Comments on: Book Review: You’re Broke Because You Want to Be

By: Gibsgal03

Gibsgal03 — Mon, 20 Feb 2012 16:59:17 +0000

I love Larry because there is no BS’n from him. It is what it is and thats how it should be.

By: Friday Food for Thought: 10 Signs You Are a Bad Parent | Balance Junkie

Friday Food for Thought: 10 Signs You Are a Bad Parent | Balance Junkie — Fri, 19 Mar 2010 09:58:52 +0000

[...] it. I came across it when I found Larry’s blog as a result of last Friday’s review of You’re Broke Because You Want to Be. Larry, or someone from his office, was kind enough to link to my review from his website and I [...]

By: Carnival of Personal Finance #148

Carnival of Personal Finance #148 — Mon, 15 Mar 2010 08:11:18 +0000

[...] 2 Cents from Balance Junkie reviews You’re Broke Because You Want to Be. [...]

By: 2 Cents

2 Cents — Mon, 15 Mar 2010 03:56:24 +0000

That’s the beauty of his approach. It’s simple (not easy) and he’s not trying to sell a “get rich without doing any work” plan. Thanks for your input Zak!

By: Zak

Zak — Mon, 15 Mar 2010 03:49:07 +0000

I’ve read all his books. What I like is that he says up front that there are no secrets. It’s all just common sense and personal responsibility.

By: 2 Cents

2 Cents — Fri, 12 Mar 2010 18:34:31 +0000

I like him too. I know some people might be put off by his approach, but he does tell it like it is, and I don’t believe he’s condescending about it. He freely admits that he used to be in serious financial trouble and he was able to make the sacrifices he needed to get his life in order. He’s just trying to help other people do the same. And hey – what’s wrong with a little flair?

By: Shel

Shel — Fri, 12 Mar 2010 17:52:06 +0000

I like this guy- for a little bit he had a show (I think on A&E?) where he gave tough love to over-spenders; it was enjoyable. Plus he dresses with flair! haha

By: 2 Cents

2 Cents — Fri, 12 Mar 2010 15:09:57 +0000

Wow. That’s pretty bad. I’ve been with PC myself for about 10 years and I’ve never really had any problems. I’ve usually found the phone reps to be pretty good, although I really haven’t needed to contact them for quite some time now.

You bring up some good points though. If you really need a bricks and mortar bank for whatever reason, this won’t work for you. Also, you’re going to pay a lot for services like certified cheques, although I’ve only needed to use them a couple of times in 10 years. You can get it taken care of at a CIBC branch.

I love the no fee structure and I’m OK with doing things online only, but if I started having problems like the ones you mentioned, I’d be gone. Thanks for the heads up!

By: Amy

Amy — Fri, 12 Mar 2010 14:51:38 +0000

I have several friends who use or have used PC Financial for their no-fee chequing accounts. All I can say is, RUN. All of these friends have issues with PC Banking because there are no banking institutions you can go to to speak with an actual person (and their telephone customer service is terrible!), god forbid you have any serious problems.

One friend’s account was compromised and PC ensured her funds would be returned to her within 5-10 business days pending an inquiry. Not only was there no inquiry and no funds-return, they denied ever receiving a call regarding the compromised account and told her there was nothing they could do for her. This forced her to use her credit card to cover expenses she’d had the money for, but lost. It took her a full two years to bounce back from the initial loss.

Not to mention their ridiculous policy of withholding your money after you’ve deposited a cheque — the majority of your funds don’t clear for a full week! I don’t know about you, but I need access to my funds ASAP because I have bills that come out at different times, and I need to be sure everything is covered. Brutal service (or lack thereof).