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Nov 25, 2017

Have you ever wondered why a credit card isn’t called a debt card like it should be? Think about it. That’s what a credit card really does – it gives you debt. Well, I’ll tell you why. Because it’s not good marketing. And credit card companies know this.

In Myth 4 of my book, Straight Talk on your Money,...

Nov 18, 2017

On today’s show we discuss the different forms of income that can be garnisheed (or not).  Here are the types of income, with the time stamp if you want to fast forward to that section:

  • Wages – 3:21
  • Ontario Works – 8:31
  • Disability Pension – 9:58
  • ODSP – 10:00
  • Retirement Pensions – CPP – 12:36
  • OAS –...

Nov 11, 2017

How important is your credit score?  In my book, Straight Talk on Your Money, on page 48 I discuss the “Credit Score Scam”, and on page 52 I say that you should not focus on your credit score.  (Apparently I’m not a fan of credit scores).  It was those passages from the book that prompted Ross Taylor, a mortgage...

Nov 4, 2017

November is financial literacy month in Canada, and for the seventh straight year the government will encourage Canadians to:

take concrete actions to better manage their money and debt, including making a budget, having a savings plan and understanding their financial rights and responsibilities.

So, the solution to...