In celebration of my 40th birthday today, I compiled the 40 Rules of Money that I have learned &/or followed over the past 40 years (listed in no particular order)
With banks offering amortizations up to 35 years, it almost seems impossible to pay off one’s mortgage in 12 years. Yet, my husband and I were able to do so.
Here’s how we did it:
Last month, I revealed 4 myths that keep people trapped in debt.
To quickly refresh your memory, here they are:
Myth #1 – The bank approved me so I must afford it
Myth #2 – I don’t need an emergency fund. That’s what my line of credit is for.
Myth #3 – I have to take advantage of
If you follow the financial news on a regular basis, you certainly heard about the most recent debt figure released by Statistics Canada: Household debt to disposable income hit 163.3% by the end of 2014. In plain English, it means that for every $100 of
Since the beginning of this new year, I have attended quite a few workshops, webinars and have been reading a lot of self-development material… Somehow, a common thread in all these events have been the Law of Attraction formulated in one way or another… and it’s really making me think a lot about how to
Remember my post “The Good, the bad and the ugly…debt” ?
I mentionned at the end of it that I’ll write a follow-up article about how to attack your debt.
My plan was to discuss a debt repayment method called Debt Snowball, made famous by Dave Ramsey.
Well, instead of reinventing the wheel, I will refer you to this amazing summary of
The more I read about budgeting, the more I realize that it is far from being rocket science. It is plain common sense. So the question that I’m asking myself is why do so many people have trouble applying such a simple concept in their everyday life?
The analogy that comes to my mind when thinking
Have you ever wondered which debt should you pay off first?
That’s a question with many answers, and different financial experts have different opinions.
It depends on how much debt you are in.
Let’s start with the more extreme case of someone who is drowning in all kind of debts and is struggling to make ends meet. A
