Polling indicates that the number one issue for Canadians is paying down debt, (STORY HERE). While it was the choice of only 16% of respondents, if you add in the next top selections: building savings, managing day to day spending, getting current bills paid and retirement planning…well. Its pretty apparent,
Continue readingTag: economy
Canadian Soapbox: 2014 The year of spending, saving or paying down debt?
Polling indicates that the number one issue for Canadians is paying down debt, (STORY HERE). While it was the choice of only 16% of respondents, if you add in the next top selections: building savings, managing day to day spending, getting …
Continue readingCanadian Soapbox: 2014 The year of spending, saving or paying down debt?
Polling indicates that the number one issue for Canadians is paying down debt, (STORY HERE). While it was the choice of only 16% of respondents, if you add in the next top selections: building savings, managing day to day spending, getting current bills paid and retirement planning…well. Its pretty apparent,
Continue readingAccidental Deliberations: Sunday Afternoon Links
This and that to end your weekend. – Paul Luke comments on the general stratification of workers into three groups: professionals facing extended hours and stress at a single job, service-sector workers juggling multiple jobs at more than full-time hours, and people struggling to find work at all. But it’s
Continue readingAccidental Deliberations: On consistent preferences
Stephen Gordon (among others) took the time to point out that Jim Flaherty’s attacks on the Bank of Canada are both unwise in general, and wrong in terms of economic theory. But even setting aside those critiques, the mot important message to be taken from Flaherty is that he’s once
Continue readingCanadian Soapbox: The difference between TFSAs and RRSPs
I recently gave a quick review of David Chilton’s new book, ‘The Wealthy Barber Returns’. My recommendation for people struggling financially was summed up in three simple words, READ THE BOOK. The lack of financial literacy in our society is mind blowing, with potential for serious ramifications down the road.
Continue readingCanadian Soapbox: The difference between TFSAs and RRSPs
I recently gave a quick review of David Chilton’s new book, ‘The Wealthy Barber Returns’. My recommendation for people struggling financially was summed up in three simple words, READ THE BOOK.The lack of financial literacy in our society is mind…
Continue readingCanadian Soapbox: The difference between TFSAs and RRSPs
I recently gave a quick review of David Chilton’s new book, ‘The Wealthy Barber Returns’. My recommendation for people struggling financially was summed up in three simple words, READ THE BOOK. The lack of financial illiteracy in our society is mind blowing, with potential for serious ramifications down the road.
Continue readingAccidental Deliberations: Friday Morning Links
Assorted content to end your week. – Jim Stanford writes about the myth of a labour shortage in Canada: In this context of chronic un- and under-employment, it is jarring that so many employers, business lobbyists, and politicians continue to complain about a supposed shortage of available, willing, and adequately
Continue readingCanadian Soapbox: Struggling financially? Read ‘The Wealthy Barber Returns’
I’m 47 years old, and if you’re around my age or older you’ve probably heard of or read David Chilton’s book ‘The Wealthy Barber’. I’m certain that Mr. Chilton is at least partly responsible for the boon in mutual fund investing that occurred during the nineties and early into this
Continue readingCanadian Soapbox: Struggling financially? Read ‘The Wealthy Barber Returns’
The original book centred around a rich barber who dispensed financial wisdom to his customers in a narrative form. The author has abandoned that device in this book however, and speaks directly to the reader, and its a wise choice. Too many people are struggling and need to be spoken to directly, not via a kindly older gentleman cutting hair. Our problems typically boil down to hedonistic desires trumping simple common sense. ‘The Wealthy Barber Returns’ has one key theme that is obvious and simple.
Canadian Soapbox: Struggling financially? Read ‘The Wealthy Barber Returns’
I’m 47 years old, and if you’re around my age or older you’ve probably heard of or read David Chilton’s book ‘The Wealthy Barber’. I’m certain that Mr. Chilton is at least partly responsible for the boon in mutual fund investing that occurred during the nineties and early into this
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Thomas Walkom points out that many Canadians can expect to lose jobs without any social supports due to the Cons’ focus on political messages over real-life impacts. And Blake Zeff offers a reminder that while progressive economic policy may be receiving more attention
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading. – George Monbiot criticizes the UK Cons’ latest effort to outlaw any form of individual action or expression which might intrude upon the corporate bubble: The existing rules are bad enough. Introduced by the 1998 Crime and Disorder Act, antisocial behaviour orders (asbos)
Continue readingAccidental Deliberations: Monday Morning Links
Miscellaneous material to start your week. – Tim Harper and the Star’s editorial board each offer up some hope that 2014 will be a more productive year in politics than 2013 was. And Nora Loreto offers a suggestion as to how to make that happen: Young workers, like all workers,
Continue readingAccidental Deliberations: Sunday Morning Links
Assorted content for your Sunday reading. – Frank Graves recognizes that the dismal mood of young Canadians is based on the economic reality that the expected trend toward intergenerational progress has been reversed. – Meanwhile, Jesse Myerson discusses five policy proposals which would give younger citizens a far more fair
Continue readingCanadian Soapbox: Investing in Canada’s aging population
I have blogged frequently in the past about Canada’s baby boomers, and how they’ve moved through the economy like a ravenous horde of locusts. Their footprints are everywhere. Obviously being in front of this demographic group has the potential to be profitable. People who bought houses in the late 60s
Continue readingAccidental Deliberations: Saturday Morning Links
This and that for your weekend reading. – The Star offers an editorial on the continued increase in wage inequality in Canada, highlighting the complete lack of any connection between accomplishment and executive compensation: (T)he country’s economic performance has changed dramatically. In 2007, when Mackenzie began, the Canadian economy was
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Costas Lapavitsas discusses the disproportionate hold finance has over the global economy: Financialisation represents a historic and deep-seated transformation of mature capitalism. Big businesses have become “financialised” as they have ample profits to finance investment, rely less on banks for loans and
Continue readingAccidental Deliberations: New column day
Here, on the need to keep the holiday message of peace and goodwill in mind throughout the year – while working to foster both in our homes and in the world around us. For further reading, I’ll point back to a couple of pieces about the effects of poverty and
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