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
CMHC wants banks to pay deductible on mortgage insurance + MORE Mar 16th
Canada Mortgage and Housing Corporation is continuing to explore the possibility of forcing banks to shoulder more of the risk associated with home mortgage loans..... More »
U.S. Fed gives okay to 30 banks to boost dividends, buy back shares + MORE Jun 29th
But the Fed gave Morgan Stanley only conditional approval because of what were considered weaknesses in its plans dealing with risks
.... More »
2015 Retirement 100: All Stars + MORE Oct 8th
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Should You Give Your Teen a Credit Card? Dec 16th
Over one-third of Canadians share a joint credit card with their partner, parent, or child, according to a recent survey conducted by Rates.ca. Among the parents who share their credit card with their children, 63% said that managing their children’s purchases is less difficult than it was two ye.... More »
Planning a Trip or Cruise? Best Travel Tips for More Money May 22nd
Want to save money on your cruise? Want to know how to save big on your next vacation? If you’re spending cash-only for your cruise, hotel and rental car, you might be missing out. There are lots of travel tips and cash reward perks you can take advantage of to stretch your dollars fur.... 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…
