Auto Loading Your Loyalty Card is a Bad Idea
The danger of setting auto-loading your loyalty card is that if it is hacked or stolen (like Starbucks) you could lose a lot of money very fast.
Gas Dampens CPI for July
The CPI or Consumer Price Index for July 2015 was as usual, affected by the higher price of gasoline and such.
Rhinos Return, No Good Debt, Election Banter and #BestMoneyStories
I was tickled pink to see that my favourite party had returned, the Rhinoceros Party for this election. This party had a plank in their platform about damming the St. Lawrence River for Hydro-Electric power. In Pierre Elliot Trudeau’s riding, it ran another candidate with the name Pierre Trudeau (I got to vote in that election in that very riding). Their first plank for this election in their platform? Nationalize Tim Horton’s! Glad to see the return to common sense politics.
I was glad to see Steadyhand come out with the commentary Good Debt, Bad Debt which points out the alarming rise in Canadian debt. Tom Bradley’s commentaries about the Banks encouraging an already heavily in debt society that a concept of “Good Debt” distresses him, and I agree. With low-interest rates about to go away, what will happen when the rates go up? Thanks to reader @Gene2u for pointing this out. An excellent article.
The rest of the parties seem very excited about the Mike Duffy trial, except for Mr. Harper, who hopes we aren’t watching it. We’ve lost 1 or 2 candidates thanks to unfortunate tweets in their past (I guess I’ll never be running for public office) as well. That is about all that has been going on in the election.
Gas prices continue to drop, which is bound to screw up the CPI for the coming months, but with oil sitting at below $40 a barrel, it is about time that gas prices dropped. Is this doing any good for Canada? It depends on where you live. If you live in Alberta, NO!
Did you realize there are 77 Expiration Dates that you Should Track? Time Magazine has an interesting list for you.
My Writings for Week Ending August 21st
The summer is slowly coming to a close, and an entertaining fall lies ahead (with plenty of election shenanigans and tom-foolery):
- Before the dawn of oppressive bank fees my idea of having a bank account at whatever bank that was near my work was a great idea, however since high bank fees became the norm, A Great Financial Idea Dies.
- As if I really needed more reasons to espouse changing banks if you are being treated shabbily, however somehow I found More Reasons to Change Your Bank.
- Rob Carrick did mention in his piece in the Globe and Mail Nine castles that cost less than a Vancouver condo my RDSP: Banking Challenge Ignored, and no bank has taken me up on my challenge.
I am also mentioned in this fun article too:
Read More »Rhinos Return, No Good Debt, Election Banter and #BestMoneyStories
More Reasons to Change Banks
There are many reasons to change banks , and remember you are the customer and they should be giving you good service, for the huge fees paid.
A Great Financial Idea Dies
Back when the charges for using white ATMs or non-brand ATM machines cost too damn much.
