Category: Personal Finance
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Are You Insured, Uninsured, Or Self-Insured? Which One Works Best for You?
In a previous blog post, I shared how the movie The Godfather influenced my life. Another film that shaped my thinking is Wall Street (1987) with Michael Douglas. Two lines from the movie are particularly memorable: “There is no nobility in poverty dad, one day you are going to be proud of me.” “The point…
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I made it to $500,000. I am a half millionaire.
It has taken me about 21 years to accumulate $500,000. While my achievement may not seem spectacular, I am incredibly proud of it. I have been in Canada for 26 years (I arrived in 1998) as an international student. Since I didn’t have much money, I had to go to school during the day and…
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From Flashy Sports Cars to Financial Freedom
When I was a teenager, I dreamed of having a fancy car. I devoted all my energy and effort to owning a sports car, and I finally succeeded. That car was my biggest pride, but it was also the main reason why I was broke. I was constantly improving it, making it flashier and faster,…
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Ways To Take Control of Your Lives
It’s no secret that life can sometimes get a little out of control. You may feel like you’re drowning in work, parenting, and other responsibilities. But the good news is that there are simple steps you can take to regain control of your life. This blog post shares some strategies that will help put things…
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Poor People Stay Poor Because They Are Afraid of Being Judged
Poor people stay poor because they are afraid other poor people will judge them for trying to get rich. -Dave Ramsey I think this is very appropriate, we are victims of our environment and we are deeply influenced by the people around us. I have a few friends who are rich, and I try to…
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Turning Inflation into Opportunity: Strategies for Thriving in a High-Cost Economy
Inflation is high, and I can feel it. Food costs more, going out to restaurants costs more, and the cost of housing is going through the roof. Many of my friends are nervous and unhappy, and most of them are looking for solutions to cut costs. Cutting costs is easy: you buy the bare minimum…