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Odd Cents - Best Online Businesses to Start During a Crisis - Foodica

Best Online Businesses to Start During a Crisis

This article, Best Online Businesses to Start During a Crisis, is the first in an ongoing series dedicated to helping people put food on their tables during the COVID-19 pandemic. As the coronavirus (COVID-19) continues its merciless and unwelcomed trek across the globe, more and more places are implementing “stay at home” orders. This has […]

Odd Cents - Coronavirus and Personal Finance - Foodica

Coronavirus and Personal Finance

My finances are not prepared for the coronavirus. When the virus first appeared in the last quarter of 2019, I did not pay much attention to it. But as more and more stories appeared about the virus in China, and then its track to the rest of the world, I paid attention. I was concerned […]

Compounding Interest
Saving and Investing

What is Compounding Interest?

Compounding interest is a simple, yet powerful concept that can have a positive effect on your savings and investments but a negative effect on your loans. The Balance defines compound interest as “interest earned on money that was previously earned as interest.” It all starts with the concept of simple interest and involves some key […]

Odd Cents - How Can I Live Within My Means_ - Foodica

How Can I Live Within My Means?

I made the decision to live within my means several years ago, long before I started this blog. In a sense it inspired my desire to launch a personal finance blog where I could share some of the strategies that worked for me. It was not easy though, because I was accustomed to a certain […]

Odd Cents - How to Survive a Renoviction - Foodica

How to Survive a Renoviction

A workmate and I were talking about real estate investing and she told me about a news story that she had seen on residents in a Canadian apartment building who were fighting to survive a renoviction. I had never heard of the term renoviction before, but because the smash sounded like “renovation” and “eviction”, I […]

Odd Cents - How to Set Up a Household Budget - Foodica

How to Set Up a Household Budget and Stick to It

Late last year, I spent endless hours on Pinterest trying to find the perfect template to set up a household budget worksheet that I could use to organise my house finances. The reason for this, is that I finally decided to separate my personal budget from my household budget. In the past, I’ve always included […]