Does anyone remember the real estate euphoria from a few years back? While people are still trying to pick up the pieces down south, the euphoria hasn’t really gone away up here in Canada, though the dimmer switch has perhaps been turned down somewhat. In The Skinny on Real Estate Investing: An Introduction to the… [Read More]
Blurring the Line: When Small Business Owners Let Business and Personal Credit Overlap
The following is a guest post by Tim Chen of NerdWallet.com. Keeping business and personal finances separate may be the best advice for small business owners. In fact, many businesses are legally obligated to separate their business and personal accounts, but some small business owners find themselves in situations in which they are tempted to… [Read More]
The Importance of Opportunity Costs, and Why They Should Not Be Ignored
Everyone is familiar with the direct costs of life. You feel it every time you take some money out of your wallet to pay for food, gas, or tuition. Are you familiar, however, with the indirect costs, and the choices that you make everyday? I am not referring to hidden taxes or fees (such as… [Read More]
Weekend Reading: Six-Month Anniversary Edition
This week, my six-month giveaway contest came to a close, and I contacted the winners. I will announce them on the site as soon as I have received a confirmation from everyone. I had a decent response rate, although a few entries had to be disqualified due to invalid email addresses and similar problems! After… [Read More]
If You Enjoy Financial Obligations, Don’t Read This.
The following guest post is by Greg McFarlane of Control Your Cash. When you write a book about personal finance, as rudimentary as it might be, friends ask your opinions on matters fiscal. A few days ago, I received this pithy email from one of the most financially conservative people I know: When does it… [Read More]