Traded Funds (ETFs) to consider for your portfolio. This post included my top Canadian Dividend ETFs and this post over here captured my top Canadian Equity ETFs. Today’s post w…
    - 10 days ago, 25 Jun 14, 5:10am -

Montreal Financial

  • 5 Income Tax Tips from the Trenches
    It is the time of year when many accountants and tax preparers live, breathe, eat and sleep taxes (leaving very little time to write about them!).  And while much of it is routine, there are numerous issues that arise, the treatment for which is…
    - 83 days ago, 13 Apr 14, 7:05pm -
  • What Small Business Owners need to know about Tax Filing Deadlines for 2014
    One of the responsibilities of being a small business owner requires having to submit a variety of tax declarations by specific deadlines or face consequences that involve penalties, interest and if left long enough, aggressive letters from Revenu…
    - 5 Feb 14, 4:30pm -
  • 9 Year End Tax Planning Tips for Small Business Owners
    As the end of the year draws nigh, it is time for business owners everywhere to start contemplating some end of year tax planning tips to not only ensure that they can maximize their tax deductions and reduce taxes payable, but to streamline the t…
    - 27 Nov 13, 3:56pm -
  • What to Do When your Tax Obligations are Overdue
    Small business owners have the added responsibility of ensuring that they are aware of, and comply with, a variety of tax obligations.  For some, this can be somewhat overwhelming, resulting in an accumulation of government notices, assessments,…
    - 4 Sep 13, 11:23am -
  • Consider These Financial and Tax Implications When Buying a Home
    The Canadian real estate market has been a good place to invest in recent years, although comparisons to the US real estate bubble, which finally culminated in 2008, are continuing to intensify. Potential homeowners often find themselves seduced b…
    - 19 Jul 13, 1:20pm -

Financial Uproar

  • newSaturday Freelance Links: What To Do When You Can’t Find Anything To Buy?
    Seeing how markets everywhere are more expensive than a senior citizen dating a 20-something, I’ve come to a conclusion. I can’t find anything to buy. There are certain pockets of value in certain sectors, and with certain companies, but they’r…
    - 6 hours ago, 5 Jul 14, 6:00am -
  • Nelson’s 4-Step Method To Launching Your E-Product
    This is one of my favorite posts of all time, back 3(!) years ago. A lot of you haven’t seen it. That changes today.  Congratulations! You’ve finally decided to take the plunge and launch your own product, leveraging the success of your blog int…
    - 1 day ago, 4 Jul 14, 7:40am -
  • How Much Does It Cost to Teach English in Korea?
    It’s Vanessa’s Thursday post, about a certain country you might be sick of hearing about. Sorry in advance, but not really.  Hello! As you’re reading this, I’ll either be in the air somewhere, or in San Francisco, eager to land in Seoul afte…
    - 2 days ago, 3 Jul 14, 6:00am -
  • Stay Away From The Airlines
    Over at Motley Fool, where the vast majority of my writing appears, sometimes I wander into the world of airlines. These articles tend to be relatively popular, so let’s see how you guys like them. But first, (obligatory mile high joke). Warren Buf…
    - 3 days ago, 2 Jul 14, 6:00am -
  • The Uproar Fund: Q2 Update
    Hey, remember how I ragged on people for updating everyone on their goals, even though nobody cares? And yet it’s apparently somehow different when you start a vanity project like trying to beat the market even though nobody really cares about that…
    - 4 days ago, 1 Jul 14, 6:00am -

Finance Fox

  • Managing Your Money Through a Homemade Budget Binder
    Remember when journals were popular? Not even ten years ago, every kid had a journal. It was like a secret friend that we disguised, vented and shared everything with. The journal was also a place where one can talk about their good days and bad days…
    - 25 Nov 13, 12:54pm -
  • Choosing a Credit Card Carefully
    There are some products and services that you need to put some elbow grease into shopping around for. Think of the most important purchases you have made in the last few years. Are there any you would do differently if you had a second chance? When i…
    - 11 Nov 13, 1:44pm -
  • The Key to Cutting Costs by Going Online
    There is no denying the internet has revolutionized the way we do almost everything and how it can help us with cutting costs, but have you considered that it also offers you the opportunity to save in a variety of different ways? Whether you are run…
    - 6 Nov 13, 8:34am -
  • Savvy The Five Biggest Debt Traps and How to Avoid Them
    Not all debt is created equal. All debt carries a certain level of risk, but some credit decisions have a much greater likelihood of bringing upon negative repercussions. The average person can put himself or herself in a healthier financial state si…
    - 22 Oct 13, 4:48pm -
  • Top Life Investments That Are Commonly Over Looked
    There are many types of life investments that are worth trying in order to help with your personal finances and future plans. However, keeping an uplifting positive attitude is not enough to attain good returns from an investment in the short term. W…
    - 22 Oct 13, 4:02pm -

Mother Miser

  • Chocolate Chip Cookies
    Every mom should have a good chocolate chip recipe. Baking them with your children will create memories they will cherish even as adults. If you are looking to save time, mix a double batch of the dough, roll half into … Continue reading →
    - 9 Aug 12, 4:00am -
  • The Debate: To Rent or to Own
    Ever since I can remember, my parents (and most of their generational peers) have been determined to buy a house, pay off their mortgage and own a piece of property outright. Ownership, for them, is the definition of financial stability … Continue…
    - 6 Aug 12, 4:00am -
  • Can’t afford it? What have you got to trade?
    Has there ever been a luxury that you simply could not afford? I imagine that is the case for most of us. Otherwise, why are you reading this blog? I have found that if you want something badly enough, you … Continue reading →
    - 2 Aug 12, 4:00am -
  • Saving Ideas from a Former Nanny
    I have often heard people say that they are going to wait to have enough money before having kids, hmm? What is enough? While having children does involve expense, it does not have to be excessive. Thinking back on my … Continue reading →
    - 30 Jul 12, 4:00am -
  • Moroccan Couscous with Saffron
    Although I am not a vegetarian nor a vegan, I have discovered some delicious recipes in Alicia Silverstone’s cookbook The Kind Diet. Here is one that I have made often and that I rely on because you can make a … Continue reading →
    - 28 Jul 12, 4:00am -

Modest Money

  • Family Business Success
    In today’s culture where the hottest businesses are seen to be the nippy little startups led by beer and pizza-fuelled college grads, the idea of strating a family business can seem dour and dated. Such companies are regarded by many as being unpro…
    - 1 day ago, 4 Jul 14, 7:15am -
  • Three Tips for Efficient Business Travel
    As the world grows more and more globalized, though many of us are now opting to work from home business travel is equally on the increase. Despite useful technological advances such as Skype and FaceTime, business relationships are still founded on…
    - 2 days ago, 3 Jul 14, 7:15am -
  • Top 5 Causes Of Personal Bankruptcy
    The following is a guest post about personal bankruptcy. If interested in submitting a guest post please read my guest post policy and then contact me. During 2013, almost 120,000 Canadians filed for bankruptcy relief or filed a consumer proposal. Wh…
    - 3 days ago, 2 Jul 14, 7:15am -
  • What To Look For When You Need A Cash Loan
    The following is a guest post about cash loans. If interested in submitting a guest post please read my guest post policy and then contact me. Although most of us do our best to go through life without ever needing a loan, in some cases, …The post…
    - 4 days ago, 1 Jul 14, 9:28pm -
  • Top Canadian Finance Blogs 2014 Winners
    And just like that we’re halfway through 2014. Up in the great white north, this means that it’s time to celebrate Canada Day. Around ModestMoney.com it means that the Top Canadian Finance Blogs poll has come to an end for another year. Despite h…
    - 4 days ago, 1 Jul 14, 10:00am -

Mo' Money Mo' Houses

  • Moving to Toronto: The First Year
    Tomorrow is Canada Day. Not only does July 1st mark the day Canada was born, but it’s also my HB and I’s one year anniversary of moving to Toronto from Vancouver. It’s crazy to think that one year ago we were driving down Bloor Street with all…
    - 5 days ago, 30 Jun 14, 4:00am -
  • Blog Love – New Job & Free Yoga Challenge
    Happy Friday everyone! I’m just about to finish week one at my new job and man did it just whip by! Even though it’s only been a week, I’m really, really loving it. The people I work with are awesome, the company is great, and I’m finally doi…
    - 8 days ago, 27 Jun 14, 5:00am -
  • Switching Careers: My Story
    I wanted to wait a while before writing this post, but I was just too excited I couldn’t help it. Two weeks ago I quit my job and today I’ll be switching careers and starting a new job that is the job. What I mean by the job is that I’ve been…
    - 12 days ago, 23 Jun 14, 4:00am -
  • Blog Love – Doing the CN Tower EdgeWalk and Loving It!
    For all of you wondering what I was talking about when I mentioned having a “birthday experience” instead of a gift this year, this is what I meant! I don’t know why, but as I continue to get older I want to do things outside of my comfort zo…
    - 15 days ago, 20 Jun 14, 4:00am -
  • Spend Money Where It Counts…On Yourself
    Back when I started this blog in December 2011, I thought I had a pretty clear picture of what my life would look like when I got older. By the time I turned 30 I would be married, in a management position at work making a decent income, and I would…
    - 19 days ago, 16 Jun 14, 4:00am -

The Loonie Bin

  • Dividend Income Update: May 2014
    I’m not sure if it was the 16 hour work days or the rainy Alberta weather that made May fly by so fast. With only three months of really warm weather, you can only hope that June, July and August will just slow down as much as possible. The good ne…
    - 32 days ago, 3 Jun 14, 10:47pm -
  • The Not-So Secrets Of The Rich
    Back when I was a kid, there were three distinct economic classifications to separate us: Poor, Middle-Class and Rich. Nowadays we have several classifications: Poor, Working-Poor, Broke, Tax-Payers, Rich and Filthy Rich. Everyone says that the mid…
    - 37 days ago, 29 May 14, 9:53pm -
  • Are You Rich-Poor?
    With the warm weather of Spring finally coming out from hiding, the season of garage sales is upon us. No matter where I drive on the weekends, there are signs for yard and garage sales everywhere I look. Everyone is selling their used junk in an eff…
    - 41 days ago, 25 May 14, 8:14pm -
  • 2014 Financial Goals- 2nd Quarter Update
    Now that there’s some financial stability in my life, I’ve been able to really hunker down and focus on saving for my financial goals in 2014. My house just sold in Edmonton which means I can now see the pain in my life in the rear view mirror a…
    - 47 days ago, 20 May 14, 12:00am -

Earth and Money

  • Self-Sustainability
    I think that many would agree with the statement, “This world is facing some large uncertainties in the near future.” Obviously that’s a pretty general statement, but who could disagree? Take a look at the debt of our surrounding countries? ……
    - 15 Aug 13, 10:20am -
  • Reduced Carbon Emissions Rewarded With Low Car Insurance Rates
    In the present day, many of the decisions that affect Canadian society are pitted in a fight between what’s best for the economy, and what’s best for the environment.  Partisan politics sadly drive a wedge between these two issues rather … Con…
    - 7 Jul 13, 6:34pm -
  • Do Energy Efficient Light Bulbs Save You Money?
    A few years ago, energy efficient light bulbs flooded the market and everyone jumped in line to buy them and save money. I wasn’t so sure though. It was clear that this ‘technology breakthrough’ cost more per bulb than the … Continue reading…
    - 20 May 13, 7:02pm -
  • What is an Enhanced Annuity?
    Are you nearing retirement? Have you been wondering what your options are? You might not know it, but there are many more options to your retirement than your retirement savings. Sure, this investment may have done you well for the … Continue readi…
    - 19 May 13, 6:14am -
  • How to Reduce Kitchen Waste
    Have you ever thrown away food because it was spoiled or past its expiration date? We have all done this at some point in our lives, but it may happen more often than you think. Did you know that Americans … Continue reading →
    - 23 Apr 13, 4:09am -

She Thinks I'm Cheap!

  • The Twitter IPO – Worth The Risk?
    In a Tweet today, Twitter announced its intent to go public with an IPO. This day has been coming for a long time, now the scrutiny of the company will really begin. According to some estimates, the company will be valued between $15 and $20 billion…
    - 12 Sep 13, 5:00pm -
  • Apple iPhone 5S – Innovative or Incremental Update?
    The 5S, Apple’s newest phone was unveiled today with much excitement and fanfair like past events. With the company’s share price down significantly from past highs and competition stiff, the 5S needs to be well received in order to put the compa…
    - 10 Sep 13, 4:10pm -
  • 9 Great Financial Blog Posts & A Free Giveaway
    Now that the summer is winding down (so sad!) I can concentrate a little more on blogging and honing my writing skills. I’ve been thinking about writing a book lately so I can share a lot of information all in one place rather than one post at a ti…
    - 9 Sep 13, 4:00am -
  • True Money Stories Giveaway – $200 in Cash!
    Now that everyone is back from their summer holidays, it’s time for another giveaway from She Thinks I’m Cheap! I ran a $50 giveaway back in December with excellent results so now it’s time for another one. The topic this time is True Money Sto…
    - 4 Sep 13, 4:00am -
  • How To Figure Out If A Home Is A Good Investment
    We’ve all been told that a home is a great investment but it can be difficult to quantify how good it really is. To answer this question, we need to ask ourselves a few more: How does a property perform compared to the stock market? How does a hous…
    - 20 Aug 13, 5:00am -

In Search of Salt

  • Nearly Everything I Learned About Investing I Learned From My Father, Revisited
    Happy belated Father’s Day to all the Dad’s out there. This is an older post that I have edited, expanded, and added to. My father is not an investor or “bank guy” by any means. But thinking back upon childhood … Continue reading →
    - 21 Jun 11, 9:44pm -
  • Dirty Marketing

    - 13 Jun 11, 7:21pm -
  • A 50% Service Fee!?
    Consider this to be a “What not to do” lesson in personal finance. I’m usually pretty much on the ball when it comes to our finances. But recently I had a slip-up that cost us 50% in fees. We have … Continue reading →
    - 9 May 11, 11:34pm -
  • Smells Like Shoe Polish
    My friend and flatmate in my 4th year of university was a geology student. His department had given him some tickets for a dinner and lecture on geology at some geological club in Toronto. Always interested to learn about something … Continue readi…
    - 23 Mar 11, 12:42am -
  • Earthquakes, Tsunamis and Meltdowns
      I’d like to say thank you to all who have emailed to make sure that my family and I are safe. I thank you. We appreciate it a lot. Luckily, the quake had no direct effect on us, as … Continue reading →
    - 13 Mar 11, 5:11am -

Blonde on a Budget

  • TGIF: Whistler, We’re Coming for You!
    Have I mentioned that I've never been to Whistler? Growing up on Vancouver Island, you go to Mount Washington instead. Needless to say, this is the one weekend of the summer I've been looking forward to the most.
    - 1 day ago, 4 Jul 14, 5:00am -
  • July 2014 Budget & Goals
    I've been thinking about my spending habits a lot lately and have decided it's time to get serious about cutting back. I'm working on a more detailed post about this for Monday, but here's a little breakdown of this budget.
    - 3 days ago, 2 Jul 14, 5:00am -
  • Update: June 2014 Budget & Goals
    June was technically the first month of summer, and that can be seen in this budget. I track my spending weekly, so I knew I was going to be way over budget this month, but it still didn't feel good to add in the final numbers last night.
    - 4 days ago, 1 Jul 14, 5:00am -
  • TGIF: We’re All Grown Up!
    Last night, Baby Bro graduated from high school, which means the three of us are no longer "kids". It's exciting to think we're all past that stage of our lives, because I've always been anxious to see what my siblings would be like as adults...
    - 8 days ago, 27 Jun 14, 5:00am -
  • My Lifetime Costs of Car Ownership
    Have you ever thought about how much it costs to own and operate a vehicle? Sure, we budget for insurance and gas, but have you ever really crunched the numbers and added up the total amount you've paid for it all in your lifetime?
    - 12 days ago, 23 Jun 14, 5:00am -

DoNotWait!

  • Everything You Need To Know about Credit Card Balance Transfers
    A credit card balance transfer is the relocation of money owed from one credit card account to another. Credit card companies offer balance transfers as a way to entice new clients. Used appropriately by consumers, balance transfers can provide a ……
    - 22 Oct 13, 1:42pm -
  • Do Stay at Home Moms Need Life Insurance?
      A Homemaker might not receive an income but is nearly irreplaceable. Think of all the things a Stay-at-home Mom does; you can’t even hire a nanny to work seven days a week! A Stay-at-home Mom is much more than …        Related Stories…
    - 9 Aug 13, 9:48am -
  • Conducting a Midyear Financial Review
    With the Summer in full swing and the midpoint of the calendar right behind us, you should have ideally completed your personal finance review already (or at least be giving it some thought). The hour or two it takes to …        Related St…
    - 2 Aug 13, 7:55am -
  • What Should Your Retirement Plan Look Like?
    We enjoy bringing you all sorts of retirement tools, tips, and ideas. We know that you’re working diligently and preparing so that you can enjoy your retirement years without stressing about the bills. You worked hard your whole life. You deserve…
    - 11 Jun 13, 2:08pm -
  • The Importance of Insurance on Your Retirement

    - 14 May 13, 11:08am -

Canadian Accountant Tips

  • Travel Tips
    Capital One (Photo credit: Wikipedia) Travel tips:I thought I knew about all the deals, discounts but realized I am still learning. Things I learnt last week. I can get rebates for travel booking in via hotel.com, priceline.com or booking.com, exped…
    - 5 days ago, 30 Jun 14, 8:04am -
  • My almost free air and hotel booking for upcoming Miami trip
    English: no original description (Photo credit: Wikipedia)I love to travel.  But sometimes trip costs can be expensive.  But who does not like to getaway during winter for few days.Thanks to Amex Canada.  I was able to use the points earned from A…
    - 19 Jan 14, 12:58pm -
  • Great Travel Site for Air Travel Booking

    - 20 Jun 13, 9:45pm -
  • Online Shopping for clothes
    I used to shop at Amazonand Chaptersfor books and other things. But I my sister does most of her clothes shopping and her kids shopping online. Recently I started online purchasing for clothes at Land’s end.  Initially I was bit nervous about size…
    - 18 Mar 13, 7:30am -
  • CRA treated you unfairly – What is your option?
    Spring = Tax Headache (Photo credit: Canadian Pacific)Have you ever had a situation where CRA treated you unfairly?  Dealing with CRA can be very intimidating experience and you did not know that you had another option for better resolution. It is T…
    - 23 Jan 13, 8:00am -

The Blunt Bean Counter

  • RRIFs - How they Work and Tax Planning
    By the end of the year in which you turn 71, you are required to terminate your RRSP. You have three viable options at that point. 1. You can transfer your RRSP savings into a Registered Retirement Income Fund (“RRIF”). 2. You can transfer your…
    - 5 days ago, 30 Jun 14, 4:30am -
  • Income Tax Resources
    I know this is the best written, wittiest and most informative tax blog you could read, but I figured today I would give the other guys some notice :). Seriously now, here are some other great income tax related resources you may want to check out: …
    - 12 days ago, 23 Jun 14, 8:11pm -
  • Inheriting Money - Are you a Loving Child, a Waiter or a Hoverer
    In February 2012, I wrote a blog post titled “Is it Morbid or Realistic to Plan for an Inheritance?”. I knew this was a touchy subject and would elicit various reactions from my readers. In the post, I stated that to “ignore the existence of a…
    - 12 days ago, 23 Jun 14, 4:30am -
  • Are Estate Freezes the Wrong Solution for Family Business Succession? - Part 2 and Giveaway
    On Monday I discussed why an estate freeze may not be the right solution for a family’s business succession plan and why Tom Deans considers an estate freeze to generally be the absolute wrong way to go about transferring a family business. Today,…
    - 24 days ago, 11 Jun 14, 4:30am -
  • T1135 Foreign Reporting – This is Relief?
    I have previously written about the onerous new reporting requirements the revised T1135 Foreign Income Reporting form imposes upon Canadian taxpayers who have over $100,000 (cost) of foreign holdings. While most accountants understand and can live w…
    - 25 days ago, 10 Jun 14, 8:34pm -

The Investment Blog

Recommended Broker

  • A lesson from the bar
    What do people talk about in a bar? Beer, sport, friends, easy ways of making money… Well, this story is quite entertaining. An young man and his uncle sit at a karaoke bar somewhere in China and talk about the…Read more →
    - 3 days ago, 2 Jul 14, 1:55pm -
  • Canada: What should be the minimum income?
    Last year Switzerland was debating to pass a legislation that will guarantee a minimum income of around $2,800 per month. It was a serious discussion, because the Swiss had to vote on this proposal. What was the result? According to…Read more →
    - 3 days ago, 2 Jul 14, 1:17pm -
  • $241 Trillion in $100 bills will …
    … will create a stack high 262,000 km. Where these figures came from? The nice people from WaitButWhy website have taken the time to research and calculate the total wealth in the earth, then represent that wealth in a very…Read more →
    - 13 days ago, 22 Jun 14, 12:07pm -
  • Meet The Guy Who Wants You To Control Everything In Your Home Over The Internet
    It's one of those pie-in-the sky dreams we've had for decades: an automated home that thinks for you. Lights turn on when you enter the room. Your door unlocks as you approach. You get an alert when an intruder enters. There are a lot of folks workin…
    - 14 days ago, 21 Jun 14, 7:39am -
  • It’s Time To Bail On The Stock Market?
    FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Its Time To Bail On The Stock Market When Two Of Bob Farrell's Investing Rules Meet (Gluskin Sheff) We're not at the market top…
    - 15 days ago, 20 Jun 14, 5:10pm -

Rewards Cards Canada

  • Tim Hortons, CIBC, Introduce Double Double Visa Card
    The double-double is a phrase distinct to Canadians and used almost exclusively to order coffee at the iconic Tim Hortons chain.  Today, CIBC and Tim Hortons teamed up to launch the Double Double Visa card, a unique partnership that combines a credi…
    - 3 days ago, 2 Jul 14, 10:06am -
  • How Retailers Use Rewards To Shape Consumer Behaviour
    Scanning the weekly flyers and clipping coupons is a great Canadian tradition but, like the landline telephone, VCRs and analog TV, coupons and flyers are on their way out.  Retailers are moving online and developing smart phone applications to get…
    - 5 days ago, 30 Jun 14, 10:02am -
  • Air Miles eVoucher Breathes New Life Into Rewards Program
    I used to be a big-time Air Miles collector – taking advantage of bonus offers at Safeway, double-dipping with an Air Miles credit card, and then redeeming miles for $20 Shell gas gift certificates.  But ever since Air Miles devalued its program b…
    - 25 days ago, 10 Jun 14, 2:24pm -
  • Capital One Aspire Travel’s Curious Redemption Levels
    One insidious feature of the Capital One Aspire Travel World MasterCard is the tiered structure when it comes to redeeming your miles for travel. With Capital One’s purchase eraser, you can get a statement credit on previous travel purchases.  But…
    - 33 days ago, 2 Jun 14, 4:04pm -
  • One Aeroplan Member’s Somewhat Satisfying Update
    Back in March, I wrote a story about Bob Muir, a 53-year-old consulting manager from Ontario, who was upset because the two business class flights to Scotland that he tried to redeem through Aeroplan would have cost him $2,200 in surcharges and f…
    - 57 days ago, 9 May 14, 12:43pm -

Canadian Mortgage Advisor

  • Growing inflation, how much worried should you be?
    Last week Canadian consumer price index made a lot of headlines, by reaching 2.3% in May 2014. For the first time in two years that inflation went about 2% mark. As a result all the investors thought that this is a clear indication of future rate hik…
    - 13 days ago, 22 Jun 14, 9:14pm -
  • OSFI’s new boss – Jeremy Rudin
    Minister of Finance Joe Oliver today announced appointment of new Superintendent of Financial Institutions Jeremy Rudin. He will be replacing Julie Dickson. Mr. Rudin holds a B.A. from the University of Toronto, an M.C.R.P. from Harvard University, a…
    - 22 days ago, 13 Jun 14, 10:15pm -
  • Canadian Housing awe continues
    Recently, three institutions in three different occasions said the same thing – Canadian housing market is overvalued. OECD: IMF: Bank of Canada: All those reports point towards a housing related financial risk but how much of an actual risk exists…
    - 23 days ago, 12 Jun 14, 11:04pm -
  • Interest rates may not wait for inflation to grow
    Interest rate and inflation are generally like two sides of a coin. When one moves one way then the other side follows it. Although it seems to be a general norm but it may not hold ground for long. In 2008 during the financial meltdown Canadian gove…
    - 24 days ago, 11 Jun 14, 10:57pm -
  • CMHC abandons mortgage loan insurance for condominium development.
    Canada Mortgage and Housing Corporation announced that it is bringing in two changes in its mortgage insurance business. The Crown Corporation has been struggling in many fronts. While it is not exactly in a financial trouble but it has drawn critics…
    - 25 days ago, 10 Jun 14, 10:42pm -

Miiockm

  • June 2014 Net Worth Update +1.87%
    TFSA - $36,132.21 +2.81%RRSP - $5,173.30 +0.56%Company stocks - $2,280.55 +31.2%(stocks purchased this month = $447.96)Chequing - -$431.26Total: $43,154.80Gain: 1.87% or +$792.10
    - 4 days ago, 1 Jul 14, 8:52pm -
  • Fear

    - 47 days ago, 19 May 14, 6:24pm -
  • May 2014 Net Worth Update +1.25%
    As you can see from the numbers below I've managed to post another modest increase this month thanks to the markets performing well. This is now the eight month in a row that I've increased my net worth since returning from my trip to Asia last Octob…
    - 59 days ago, 7 May 14, 6:59pm -
  • Coin counters everywhere! - Stop rolling your coins
    If you are still rolling your loose change by hand then please put down the roll and step away from the coins. This tedious and time-consuming task is no longer necessary thanks to a number of banks that have installed free to use coin-counting machi…
    - 67 days ago, 29 Apr 14, 11:33pm -
  • Tim Hortons increases caffeine content in coffee by 35% - or do they?
    Tim Hortons increases caffeine content in coffee by 35% - or do they?Two years ago I wrote a post dispelling a number of myths regarding the caffeine content in coffee and a few other drinks. Know your Coffee - Caffeine Content. It was a moderately s…
    - 77 days ago, 19 Apr 14, 11:23pm -