Whenever there is a major global event that affects the world population, some unscrupulous people use the opportunity to exploit people and inflict additional stress and hardship. Coronavirus scams are here in full force and the fraudsters are out in their numbers. Scams and scammers tied to the coronavirus (COVID-19) are using several methods to… Read More »Coronavirus Scams and Scammers
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… Read More »Best Online Businesses to Start During a Crisis
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… Read More »Coronavirus and Personal Finance
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… Read More »What is Compounding Interest?
There are several strategies that you can use to start saving from your first pay cheque. Unless you were born with a proverbial silver spoon, when you get your first job, it’s like the flood gates to a pot of gold opened. When I was in university, I promised myself that when I landed my… Read More »How to Start Saving From Your First Pay Cheque
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… Read More »How Can I Live Within My Means?
Working two jobs is not an easy feat, but sometimes it’s necessary when you need more money in your hand. This was my situation a few years ago when I was on the hunt for a second job. At the time, I was looking to purchase some property and I wanted to increase my savings… Read More »How to Double Your Money By Working Two Jobs
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… Read More »How to Survive a Renoviction
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… Read More »How to Set Up a Household Budget and Stick to It
It’s a fact that emergency funds save lives. Mine has saved me too many times to count and I know that I will lean on it again at some time in the future. In the past I’ve outlined steps on how you can create an emergency fund and I’ve made it a habit to post… Read More »Top Reasons Why Emergency Funds Save Lives