Posts tagged saving
How Reliable Are These Financial Rules of Thumb?

What’s a common financial rule of thumb you know? Who told you about it?

Most people find out through word-of-mouth – through a piece of advice explained by a parent or friend when approached for guidance towards buying, saving or investing. Financial rules of thumb are intended to provide guidance, and are a good starting point to begin to set your financial goals, but how reliable and effective are they?

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Under Renovation: Stay or Go?

Every renovator asks themselves the question: Should I stay in my home while I renovate or find another place to go until it’s completed? Some renovators decide to stay in their home while it undergoes construction. Some decide to rent, stay at a hotel or go on vacation during the process. However, the answer usually depends on the scope of the project, its timeline and whether your family can endure the interrupted routine.

But how do you know what option is right for you?

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Does Debt Consolidation Really Help?

As we head into the second month of the new year, your expenditures and bills may have started to catch up with you. Combined with costs of the new school year, or credit card statements hiking up your stress levels, you might have begun to consider possible options to lessen the strain.

Debt consolidation is probably one of those potential options you have floating around in the back of your mind. However, before heading straight to the bank to transfer your debt into one manageable account, it’s a good idea to seek professional advice and know what the process includes and the risks involved.

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