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8 Critical Steps Every Family Should Be Taking to Prepare for the Next Financial Crisis

It remains to be seen whether or not the worst has passed, or if we are merely enjoying the relative calm during the eye of the latest financial storm. I personally believe we are in for more tough times in the near term.

A variety of stimulus programs have conspired to create an “artificial demand” that has produced seemingly positive results. However, I believe it only served to delay the inevitable. In fact, I’ll go a step further. I believe it made the inevitable even worse. Would the economy have been worse without the stimulus? Probably. Would we have survived and saved a couple trillion dollars in new debt? Probably. But who knows. I’m not an economist, and I certainly don’t play one on TV.  Read more >>

Funny Toons

Food Fight
food fight
Food Fight at a UN Famine Camp in Somalia – Dude got carried away

 

Capital Punishment
Capital Punishment
Playing Hangman can be dangerous – especially when you live among idiots.

Borrowing Money from Family

Article from: Money Smart Life

Borrowing money from family has kept people out of the cold for thousands of years. It hasn’t always taken the form of borrowing money directly but the family structure has offered food, shelter, jobs, and loans to brothers, sisters, parents, and all manner of family members. Lending money to people you know is always tricky, a loan can wreak havoc on a relationship. Add family dynamics in on top of that and borrowing money from family members can cause tensions for years down the road. However, as I mentioned at first, family bonds are an important part of our society so I wanted to look a little at why it is we sometimes borrow money from our brothers and sisters. Read more >>

The Art of Tenant Selection

This is a column by our resident real estate expert Rachelle at the Million Dollar Journey Website.

I have been renting properties in the GTA since about 1997. Here are my hints and tips for selecting the best tenants.

In our current market, if your place isn’t priced properly or is in bad condition you can look forward to bad tenants or periods of vacancy.

Today internet shopping has reached a new level and before people even come to see your apartment they have already shopped it for price, location and appearance. People used to take the first place they could find and now they’ll see many places before they make that buying decision.   Read on >>

Saving on Summer Utilities Bills

Saving on Summer Utilities Bills

Saving Money on Summer Utilities Can Save Hundreds of Dollars Each Year

There are countless methods available for lowering your energy bills and one of the best times to cut back is during the dog days of summer. Making the proper adjustments to your home and your lifestyle can work wonders in helping save money on electric bills but also do your part to help the environment as well. Just like other money leaks, just spending $10 or $20 more a month than you have to is very costly over time.   Read more >>

Pretty good article at Generation X Finances.  I am all about the savings…only way to accumulate wealth!