Normally the idea of spending $100 on fuel in one week, just plain sucks. Especially when you consider that $100 spent now means a loss of $700+ future dollars in 30 years. In this case however, $100 bought me great experiences worth far more to me now than $700 in the future. And partially, it’s thanks to the late Queen Victoria.
We’re now the second year of TD officially taking over (from CIBC) as the official issuer of Aeroplan credit cards, and overall it’s not a bad card. I recently signed up for the card, and got myself roughly $450+ in miles and rebates!
It seems the term “broke” is thrown around a little too easily sometimes. In our materialistic world it can be easy to become ignorant of what it genuinely means to be “broke.” This amusing video is a good reminder that everything is relative, and many of us still are much better off than others. Yet, most people are more broke than people in a 3rd world country due to immense debt that is carried by many.
The Dividends of VolunteeringVolunteering is one of those things that people always hear about other people doing, but often don’t do themselves. In the material world we live in, it’s unfortunate that we have come to the point where unless there’s a monetary reward attached to something, we are less inclined to do it. The awesome thing about living below your means and striving for financial independence, is that it has the side effect of reducing your materialistic mindset. In turn, you develop a different perspective on the world that can be far more full-filling than anything money can buy. Volunteering is one of the great ways to take money out of the picture and earn dividends of a different variety.
Investing Part 3: RRSP or Non-Registered or TFSA, Where Should Your ETFs Go?Okay, so you’ve made the wise decision to invest your money, and you’ve even got some ideas for what ETFs you want to buy, so which account should you use?
“It depends.”
Phew! Dodged that bullet, now lets talk about puppies and beaches and other more fun things.
Well that’s what I wanted to do, and I’ll be the first to admit I’ve been avoiding opening this can of worms because they’re so many variables. That said, I’d rather spend some time to work through portfolio asset optimization than leave money on the table for the taxman.