by Darrin Surminsky | Sep 12, 2022 | Uncategorised
Life doesn’t always go according to plan. Unexpected life occurrences can happen to anyone and are simply out of your control, such as illness/disability, divorce, job loss etc. If you experience any of these, they can drastically affect your financial health. In...
by Darrin Surminsky | Aug 11, 2022 | Uncategorised
The Bank of Canada has implemented rapid interest rate hikes, as the rate has increased 2.25% in just the last few months. They have also indicated we should expect further interest rate hikes in the coming year. What does that mean to Canadians that have debt? For...
by Darrin Surminsky | Apr 8, 2022 | Uncategorised
Credit cards are designed to extract the maximum amount of interest charges from you. The interest rates are typically high and they encourage you to stay in debt for as long as possible by requiring only a small minimum payment each month. This minimum payment is...
by Darrin Surminsky | Apr 6, 2022 | Uncategorised
Credit Card companies are excellent at tricking you to take more of your money: First they push cards on you and encourage you to use them. Second they find many ways to charge you fees and of course carry a very high interest rate. Third they encourage you to borrow...
by Darrin Surminsky | Jan 27, 2022 | Uncategorised
Debt is not inherently bad or good. There are however good reasons for incurring debt and bad reasons for incurring debt. Your financial goal should not be to grow the biggest pile of cash possible, but rather to get the most enjoyment out of your money, to maximize...
by Darrin Surminsky | Jan 27, 2022 | Uncategorised
You can make more money and grow your wealth by working harder. Generally, the more hours you work, the more money you will make. However, putting in more hours, burning the midnight oil, putting your nose to the grindstone, these all don’t sound like much fun. There...
