As seen in..
FB in a Nutshell
other blog: the everyday minimalist
talk to me: contact me here
location: canada/usa
works: business consultant
net worth: ~$155,000 as of Dec 2011
eats: sashimi, tartiflette, pho
drinks: earl grey cream tea
gadgets: macbook pro 17", ipod touch (pda)
beauty: fb's list of toiletries/makeup
wants: roland rd700-gx piano
reads: ayn rand, tom stanley, sophie kinsella
watches: bones, mentalist, castle, top chef
wears: wrap dresses & necklaces
loves: minimalism, $$ management, traveling
hates: wearing shorts & being late for anything
Debt Archive
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What Should you Study in School / Should you Go back for More Education?
Posted on June 10, 2013 | 2 CommentsThe simplest answer is calculate your return on investment. Education is an investment in yourself It’s “good” debt right? So treat it as such. Note: I don’t believe any debt is good debt any longer, including buying a home, car or even higher education. Student... -
If the lesson was expensive, don’t pay for it again
Posted on February 8, 2013 | No CommentsEver hear the one about that couple who got into consumer debt, consolidated it onto their mortgage, and then racked up their credit cards again? Me too. Here’s what I say: If the lesson was expensive, don’t pay for it again. -
Not planning for retirement is like cramming for an exam
Posted on September 24, 2012 | 1 CommentRemember the good ol’ days in college where you’d stay up to pull an all-nighter, drink 15 cups of coffee* and type in a frenzied haze of caffeine? Then after you stalk a Kinko’s (printing shop) that opens at 7 a.m. to print your ‘masterpiece’,... -
Paying down a debt? Think of the interest rates as returns.
Posted on September 3, 2012 | 1 CommentI know it sounds stupid, but it might help to think of the interest rates on your debt as returns on your money. Let’s say you have 2 credit cards: One card with a $5,000 balance at 9% interest The other with a $10,000 balance... -
10 Money Tips For a Better Relationship with it
Posted on June 11, 2012 | 5 CommentsIt may not seem like it sometimes, but I’m fairly relaxed about money. Yes I know, I am not in debt any longer and I’ve saved a fair amount in the past 2 years, but this kind of zen, stress-free attitude towards money stems from... -
The Most Enlightening Personal Finance Calculation I’ve Ever Done
Posted on April 16, 2012 | 6 CommentsKeeping your expenses as low as possible was best illustrated to be with some simple math, and once I got out of debt and had some REAL savings, I started calculating my expenses to get an idea of how much I needed in my emergency... -
Why save for retirement while you clear your debt?
Posted on December 12, 2011 | 12 CommentsReader Earin (obviously from Europe, as they wrote in using the € symbol ), asked why someone would save for retirement if they were clearing their debt. My question is, wouldn’t it be wiser to not save for retirement as long as one has debt... -
30 Things To Do Before The Age of 30
Posted on November 25, 2011 | 17 CommentsSet 1-3 SMART financial and personal goals each year and revisit them often to stay on track Start tracking your net worth (Assets minus Liabilities) Start a monthly budget even if you go over and don’t follow it religiously Start tracking your expenses to see... -
What if money wasn’t in the picture at all?
Posted on November 16, 2011 | 11 CommentsIn preparation for a new year and a fresh start, I thought I’d throw a question out there: What if you had so much money (millions, MILLIONS) that you could pretty much buy and do whatever you wanted? What would you do first to use... -
Going bananas on my debt: A look back at how debt-obsessed I was
Posted on November 11, 2011 | 18 CommentsBF made an observation the other day that took me back to the days of being in debt. We had been talking about a friend who is going through a rough time financially. The guy has a lot of debt, is on the brink of...