Archive for the ‘Spending’ Category

Boomer Dreams vs Corporate Reality – Coming Real Estate Crash and Debt Problem In Canada

Sunday, June 26th, 2011

This video has some really solid statistics about Canadian peoples debt, the 30% senior citizen’s retiring and the glut of homes that will be entering the market that is going to drive home prices down.

It talks about how corporations has filled peoples head with ideas of a lifestyle that most debt ridden Canadian cannot really afford. This is a must watch, it is a hard look at the reality of things and the coming hardships.

Living With Debt – Canadian Debt Problem

Wednesday, June 15th, 2011

Canadians debt problem
Canadians now have taken on large amounts of debt and with interest rates so low, home sales presses on. However, it is not just mortgage debt that Canadians have added to their balance sheets, credit card and line of credit debt has been soaring as well. This basically is a recipe for a disaster similar to what happen in the United States running up to 2008 economic crash to happen to Canada in the future.

Woman Lives in New York’s Smallest Apartment – Making It Work

Friday, April 8th, 2011

Professional writer and organizer Felice Cohen makes things work living in New York’s smallest apartment that is close to all amenities and only blocks from Central Park. She lives by the philosophy of “Don’t Aquire What You Can’t afford”, which I think is great. People buy and collect too much “crap” these days and it just piles up. Watch the video it’s cool.

If You Buy A $284,000 CAD Lamborghini Gallardo You Expect It To Run, If Not Destroy It

Thursday, March 17th, 2011

Unreliable Lamborghini Gallardo destroyed in Qingdao china by millionaire
Here’s a funny incident in China, where a millionaire purchased a Lamborghini Gallardo and after a short while the engine cut out and would not run. He then had the Lamborghini Gallardo towed to the dealership and while towing it…the dealership damaged the body as well.

Next the dealership garage try to fix the engine problem but cool not and after complaining to the dealership manager about the body damage from the towing, the dealership refuse to be responsible for it.

Bought a 15.6″ Acer 5742-6846 Intel Core i3 380M Laptop Notebook for $499 CAD – Regular $699 – What A Steal – March 7 & 11, 2011 One Day Deal! – Review

Saturday, March 12th, 2011

Acer 5742-6846 Core i3 380M laptop notebook on sale FutureShop.caFew days ago, I was browsing the and on the front page FutueShop was having this 1 Deal-a-Day Promotion and on March 7th the deal was this spectacular deal on a 15.6 inch Acer Laptop. To be exact it was a Intel Core i3 380M (2.53 Ghz) 15 inch Laptop with 6 GB of RAM and 500 GB of hard drive space for the low price of $499.99.

The Tale of Two Singhs, BMW Makes Me A Big Shot – Living Beyond Your Means

Friday, February 25th, 2011

red , white BMW 3 series
Back in year 2003-2004 I worked at an enterprise technology company and was part of the outside sales team. There was two individuals that worked on the inside sales team…basically the group that offered sales support. The first guy let’s call him N. Singh and the second guy let’s call him J. Singh. These two individuals are real, NOT fictitious and it just so happens by coincidence that their last names are both Singh. They are also not related.

Canadians More Cautious About The Economy

Wednesday, January 26th, 2011

Canadian flag on city building
A greater number of Canadians feel that the economy is getting worse than last year. Now 20% up from 14% last year feel this way.

Some of the top concerns of Canadians are having enough money to retire, and improving personal finance. They feel that the Canadian economy maybe getting a little bit better by the government reports but at home things are getting worse, goods are more expensive (inflation), jobs are hard to find and people are still being laid off. So to the average Canadian, their personal finance situation really don’t feel any better.

The U.S Stock Market Has Rallied Big Time Amid Worsening Job Situation and Local Government Out of Money

Thursday, October 14th, 2010

Recession is over says the U.S Government....bull shit!
The U.S puts out reports that the recession ended last year sometime, and the Federal Reserve say that they are going to do more “Quantitative Easing” to further stimulate the economy. The stock market responds by sending the Dow Jones Industrial Average well over 11,000. All this in my personal opinion is hog wash, it is just more U.S Government propaganda to make things seem a lot better than they are.

Financial Advise – Mind The Small Things, They Add Up

Monday, April 26th, 2010
Watch spending on little things - coffee

If there is anything the credit crisis over the last few years has taught us is that debt is bad, despite what financial companie’s try to tell you.  The other thing is that everyone has to really watch their spending.  Part of the monitoring of spending is those little things that you buy, like coffee, latte or a bottle of water here and there.If the economy continues the way it has been for another few years, you will most likely be forced to change your habits, especially if you are in heavy debt, you have no savings or if you are in a job that is at risk of layoffs.

12 Things That You Can Do To Improve Your Finances Now!

Saturday, April 24th, 2010

12 things to do for improving your finances

1. Create A Balance Sheet

Begin and look at your net worth by collecting your most recent investment statements and going online to retrieve your current account balances.

Once you’ve documented your assets and subtract your liabilities, consider the following questions:

  • Does any one financial asset consume a disproportionate share of your net worth?
  • Are your assets properly insured?

The Illusion Of Prosperity and Wealth – Government and Wall Street Wants Your Money

Tuesday, December 15th, 2009

illusion of wealth

Interesting how jobs are being loss at record pace which means people do not have money to spend or live, but when you watch certain U.S and Canadian government reports…they try to paint a rosy picture.