If you talk to the average person, they have no problem with the idea of taking out a mortgage on a house with 20% down. Most people would even agree that a guy who buys multiple properties with 20% down and uses them to produce rental income is a pretty smart dude;...
While most personal finance sites have a “books to read” list, or do book reviews on the usual suspects (such as a couple of my favourites, Rich Dad, Poor Dad, and The Wealthy Barber) I would like to recommend something a little off of the beaten path today. While...
Those of you who have been reading this blog for awhile might remember that my favourite all-time personal finance book is The Wealthy Barber by David Chilton (released in 1989). Since it sold over 2 million copies I’m going to assume I’m not the only who thought it...
No matter how many times students are told that they would make great candidates for a certain handout of free money, the convenient excuse to avoid the application chore is to say, “I’m sure there are a ton of people out there more qualified than me.” The truth is...
The Big Short is another of the Michael Lewis books I got to pick up this summer (being a teacher is great for summer reading) and I thought it was even better than Liar’s Poker, which was the first book of his that I read. Lewis has the unique perspective of someone...
I recently came across an interesting thread on a forum concerning the usage of student loans. These people had basically invented a fairly brilliant, if somewhat ethically-grey strategy for maximizing returns when they used a student loan to invest. These...
With the recent debt crisis in the USA there have been renewed calls for “Simplifying the tax code,” and, “Cutting out private jet clauses.” I think a very similar case could be made for Canada. Has anyone looked at their respective tax codes lately? Those of you...
The following is a guest post by Lisa at Car Insurance Comparison, an Australian personal finance blog created to help readers figure out how to properly compare car insurance options. More people than ever are harnessing the power of the Internet and Web 2.0 to...