What do most people do with their tax refunds? They spend it of course! It’s bonus money, fun money, But in tighter economic times when all you hear is about high debt levels, low savings rates, a growing retirement gap and fear of inflation, could this be the year to do something fiscally responsible with…
Category Archives: Financial Literacy
Do gasoline prices go up before long weekends?
As much as we love our long weekends, the longstanding complaint is gas prices will go up and the weather will be lousy. True to Murphy’s law, gas prices jumped up prior to the Easter long weekend. We were on holidays driving south to Salt Lake City where prices in the US also jumped. As…
What You Need to Know about Online Investment Fraud
Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment. ~ The Five Laws of Gold (#5), The Richest Man in Babylon by George S. Clason March is Fraud Prevention Month…
Higher GIC Rates with Finizi
You may recall that I wrote about a brand new online service for Canadians called Finizi a few months ago. I thought I would post an update today to let you know how they’re doing. In just a few months, they’ve completed over $40 million in GIC auctions. Finizi offers a new, easier way for…
GIC or Savings Account?
I recently had two reasons to look up the going rates on GICs and savings accounts. I thought I’d share what I found with you today and raise the question: Is it worth it to put cash into a 5-year GIC when some savings accounts are paying almost as much while offering the same safety and…
Use Price Comparison Sites to Get the Best Deal
The following is a guest post. I’ll have my 2012 outlook up on Monday. Have a great weekend! ~ 2 Cents Looking for a credit card can be difficult because there are so many different types of cards that offer their holders different advantages. Some credit cards have rewards for making purchases from certain stores,…
5 New Year’s Resolutions that are Good for Your Wallet
The following is a guest post with some good advice to kick off 2012. Enjoy! The New Year is upon us, and for many, this time of the year signifies a time of new beginnings. People strive to better themselves by creating New Year’s resolutions, many of which are focused on health. While trying to…
America is the Most Indulgent of Any Other Country
The following is a guest post. While it speaks to American consumerism, there may be some food for thought for debt-laden Canadians here too. The economy is in shambles, and while many would like to blame the deterioration of our economy on big government and big business, a large percentage of the blame also lies…
