Am I Too Rich To Save?

Am I Too Rich To Save?

The countries richest CEOs earn 189 times what the average Canadian does. According to the Canadian Centre for Policy Alternatives the average annual salary in this group is $8.38 million. By the time you read this, Canada’s top-100 earners have been paid in two weeks what it will take most of us 10 years to make. “The gap between Canada’s CEO elite 100 and the rest of us is growing at a fast and steady pace, with no signs of letting up,” says economist Hugh Mackenzie, who authored the report. Continue reading »

Every Last Penny Counts: 10 Tips on How to Haggle

Every Last Penny Counts: 10 Tips on How to Haggle

I have two friends, Ben and Jill, who both have the uncanny ability to sniff out a deal. And if they can’t sniff one out, they make their own. Seriously, I have never known anyone else to find deals like these two do. Take, for example, the kitchen appliances they found on Kijiji. Ben and Jill paid $325 for high-end, stainless steel Frigidaire models that would have cost them $3500. Not only that, but they sold their old ones for $500 and made a $175 profit. Ben and Jill have saved a LOT of money by being smart hagglers. Here’s Ben and Jill’s advice on how to haggle yourself a deal. Continue reading »

Forget Coupons and Group Buying Websites, Here’s How you Can REALLY Save
Home Ownership / Lifestyle / Mortgages / Refinancing and Renewing

Forget Coupons and Group Buying Websites, Here’s How you Can REALLY Save

If you REALLY want to save money, forget about scanning the discount flyers and bringing your lunch to work, just take a look at your mortgage to get the biggest bang for your buck, says RateSupermarket.ca, Canada’s go-to-website for comparing mortgage rates. In three simple steps homeowners with a $300,000 mortgage can save $65,541 over 25 years. It’s all laid out in this handy infographic. Continue reading »