Farmland Update – Small Price Increase Farm Credit Canada just released its annual Farmland Values Report which provides a yearly overview of provincial and national land values trends across the country. As usual, it is this time of the year that I adjust the value of my Saskatchewan farmland using the average change of this report and the inflation… Read More »
To get the most out of our spending we can take advantage of consumer surplus. A consumer surplus occurs when we, as consumers, are willing to pay more for something than the actual market price. For example, I pay about $50/month for parking at work. Since I drive to work everyday, being able to use the parking lot… Read More »
A New Way to Measure Your Success There are varying degrees of success and many different ways to define it. For example, in order to be a successful frequent flyer, you will probably need a lot of connections. 😀 And if you’re trying to lose weight, success is all about mind over platter, and winning that Nobelly Prize. 😄 Financial success is… Read More »
The following post is written by collaborator Jim Thompson. With the rising cost of living, it is important for people to invest. If you have never invested before, you might be apprehensive about where to place your money. However, with high returns you do not have to invest a lot of money. When you invest, you are planning… Read More »
When Long Term Planning Works Out Thanks to my recent investment in Lending Loop I am now making an additional $2,000 per year of interest income. This brings my total passive income to $24,000 per year. Sweet peaches and cream! 😀 Here’s a breakdown. $9,000 dividends $9,000 rent $6,000 interest Passive income is the best kind of income for 3 important reasons:… Read More »
A Real Education About Money April is officially financial literacy month. Yay! Information is free and everywhere. The problem is some can be misleading. One of my favourite PF gurus, Gail Vaz-Oxlade, recently noticed a slough of pretentious ninnies online pretending to be financial experts. Is it just me or is every Jo and their dog now a personal finance… Read More »