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How to Take a Frugal Vacation in Paradise

By Amo Tango

Cayo Coco. Source: http://members.virtualtourist.com/m/96f6f/193971/

This is a post by guest writer Amo Tango. Sand, beach, heat…sounds like the main ingredients of a well-deserved vacation. Most would think that a vacation in ‘paradise’ would cost an arm and leg, but nowadays, flying is second nature in our society. With globalization and international business affairs everywhere in the world, flying is… [Read More]

Filed Under: Miscellaneous, Saving Your Money Tagged With: Cuba, frugal, paradise, travel, vacation

How Much of Your Paycheck Do You Need to Survive?

By Kevin

Last week, I compared the benefits and drawbacks of growing an emergency fund versus paying down your mortgage faster. There was a lot of great discussion and commentary on that post; however, I feel that many might have gotten the impression that I was advocating a more aggressive position than I truly believe in. I’m… [Read More]

Filed Under: Growing Your Wealth, Saving Your Money Tagged With: finance, lifestyle, money, motivation, personal growth, planning, savings, wealth, Yakezie

Is It Worth It to Have an Emergency Fund, or Should I Pay off My Mortgage Instead?

By Kevin

Ever wondered if you should be saving up money in an emergency fund or paying off your debt instead? A long time ago, I looked at whether it was better to pay down your mortgage, or invest the money instead. Today, I’m going to be looking at whether it’s better to keep an emergency fund,… [Read More]

Filed Under: Growing Your Wealth, Saving Your Money Tagged With: credit cards, debt, emergency fund, HELOC, interest, lump sum, mortgages

How to Invest in Vanguard Funds Using ETFs — and Save Money While You’re at It

By Kevin

Is it possible to save money by investing in exchange traded funds (ETFs) instead of mutual funds? For many of Vanguard‘s mutual funds, this is possible. Even more importantly, Vanguard ETFs offer Canadians and people living internationally the ability to invest in Vanguard mutual funds via ETFs. First, I’ll compare the difference between investing in… [Read More]

Filed Under: Growing Your Wealth, Investing Tagged With: ETFs, index funds, MERs, mutual funds, Vanguard

Weekend Reading: Canadian Housing Bubble Edition

By Kevin

The talk about housing prices and bubbles never ceases. I’ve been doing some thinking on this topic, myself; I don’t quite see the Canadian housing market as being in a bubble, myself, due to our recourse loans encouraging people to stick it out rather than default, and the fact that stricter lender requirements should mean… [Read More]

Filed Under: Market Analysis, Miscellaneous, Opinion, Real Estate, Weekend Reading Tagged With: housing bubble, real estate, speculative bubble

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About Invest It Wisely

Invest It Wisely is about evaluating the choices that each of us face everyday. It’s about investing your time, your money, and your energy wisely, in order to achieve your goals. The end goal is maximizing your life expectation, and exploring the ways to get there.

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