For years I confused high income with wealth. It wasn't until colleagues started complaining about the golden handcuffs that I realized income and wealth are not the same. If you confuse the two - this read is for you.
Shopping for a mortgage? Read about our current renewal and how we saved some money.
I was wondering how people can afford nice things so I did a deep dive into Canadian statistics and came up with nothing we didn't already know - housing and transportation have a huge impact on our finances and things have gotten very bad over the last few years. But now I have data!
Sometimes you need to go against your instinct if the net effect is not in favor it. Looking at the net effect can and will save you money and time in the long run. Read some common every day examples of where it is important to evaluate the net effect.
Layoffs are a harsh reminder that no job is truly secure. Read why saving early, budgeting carefully, building an emergency fund, and investing consistently can protect your financial future. It worked for us when my wife was laid off.