Feb 062013

I think one financial problem that has plagued many people is losing their wallets. Some people put a lot of stuff in their wallets and when they lose it they have to replace multiple credit cards, Costco, Safeway, other membership cards or identifications, etc.. It’s a big hassle (╯°□°)╯︵ ┻━┻  But when I look at the pile of cards I have myself I realize that I don’t even use most of them on a daily, or even weekly bases. In order to simplify my life I have decided to always leave my wallet at home when I go out 🙂

I only bring what I need with me. That means on Mondays to Fridays I bring my driver’s license, a credit card, and a few banknotes with me to work.  These items hardly take up any space and is very inconspicuous in my pocket. When I go shopping on the weekends, I might only bring some cash for example. Most places I go to buy food don’t even accept credit cards so there’s not much incentive to take my cards with me (^v^) The point is to plan ahead and bring only what I need for that trip.

leave wallet at home

Leaving what I don’t need at home greatly reduces the risk of losing them, and also decreases the risk of identity theft. Not to mention, it deters impulse shopping, which not only saves money, but can also help me make those tough lifestyle decisions.  Oh look, buffalo wings for only $8.99. But I didn’t bring enough money today. Never mind, I’ll just go with the milk and eggs as planned >^_^< 

My friend got his wallet stolen at a gym before. Somebody broke into his locker. It’s no surprise that public changing rooms aren’t the safest place for personal belongings. If only he left his wallet at home. Even leaving the wallet in the car, and only bring his gym membership into the building would have been safer. At least there are security cameras in the parking lot and he has insurance if someone breaks into his car. We all know the saying don’t put all your eggs in one basket. Investors shouldn’t put all their money into one stock. So by extension I think neither should we put our personal identity and all our spending money into one foldable case, and then expose it to the outside world every day. I may have 99 other problems, but losing my wallet ain’t one 😀

Dec 102012

I was recently invited to help host a big giveaway along with some prominent bloggers in the personal finance space. So in line with the holiday spirit I am happy to announce that we are giving away an Apple iPad 3 32GB wi-fi. The winner may choose the color :0) Details for the iPad 3 giveaway below.

ipad 3 giveaway

Here are the Terms and Conditions

This contest is open to everyone worldwide, although shipping is only available where Amazon.com delivers.  Free shipping is available within US & Canada up to $50.  Winner is responsible for any applicable taxes or duties. Winner is welcome to choose a different iPad model, but overall prize value will not exceed $700 including shipping.  No cash will be included with the prize. If the winner’s color of choice is not available a different color will be selected.

To enter via facebook, you are required to ‘like’ every single co-host on the list.  You can also enter via twitter, RSS feed or Google+ with the other listed options.  Plus you are able to enter daily by tweeting the contest post. The contest runs from December 10th to 28th 2012.  The winner will be contacted via e-mail.  You must respond within 48 hours to claim your prize or a new winner will be chosen.


*This giveaway has ended*


Feb 242012

I’ve decided to participate in the Yakezie Challenge, which is going to be a great way to network with other like minded folks and grow my blog’s Alexa ranking.Proud Member of Yakezie———————————————–

On another note. I finally had some time to add a blogroll under my “Best Reads” menu so you guys can know what kind of websites I read in my spare time.


On a final note. My RIM stock giveaway contest from earlier this week is now closed to new entries.  Only 11 people entered, but I was expecting more (>_<) Oh well. I suppose this means everyone who participated has a better chance of winning then (^_~) The table below shows RIM’s real time price (minus up to 20 minutes), and how close each entry’s predictions are. As the gap between their predicted price of RIM and the real price gets closer, it will turn greener. The final winner will be decided at the end of the month on the 29th. Good luck everyone..

[iframe https://docs.google.com/spreadsheet/pub?key=0Aog7OusUIUn2dEh2RXZ5bVd1MFNCNmZ3U2x5Q0s3MWc&single=true&gid=0&range=A29%3AC42&output=html 600 300]



Feb 202012

Last week I posted my 100th blog entry. To celebrate this milestone, I’m showing support for all my readers out there by holding a stock giveaway contest. Except, rather than giving away real stocks, I’ll be sending one lucky winner money instead.

I am giving away a RIM share, in the form of cash! Research In Motion is a company well known for creating the Blackberry smart phones but more notoriously, for major management problems last year that devastated their share price. Are their stocks a cell! cell! cell! or does the company just need some time to recharge?  confused  Here’s your chance to be a stock analyst. All you have to do for a chance to win is simply predict the closing price of (RIM.TO) on the last trading session of this month, February 29th 2012.  The closing price is the final price at which a stock is traded before the markets close for the day (4:00PM Eastern.) For convenience, the winner will need to have a Paypal account to collect the prize. You can sign up for free at paypal.com. Contest rules and details below…

How it Works.
The person with the closest estimate to RIM’s actual closing price on Feb 29th will win 1 share of RIM, in the form of cash, equivalent to the closing price. However, if the winner’s prediction is spot on, right down to the cent, then he or she will win 2 shares of RIM, double the amount in cash!
How to enter
Post a comment below with your prediction of what the closing price of RIM will be on Feb 29th. The deadline to get your entry in is 9pm Eastern, (6pm Pacific) on Thursday, Feb 23th. Any entries entered after that time will not count. This leaves RIM with 4 remaining trading days before the final closing time on Feb 29th.
How to win
The person with the most accurate prediction wins. It’s that simple. It doesn’t matter if they are over or under the final closing price target. This is a transparent contest because everyone can see each other’s entries in the comments section below. The winner will be announced shortly after the markets close on Feb 29st. After the announcement, the winner will have one week to contact me to claim their prize. If there is no response, the prize will go to the second most accurate estimate.

I hope the rules are pretty straight forward. This is my first giveaway.  If it turns out to be a fun experience for everyone I will consider doing more giveaways like this in the future (^_^)  How you pick your target price is completely up to you. The deadline to get your entries in is this Thursday evening, so don’t miss out. I’ve temporarily added RIM’s share price to the right sidebar of this page arrow so we can keep an eye on it as we approach the end of the contest.  Both your skills AND your luck will be tested (^_~) Good luck folks!


The fine print:

  • Cash prize will be in CAD
  • Winner must have a working Paypal account as this is the only method of payment
  • In case of a tie, whoever entered first wins
  • Limited one entry per household (multiple entries or spammers will be disqualified)
  • Once you’ve commented with your price prediction, you cannot change your mind
  • You can freely ask questions in the comments section or e-mail them to me
  • If you want to, feel free to explain your prediction in your comment
  • Contest refers to the shares trading on the Toronto Stock Exchange (TSX)
  • Closing Price will be determined by the price listed on Google Finance
  • Closing Price does not mean, or include, After-Hours Price
  • You must use a valid e-mail address when you comment (It will NOT be published)
  • There is a 15-20 min delay on the price of RIM on the right sidebar, as well as on Google Finance.
  • I reserve the right to cancel this contest at any time for any reason
  • I personally hold 50 shares of RIM, but am not otherwise affiliated with RIM or Paypal
  • After all entries have been submitted, a chart comparing how all the entries are tracking may be posted publicly
  • Cheaters will be disqualified