In between Great Choices
We can’t have everything we want, or can we? Opportunity Cost Humans have unlimited wants. And there is also the idea of scarcity in resources in whatever form they may be. Because people must make choices, they must inevitably make trade-offs in which they must give up something they want in order to get something […]
To Save or to Invest? Why choose when you can do both? Here’s how!
Were you thinking of saving? Or investing? You want to do it but don’t know where to start? Catching the perfect time to learn your options better for a secure financial future and choosing trusted advice that will not sabotage your finances can be tricky. In general, financial literacy is undoubtedly one of the most […]
Compound Interest: Building Wealth and Avoiding Bad Debts
A 2015 Organization for Economic Co-operation and Development (OECD) survey measured financial literacy (including knowledge, attitudes, and behaviors) and ranked Canadians’ overall financial literacy in 3rd out of 29 countries. However, the same survey found that only 61% of Canadians, roughly the OECD average, correctly answered 5 out of 7 questions about financial literacy. The […]
Spot the Deception, Learn How to Decide Wisely
Online shopping has become everyone’s guilty pleasure at this time. And in return, we’ve had a good laugh at online shopping failures some customers have experienced. The pictures used by online shops were deceptive. Marketing strategies can go this low for any product.