Browsing the "Debt" Tag →

Keeping up with the Jones Principle in Canada

January 27, 2014 | 0 Comments

The Keeping-Up-With-the-Joneses Myth “They found that poor households didn’t borrow more in high-inequality areas. Instead, poor households borrowed more in poorer areas (i.e.: areas with less overall inequality). In short, it’s the opposite of what the...

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Saturday Night Live gives financial advice

January 6, 2014 | 0 Comments

Short-range hedonism

December 30, 2013 | 0 Comments

I was reading the comments section of the news article Mortgage rise will plunge a million homeowners into ‘perilous debt‘ and a reader mentioned the term “short-range hedonists“. Apparently, short-range hedonists “lead unfulfilling lives marked by listlessness,...

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Canadian Students

Living In A Basement Is A Drag

December 17, 2013 | 0 Comments

Haircut Deficit: Kids Living in Basements a Drag on U.S. Services Spending ” As young adults stay home with their parents rather than forging out on their own, spending on utilities and amenities such as cable...

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Economic junk food

November 26, 2013 | 0 Comments

I quite like the opening line in this article. Why Canadian homes are more unaffordable than ever “Low interest rates are a form of economic junk food.“ “Most of us have at least a basic idea...

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80 is the new 60 – retiring with debt

November 22, 2013 | 0 Comments

A New York Post article reflects upon a new reality in regards to retirement.  80 is the new 60 when it comes to retirement “Now 80 is the new 60 when it comes to retirement....

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“Generation Wait” and our struggling economy

November 19, 2013 | 0 Comments

Are Millennials Being Desensitized to Debt? “An interesting question does arise as to whether or not our young Millennials are being conditioned to carry large debt loads and may have become desensitized to debt as...

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Canadian Students

Students to get realistic about career choice

November 18, 2013 | 0 Comments

Student debt crisis? No, expectations crisis “I’m not unsympathetic. My niece will graduate next spring with a five-figure loan and no prospect of a teaching job this side of Nunavut. But the notion that this...

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