Canadian Personal Finance Blog

Random Thoughts on Advice

This week seems to have been a week where I figured advice was a good theme, not sure where it all came from, but it was an interesting bit of writing to cover some of the “rules” and ideas that have shaped myself. Good advice should never be discounted in value, and bad advice cannot be blamed more for bad choices. This means you should be careful giving out advice, because sometimes you can’t tell whether you are giving good or bad advice.

Advice and Best of The Week

• Canadian Tax resource points out that Ontario’s brand spanking new Harmonized Sales Tax could mean higher costs for all Canadians, due to charges on Mutual Funds.
• Wise Bread points out that for First Time Home Buyers: Learn to Trust is an interesting piece of advice, but remember to hire trustworthy folks first too (as is pointed out).
• No Debt Plan has some good advice about Why Companies Want You to Receive Your Bills Electronically, which has some very good points in it.
• Money Smart Life talks advises about Emergency Funds In Case You Lose Your Job, which is topical and good advice.
• Ellen Roseman wants to hear about your Telecom Complaints, as she is in the same boat right now. 
• The Canadian Capitalist also writes about the Cost of Harmonization, looks like a new cash grab by Ontario.
• Michael James did some serious number crunching and may have a system where you might not lose as much when you buy lottery tickets with the teasing title Winning the Lottery.
• Gail Vaz Oxlade has some good advice about Mortgages in Blending and Extending. 

Watch for the videos this weekend, went back to Financial and enlisted a great Canadian satirist to help out. Unless I win the lottery, see you on Monday.

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