General Finance Archive

Seeing the Financial Matrix

As many of you may already know, I am not a big fan of my day job. I work in the public sector where I deal with customer complaints the entire day. Not only do I get tired fast but it drains me emotionally as well. I felt so fed up with my job this week that I

Refinancing My Student Loan (OSAP)

I’ve finally pulled the trigger! I know I had been saying that I will refinance my student loan since last year and did nothing about it. I am glad to finally confirm that I had taken action and refinanced my OSAP (Ontario student loan) last week. Despite contrary beliefs to repay student loans through OSAP,

I’m Going to Leverage 150k

After a recent discussion with my parents, they have agreed to let me leverage their $150,000 home equity line of credit at a 2.65% annual interest rate under the condition that I take full responsibility for it. We have all agreed that the 150k sitting in their credit can be put to better use considering

Should I Take Out a Loan for My RRSP?

Tax season is just around the corner and it is that time of the year where people start contributing to their RRSP! Personally, I think it’s best to contribute to the RRSP at the start of the year for investment growth but this can prove quite difficult for those who do not have the excess

Book Recommends: Millionaire Masterplan

Most recently, I had read through a book called the Millionaire Masterplan by Roger James Hamilton and I recommend it to everyone who is interested in building wealth. This book is written for those who are interested in becoming and entrepreneur and it outlines the steps to success in doing so. Here is a brief

How Important is Your Time?

It has been a while since my last post and quite frankly, I haven’t been updating my blog as often as I would like. Exhaustion has caught up to me and I haven’t achieved much progress financially as of lately. I had no other choice but to take a short break from finances to recover.