The Impact of Different Interest Rates

Here is a brief example that explain the impact of interest rates. We’ll assume two periods for simplicity sake. Period 1 (Year 1) will be the CURRENT period, and Period 2 (Year 2) will be the FUTURE period. Other notes for this example: A consumer who earns...

Tips for Saving Money This Post-Secondary School Year

It’s tough, rising tuition costs will never cease, books will always be new every year, and rent in your city is poised to increase. The opportunity cost of going to school is more than these costs, but the loss of your income for the year as well. So why bother...

Personal Budget Basics for Beginners

DON’T say the B-word. What caused this stigma I have no idea, but one thing is for certain, people who don’t know how to handle their money in the most basic ways know one thing for sure, don’t tell me to ‘budget’. The fact of the matter is...

Canadian Market Volatility Explained

Not long ago a bank teller and I got into a conversation about hair. She asked me: What can I do to have nice hair? Mine is falling out and it’s thin. I told her make sure to eat enough protein and vitamins, giving her examples of some foods she could eat. Then she...

Boomers Not Happy With Cost of Aging Parents

**Edit: Has anything changed? We originally posted this article in 2007 and wonder if much has changed? One thing has, more people are in the ‘old’ demographic. Are caregivers (boomer parents) learning to deal with the increase?** I always find it funny,...
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