are gym memberships worth it?

Are Gym Memberships Worth it?

I don’t remember why I decided to join a gym, but more than a decade later and I still have a membership. What I do remember is that cost was a major consideration, back then prices were pretty reasonable. Since my membership fees are grandfathered and never go up in price, I never put much thought…

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What the middle class can't afford anymore

What the Middle Class Can’t Afford Anymore

In an alarming trend, the Canadian middle class seems to be struggling. Gone are the days of a dual income household being able to comfortable afford a home, kids, and retirement. Replaced now by heavy debt loads and limited savings, but what exactly is considered middle class? Generally speaking middle class households earn anywhere from $60,000-$90,000…

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How to build a good credit score

Building a Good Credit Score

I write about debt a lot. It’s not that I particularly enjoy writing about debt, it’s unfortunately just a subject that many people can relate to– Canadians have record debt levels after all. We get so focused on debt, that sometimes we forget about other things, such as having a good credit score. Credit is probably…

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Never say these things when buying a car

What Not to Say When Buying a Car

A few years back my wife and I decided to buy a car. We did our research and knew the exact model we wanted and the value of the car. We were very comfortable with our knowledge, but negotiating a price can be intimidating. Some people get stressed out negotiating the price of their cell phone…

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fraud and identity theft

Preventing Fraud and Identity Theft

As security measures get better, fraud and identity theft has decreased, but that doesn’t means we should let our guard down. Criminals can still access our information with sophisticated methods, or they can go old school and try to steal out information by dumpster diving. Identity theft is when someone steals our personal information for criminal purposes. They could…

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Are you a seasonal spender?

Are you a Seasonal Spender?

I love the summer, when the sun is out it just encourages me to get out there and do more things. It doesn’t matter if it’s a stroll down the waterfront, trying a new restaurant, or meeting up with friends, I want to be out and about. Of course as a result, I tend to spend…

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When you apply for a credit card you take a hit on your credit score.

Does Applying for a Credit Card Affect Your Credit Score?

I’m a huge fan of credit cards. As a self-proclaimed points whore, I try to charge everything I can to my credit cards so I can maximize the rewards. Without a doubt, the quickest way to accumulate more points is to apply for credit cards offering massive signup bonuses, but does applying for a credit card affect your credit score?…

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Common Credit Card Benefits

Credit card debt is a serious issue but if used correctly those credit card benefits can really work for us. Think about it, assuming we pay our bills in full and on time then technically those benefits are form of payment that the credit card companies make to us. They may come in the form of…

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Guaranteed Ways To Go Broke

Finding tips to save money is easy, but what are the things that make us go broke? If you’re doing any of the following you might already be on the path of financial destruction. Having too many credit cards The obvious way to go broke is by abusing credit. Having multiple credit cards is pretty normal, but having them…

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