Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
What Canada’s financial industry fears in 2018 Dec 28th
A survey of top banks, insurance companies, pension funds and asset managers sheds light on what to expect in the new year
.... More »
Want A Better January Bill? Switch Up Your Credit Card Rewards Dec 21st
RateSupermarket.ca Holiday Rewards Challenge Identifies
Top Plastic Pitfalls
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‘Tis the season for overspending – and while gi.... More »
Europe Stresses the Positive + MORE Oct 27th
Banks can’t lend more if there aren’t more borrowers..... More »
Debt loads and soaring house prices a growing concern: Bank of Canada Jun 8th
THE CANADIAN PRESS/Sean Kilpatrick
The Bank of Canada says elevated home prices in Toronto and Vancouver and record levels of household debt have become bigger worries over the past six months. The central bank’s latest biannual review of the Canadian financial system says those two “vulnerabili.... More »
Mortgage rates are rising + MORE Dec 9th
Mortgage rates have been so low, for so long, that it almost feels like they’ll never rise. Even the Bank of Canada’s latest decision to keep overnight target rates at 0.5% is the equivalent of saying: We’re keeping with the status quo.
But according to media reports banks have quietly .... More »
Narrowing market breadth points to boom times for banks, for now
– theglobeandmail.com
Gains relegated to few large-cap sectors recall late-90 tech bubble
How To Live On A Cash Diet
– ratesupermarket.ca
Unlike a lot of my friends, I didn’t get a credit card until I was much older and for this I count myself lucky. I watched as many of them racked up debt they couldn’t afford and spent more than they earned. When I did finally get my first credit card it was like a whole new world of opportunity opened up to me. I could shop online, book trips over the phone and pay for a night’s stay in a hotel – all things I had to borrow a card to do in the past.
But things soon got out of control. Although I started with just one card, I somehow ended up with four. I’d alternate spending, which actually made things worse. Come the end of the month, I’d look over what I’d spent and wonder how on earth I was going to pay it. It was then that I decided to put an end to my plastic spending.
Wondering how to live on a cash diet? Here are a few ways to get started.
What Is A Cash Diet?
For simplicity’s sake, let’s say that a cash diet is spending only what you have. Cash diets certainly aren’t for everyone, but there’s no doubt that they work…
