Whenever you go to a store or a dealership the salespeople focus in. They have their defined list of tactics to get the sale. Don’t be fooled by their tricks and be cautious about who you trust with your money:

Calls you by your first name often – By using your first name they are trying to establish some trust with [...]

It’s quite common in the personal finance community to be “hating” on the extended warranties. Some of the main points people make about warranties are the “warranty costs more then the item” and “if it breaks it will do it within the first 6 months and will be covered under standard warranty”. Now I don’t necessarily disagree with these statements [...]

Another increase in August which is good. It seems we are still trying to get our footing back on some solid ground after the wedding. We manage to put some cash into savings. At first glance it may look like we took a big hit in savings but that’s because we put a large lump sum payment into the mortgage. [...]

Kids are almost back to school and some may already be back and parents are looking to save some money . I’ve enlisted the help of a teacher (my wife) to get the inside scoop on how parents can save. Here’s what she came up with:

Say no to binders:  Don’t get your child those big binders since duotangs are [...]

Due to my little break its been a while since I’ve posted a net worth update. I hadn’t posted an update for June or July so both will be included in this single update. As well I feel its necessary to do a midyear review to get some insight into my progress thus far.
It’s also fitting that I do this [...]

Well May has been another good month with an increase of 5%. The investments are doing well and we finally stopped hording so much cash and moved some into savings.  I continue to save my RRSP money in a savings account and hope to make a contribution in the next few months.  All in all everything continues to look good. [...]

Monday night was the beginning of a 20 hour shift for me. I started at 10PM Monday and finished at 6PM Tuesday.  This isn’t the first time I’ve worked these sort of hours  and probably won’t be the last. The hours are somewhat excessive so I’m never surprised when I get asked “Why do you do it?”.
Why I do it..
I [...]

This month was another big month where we saw our net worth increase by nearly 10%. Not only did the market trend further upwards but the banks soared even further causing my investment portfolio to increase by 24%. Savings had an increase of 76% mostly from my tax return. I had a return of $8k and it will only sit [...]

Yesterday I got home and checked the mail. One of the bills was a  credit card bill. I open it up just to review it and I found something oddly strange about the statement, it appears that my credit limit had been decreased to $5000 from $7500. The most interesting part was the reason included in the statement:
NOTE: Due to [...]

This year was the first time I ever did my own taxes (it was my fiances actually). She only had a few slips which made it simple enough to enter it into Quick Tax. I still went to an accountant to have mine done because of all the investments. I was also hoping to enter all of my figures into [...]

A couple of weeks ago I did a credit report and much to my surprise my score went up. This isn’t a big achievement since the previous year my score took a big hit.  I decided I wanted to do a review of my credit history for the last 3 years and determine what caused my credit score to change [...]