Get cheaper rates for exchanging currency

The first thing many do before crossing the border is visit the local bank and exchange their hard-earned loonies for a handful of US greenbacks. While this method of converting currency comes with the advantage of convenience, it certainly doesn’t come free. We actually pay a hefty premium for the privilege of doing business with … More Get cheaper rates for exchanging currency

What is my credit score? And how does it affect my financials?

Everyone who’s ever borrowed money to buy a car or a house or applied for a credit card or any other personal loan has a credit file. You’ll be surprised by the amount of personal financial data in your credit report. It contains information about every loan you’ve taken out in the last six years. Whether … More What is my credit score? And how does it affect my financials?

How do I get serious about making money? do I need to choose the right financial planner, do they have my best interests at heart?

I know you know that financial services in make tens of billions of dollars in profit every year, and where there is profit, there is bias. You’ll run into your fair share of aggressive sales pitches, not so caring advisors, or the smooth talker. Knowing how the financial advisor is paid can either remove this … More How do I get serious about making money? do I need to choose the right financial planner, do they have my best interests at heart?

Cutting the fat

The first thing before anything else, is to know exactly how much debt you have, where it is, and what interest rate you are paying. It would be optimal (or preferable) to consolidate your debt to one place ideally with the lowest possible interest rate. If it isn’t possible to consolidate your debt, it’s recommended that you … More Cutting the fat