It is the Victoria Day weekend this weekend (unless you live in Quebec, La Fete Des Patriotes), and in Ottawa this is the first weekend you should be planting things (if you did it any earlier you most likely aren’t too happy about the frosts we had the past two weeks).

Justin Trudeau Game Misconduct Elbowing.

The People’s Elbow!

I have decided I want to be Floyd Mayweather’s new barber as he has haircuts 3 times a week, and he pays $1000 each time (oh and he is bald, it seems too). This sounds like my kind of career, whether Mr. Mayweather pays this or not, I suppose he is helping the economy by spreading his wealth around? Luckily football players like Cam Newton don’t waste their money on 24-Karat GoldClassic Oldsmobile 442 Cutlass, it’s an investment (?!?!?).

I think Terry Mosher’s (Aislin) comic sums it up nicely, at least the house of commons isn’t dull and boring any more. I have heard that a red card should have been given for flopping though, but that is for others to discuss, I simply enjoyed the Media’s painful overstatement when things started,”… there seems to have been a brawl in the house of commons…”.

If you use Linked-in (as I do), hopefully you have changed your password since 2013 (or so)? If not, think about it, because that old password is out there and available to some nasty folks (and don’t choose any of these). Unfortunately if you were a Mobilicity subscriber, you are now a Chatr customer (whether you wanted to be or not).

My Writings for Week Ending May 20th

Do you like using new technologies and wonder why you can’t use Interac with your Apple Pay on your iPhone 6.0, well good news for you in Apple Pay and Interac Together (but is this a good thing)? Is NFC really secure?

Went back into my large archive of semi-complete articles with Hippocratic Finances, can you argue you are doing no harm with your finances?

A Retirement Thought

“If I’d known I was gonna live this long, I’d have taken better care of myself”
Eubie Blake

Here is another thought:

Debts and weights are easy to gain, hard to lose.

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For a while it has miffed me that every time I have ranted about PayDay Loan places, Google Adsense (my major advertiser) decides that the article should be surrounded by advertising for those very same PayDay Loan places, but evidently this will be changing! Google will be removing PayDay Loans from their Adwords networks, but I remain skeptical. My guess is that the High Risk Loan industry will just market themselves in a different manner, but, good on Google for taking this step (wouldn’t it be nice if the CRTC did the same thing for those ads on TV?).

Full Moon

Will This Be a Bad Moon Rising?

Are you curious whether your boss or your neighbors (or even family) are mentioned in the Panama Papers? Now, you, can search and see what is going on at ICIJ Offshore Leaks. Yes, I did search, but none of my relations seem to be mentioned. As I have mentioned, I aspire to be in that kind of a database (i.e. having that much money).

Fort MacMurray is still under threat of forest fires, but it is good to hear the damage to the city is not as extensive as it might have ended up. Remember you can donate to help at many different outlets (including most on-line banking web sites).

I didn’t realize that there are over 500 Billionaires (with a ‘B’) in the United States. #TIL

My Writings for Week Ending May 13th

I guess the fires in Fort Mac had me thinking about house insurance and claims, and thus the two posts from this week were in that area.

Home Insurance Gotchas was from my archive of unfinished stories, outlining the importance of making sure you are always following the rules of your Home Insurance Policy. If you think something is covered by your policy, it never hurts to ask your agent whether it is covered or not (finding out later it is not, is a likely outcome if you do not ask).

In Home Insurance Follow Up I point out again, that exceptional things in your house need to be identified in your Home Insurance Policy, or you may not get them replaced, should there be a fire at your home. Ask your agent if you are not sure what is or is not covered (I do seem to be repeating myself here).

Evidently in Ottawa there is a full moon tonight, and it is Friday the 13th as well, for those interested in that type of stuff.

Where do Bitcoins Come From Mommy?

For those curious, here is a tweet about where some of them come from.

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Fort Mac, Mothers and #MoneyTalk

Our thoughts and hopes for a better day are with the folks in Fort McMurray and the areas around that are being devastated by forest fires. Now is not the time to be partisan, now is the time to support our fellow Canadians:

Click Here to Give to the Red Cross’ Alberta Fire Appeal


The Ultimate Mother, “Gran” from Giles

You can also text “REDCROSS” to 30333, which results in an immediate $5 donation to the fund. Canadians stand together against this kind of devastation.

For those ofย  us not directly affected, maybe it is time to check your home insurance policies to see whether this kind of event is covered or not? It would be less than prudent not to do that right now. I wonder what this might do to home insurance rates?

Not sure how you could be unaware Sunday is Mothers Day, but it is time for you to remember the woman that was (and might still be) the center of your world. The one that guided you to where you are today. For those who no longer have their Mother, my sympathies, for those who still have their Mother, what are you going to do for Mom on Sunday? Why do you have to wait until Sunday to do it?

New fathers remember this advice I gave a while ago

A helpful hint for new Fathers out there, you may have the idea that your wife is NOT your Mother so you don’t need to get her anything, you are mistaken. She is your children’s mother, and if you don’t get her something expect a very cold and quiet Sunday (and the argument, “You aren’t MY Mother!”, really seems to exacerbate the whole thing), not that I am speaking from personal experience.

My Writings for Week Ending May 6th

A lovely spring week in Ottawa, with the Tulips starting to bloom (the squirrels have eaten mine already), but some interesting articles written as well.

With Fees and Penalties I wondered if some existing fees might disappear like the rewind fees on VHS tapes? I somehow doubt many are going away any time very soon.

Debt Consolidation and Tattoo Coverups has me making a connection between bad tattoos and debt (remember I have previously said that Debt is Like Fat and Debts are Like Weeds), and I think the point is well put.

A Money Thought

Don’t buy stuff just because it is on sale! –Anon

๐Ÿ‘‡ For more great financial articles from this week click here ๐Ÿ‘‡


You know that your taxes are due this weekend, so to quote one of my new favourite shows LetterKenny, Pitter-Patter, time to get at ‘er! (in terms of your taxes at least). The most interesting part of the show is that my daughter claims that she talks to people like that every day, so just remember when it comes to your money, “Keep yer eyes on the prize, Sky Chief” (to paraphrase), so get down to yer taxes. Hope this is advice you can appreciates.

RESP Piggy Bank

RESP’s Are Savings For Your and Your Child’s Future

There is a new report from the Government about the RESP program and who has benefited from this useful savings vehicle (for parents). The Report entitled, Canada Education Savings Program: Summative Evaluation Report, and the telling statement in the report (about whom uses RESPs) is:

Furthermore, it was estimated that over $400 million in grants (or 49% of all CESP expenditures) were distributed to families with a household income of $90,000 or more in 2013, of which $280 million (or 32% of CESP expenditures) went to families earning $125,000 or more.

I think this is kind of a self-fulfilling prophecy (i.e. Rich folk are the ones using the program the most), in that more affluent families are more likely to open accounts, and thus more likely to build up grants from it. Very few lower-income families are even aware, that even if they put no money in, they can still build up savings for their kids future post-secondary education. While there are groups like that are trying to help get the word out, the Government does a poor job educating parents about the benefits of the program for lower-income Canadians.

There was a planned NCFBA semi-periodic meeting planned this week, but thanks to most un-excellent planning on my part things did not transpire as I had hoped. It is always fun to meet with my fellow Financial Blogging folk, because most of them are very interesting folks (you would be surprised what most of them do for their real jobs). It may have been better that I didn’t go, given my son has a terrible cold (I might have infected some of the finest financial minds).

My Writings for Week Ending April 29th

Another week and more odd news from Stats Canada in terms of prices of things, where we continue to be told that drinking gas might be the cheapest way to live? Good Food Still Is Not Cheap in Canada (Inflation for March), outlines how good food is getting more expensive but thanks to cheap gas and oil, we don’t really notice.

Self-Driving Cars Will Change Things, but not just in terms of technology and such, financially. The insurance world is still analyzing what this new technology is going to do to their bottom line. A well controlled piece of technology, instead of road raged humans? That equation should mean lower (if not missing) insurance premiums, shouldn’t it?

A Money Thought

Have more than you show, speak less than you know.

๐Ÿ‘‡ For more great financial articles from this week click here ๐Ÿ‘‡


Disabilities, Tax Time, The Queen and #MoneyStories

The CBC had an interesting story about a disabled person who had both legs removed, who had to re-file to keep their disability claim (effectively to prove their legs had not grown back). While this sounds horrible, it was most likely an admin error at the CRA, as normally they are pretty good on the disability claim side of things. The CBC however also trumpeted, Delay at CRA hurting disabled Canadians, advocates say, which is sensationalized, but has some ring of truth. The entire disability claim system is complicated and quite daunting for a lot of folks, if you want proof check out my article CRA Child Disability Benefit (How To) and the 160 comments on it from various folks asking for help. The article also talks about the private firms that folks engage to help the process that end up gouging their customers (in my opinion), which I outline in Disability Tax Credit: Please Do It Yourself. No one should be profiting on someone’s disability claim. I also agree with the assertion that the system needs to be made simpler for the average person to make a claim, or there needs to be more help for those folks. The CRA does have a Nurse on call that can help out with disability claims, if you tweet their account (so keep that in mind as well).

Sad to hear we have lost another great musician with the death of Prince this week. Remember folks, your hero age the same way you do. I never saw Prince live, but evidently it was something else.

The Queen at 90

The Queen and 3 generations of her children

Remember that your tax deadline is April 30th, and there is no extension planned by the CRA. You had your chance to have free Turbotax, although I have 5 licenses to give away, and only 3 comments on my giveaway post, who knows?

The Queen turns 90, and continues to work a withering (to me) schedule of events. I have problems getting to work in the morning, and this nonagenarian still works harder? I gotta step up my game, God Save the Queen!

My Writings for Week Ending April 22nd

Another week where I wasn’t overly motivated to write. I assume this is a short lull, so I continue to find older writings from my archive of over 220 unfinished posts, with A Personal Spending Surplus ? If you have a spending surplus, you should pay off debt, and then once that is done, you should save it, stop lifestyle creep!

A Money Thought

Time is the only limited resource in your financial plan, keep that in mind!

๐Ÿ‘‡ For more great financial articles from this week click here ๐Ÿ‘‡


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