If The Bank Is Calling To Lend You Money – HANG UP!

If The Bank Is Calling To Lend You Money – HANG UP!

The ease in which Canadians can get their hands on borrowed funds is astonishing. When I sat down to write this piece, I wanted to talk about the newest Statistics Canada report on Canadian debt levels, which are extraordinarily high. As I started writing my phone rang and the conversation that ensued blew my mind. I was experiencing first hand how easy it is to get into debt. Continue reading »

Are We Financially Illiterate?
Personal Finance / Personal Finance News

Are We Financially Illiterate?

Earlier this week, the Ontario Government announced that financial literacy would be incorporated into the 2011-12 curriculum, for grades four through twelve. Partnering with both the Ontario Securities Commission and the Investor Education Fund, the province wants to develop materials that will teach students the basics about money and will later help them make informed financial decisions. But why now? Continue reading »