When solving problems, dig at the roots instead of just hacking at the leaves. ~Anthony J. D’Angelo, The College Blue Book Update: This article was included in the December 13th, 2010 edition of the Carnival of Personal Finance hosted by Mighty Bargain Hunter. Thanks! There’s little debate that the financial problems we face, both collectively…
The only man who sticks closer to you in adversity than a friend is a creditor. ~Author Unknown Update: This article was included in the Carnival of Personal Finance #281 posted at Consumerism Commentary. Thanks! Last week Gail Vaz-Oxlade wrote a really interesting article about The New TD Collateral Mortgage. I was very surprised that…
Who recalls when folks got along without something if it cost too much? ~ Kin Hubbard Update: This article is included in the Carnival of Personal Finance #257 – Canadian Bank Notes Edition posted at Canadian Finance Blog. Thanks! The sovereign debt crisis has been front and centre lately in light of the recent market…
It doesn’t matter how much milk you spill, just so long as you don’t lose the cow. ~ Mark Guilbeau “Fair is foul and foul is fair.” (Macbeth, Witches, Act I, scene i) The EU is the latest hero in the bailout bonanza. A paltry trillion dollars bought a rip-roaring short-covering rally on stock markets…
People are living longer than ever before, a phenomenon undoubtedly made necessary by the 30-year mortgage. ~ Doug Larson Update: This article was included in the Carnival of Financial Planning #136 posted at Bargaineering. Thanks! On Monday, several Canadian banks boosted their fixed mortgage rates by 60 basis points (.60%). That’s a pretty big hike…
The following is a guest post by Kevin Fleming. Kevin runs CreditShout, a personal finance blog dedicated to educating people on how to manage their finances and reviewing cash back credit cards. __________ First I would like to start off by saying that credit cards are only worth using if they are used responsibly. The…
No man’s credit is as good as his money. ~ E.W. Howe Update: This post is included in the March 1st, 2010 Carnival of Debt Reduction. Thank you! When we take on debt, we’re essentially borrowing from our future earnings in order to have the things we want right now. There’s a cost for that….
He looks the whole world in the face for he owes not any man. ~ Henry Wadsworth Longfellow I’ve been writing a lot about sovereign debt and the dangers it poses to the global economy lately. Debt in general is a frequent topic in the personal finance blogosphere and it is often painted as the enemy…
