Student Lines of Credit
Student lines of credit are another way for students to pay for the post-secondary education, if they cannot get grants or loans from the government.
Financial Daylight Savings
How would financial daylight savings actually work? It is an obtuse idea, just like daylight savings time. The day isn’t any longer.
Debt Limiting Idea
Big Cajun Man expresses concern over the high debt levels in Canada, which are fueled by cheap interest rates. He proposes a radical, but unlikely to be implemented, idea to slow the ‘tsunami of debt.’ The idea involves using erasable tattoos that say ‘Debtor’ on the back of a person’s hands in exchange for a 25% discount on loan interest rates. This tattoo would be a condition for receiving the loan and would be removed once the debt is repaid. The author acknowledges its potential to drive people towards alternate lenders.
Selective Financial Perception
Do you have selective Financial Perception where you are ignoring important things, because they might be hard to do?
Debt Won’t Just Disappear
Borrowing money to invest in the stock market and building debt carries far too many risks for most investors. Paying off debt would be a better investment.
