A home equity line of credit or HELOC is a revolving credit secured by a home. It can be used to lower borrowing costs, or pay for tuition, or unexpected expenses. It can even help people invest 😎 If we’ve worked hard to build up equity in our homes then why not make that equity work for us? 😉… Read More »
What is Stealth Wealth? Stealth wealth is defined by being rich but not letting the world know about it. This financial strategy is how most millionaires are able to blend into society. Keeping our wealth a secret allows us to enjoy work, travel, play, and financial security without attracting unwanted attention to ourselves. So stealth wealth, is good wealth 😎 Obtaining… Read More »
This post explains how to quickly build up net worth without feeling deprived. If I can help it I simply don’t start a routine (which costs money) that is hard to quit. Below are 4 categories where I spend less than the average person. The reason I appear to be frugal in these categories isn’t because I want to save… Read More »
Earlier this year I wrote about buying a Saskatchewan property at an auction 🙂 But I had to raise $25,000 by the completion date, or I lose my deposit forever! 🙁 The seller has since pushed back the original completion date to October (lucky me) but regardless of the extension I’ve successfully secured the rest of my downpayment… Read More »
Earlier in the Spring I blogged about how undervalued commodity stocks were and hinted that it could be one of the best trading opportunities of the year 🙂 So I explained how I invested $2,000 into some stocks and plan to sell when I can make at least $1,000 in profit. Well earlier today I sold all those… Read More »
Is the United States of America still the land of opportunity or is it becoming more difficult for people at the bottom to live the dream? The answer depends on where you live 😉 Upward mobility measures the likelihood for people to move up their economic status. A recent study published by the Equality of Opportunity Project shows that… Read More »