Financial News

Stop Pretending to be Rich!

Later this month a law will come in place that you will no longer be able to be charged on overdraft fees by your bank unless you opt in to their program. This means the banks are going crazy trying to market this new overdraft service and their main way of trying to get us helpless consumers to sign up is by pulling the “we can save you embarrassment” card!

By this I mean. If you are in a store and you try to buy something on debit and you don’t have the cash in your account, without protection your card could get declined and you will have to face the embarrassment of walking out of the store without the items.

Photo: KatB Photography

My article is not specifically about the banks but about the emotion they are targeting. Much

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Friday, September 10th, 2010 Financial News No Comments

Book Review: The Skinny on The Housing Crisis

The Skinny On The Housing Crisis is the fattest title in Jim Randel’s The Skinny on series, running 269 pages. The cover blurb is written by Connecticut attorney general and U.S. Senate hopeful Dick Blumenthal, the guy who said:

Tags: Crisis, Housing Crisis

Tuesday, September 7th, 2010 Financial News No Comments

Weekly Round Up-Labour Day Long Weekend Edition

Here we go, the last long weekend of the summer! We hope you had a great summer, for me it was a busy summer. Between the blog, work and CFA studying there was not a lot of time for “fun”. Nevertheless I had an enjoyable summer.

What kept me busy? As you may have noticed we went through some changes, added four staff writers, new section Dollar Matters and finally joined Facebook. Earlier in the summer I finally registered for the CFA program and it has kept be very busy.

Remember to become a fan on Facebook and you can win $50! (winner announced next week)

What kept you busy this summer?

Here are some great articles for your long weekend:

Consumer Ethics and Animals: Where Do You Draw the Line?

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Tags: Long Weekend, Weekend

Saturday, September 4th, 2010 Financial News No Comments

Book Review: The Skinny on Real Estate Investing

The Skinny on Real Estate

When I consented to review The Skinny on Real Estate Investing, I assumed I’d be reviewing a book, and not a pamphlet illustrated by my 8-year old niece who drools a lot and still has some trouble negotiating bathroom time. This review might run longer than the book itself.

Jim Randel’s series of illustrated The Skinny on titles boasts that it’s “For Really Busy People!” It’s also suitable For Really Fidgety People who can’t get through a book longer than 10,000 words. The lengthiest passage is the introduction, which runs a full page and explains The Skinny on’s M.O. of culling swaths of information into a workable whole. But it doesn’t

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Tags: Estate Investing, Investing, Real Estate, Real Estate Investing

Sunday, August 29th, 2010 Financial News No Comments

5 Tips to Managing Your Finances and Avoiding Debt

Debt. It’s something that has some sort of bearing on most people’s lives. In this day and age, it’s certainly not unusual to be in debt. For many, debt has very little impact on their lives as they are able to control and manage their debt and keep repayments at affordable levels. For others however, debt can cause stress, anxiety and unhappiness. It’s one of those things that if you don’t keep on top of it can spiral out of control. It is often said that debt is easy to get into but much harder to get out of.

Debt Free

The following 5 tips are designed to help people manage their finances and avoid falling into debt:

1.) Only buy what you need – it’s amazing how much money we waste on impulse purchases that we don’t actually need. It’s a habit th

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Tags: Debt

Friday, August 27th, 2010 Financial News No Comments