Increasing your positive cash flow is one of the most important tenets to accumulating wealth and ultimately achieving financial independence.
What is cash flow?
Cash flow is simply the flow of money coming in and and going out. If you are spending less then then you earn then you are cash flow positive. If you spend more then you earn you then [...]

So you finally got around to signing up for that low fee, high interest bank service – now what? Most likely you’ve got most of your money in your chequing account, which barely pays any interest. At the same time you try and scrounge together a few dollars to put away into your high interest savings account. The high [...]

I’ve heard it over and over “The interest income isn’t worth the time to change accounts”. This annoys me to no end. With bank services like ING Direct and PC financial its no trouble to setup new bank accounts. Sure earning 2.7% interest isn’t exciting but it’s money for nothing. As well it’s better than earning 0.5% [...]