Every day, you make lots and lots of financial choices. Do I buy that shirt? Shoes? TV? Car? House? If yes, which one? This one question will help you make the right choice.
Rising prices aren’t all embattled American consumers have to struggle against. Shrinkflation is on the prowl. That sinking feeling you get upon opening a bag of chips that’s nothing but air? You’re not alone – everyday items really are getting smaller, according to a new report from the US Bureau of Labor Statistics. The government […]
Would you pay $10,000 for a sofa? Even if you decide to buy the most expensive couch you can find, these financial pros say it could be ok. We’ll review two scenarios where the answer is (unsurprisingly) “No,” and one where it’s “Yes!” I was scrolling through the Money topic of Medium, a popular online […]
Living in the suburbs, with both of us running businesses, my wife and I need two cars. Once Covid stopped shutting down everything, and given gas prices, we spent about $270 a month just on gas. That’s over $3200 a year! Crazy! In late 2021, I replaced my 10-year-old gas-powered Toyota Camry with a hybrid […]
The holiday season is one of my favorite times of the year. Even though we only have about 8 hours of sunlight a day here in Winnipeg, the lights, snowmen, and Christmas spirit tend to keep things warm and joyful (even when it’s -40 outside). It’s a wonderful time of the year to reflect on […]
It was predictable. I’m not talking about the spike in used-car prices, though that too isn’t surprising. No, I’m talking about the doomsday drumbeat about “through-the-roof” new-car prices. Here’s a representative sample of half-a-dozen pieces harping on that theme: Business Insider: “Why used and new cars are so expensive right now, explained in 3 charts” […]
Most of us spend too much during the holidays, and most of us finish them feeling more stressed than we went into them. We tell ourselves it’s inevitable, but it’s really not. Being aware of why we over-spend can be the first step towards sticking to a sensible holiday budget. Here are ten reasons we […]
Making a major purchase can be stressful or exciting. If most of yours feel stressful, it could be because you’re simply not at peace with the idea of spending that much money on that particular thing. Ask yourself these questions about any major purchase, to feel a lot more comfortable with your decision. Do I […]
It Can Pay Off in Surprising Ways to be a Contrarian… It’s fairly well known that transportation is one of the three largest expenses (at least for most Americans). Clearly, if you can get away with owning one car (for a couple), you’re better off than owning 2. If you can get away with not […]