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Building Wealth through Saving and Investing

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Weekend Reading - Jan 11, 2008

  • Patrick at Cash Money Life hosted this weeks Festival of Frugality.  MDJ submitted the guest post on how to save money when buying a car.  In addition, the article was selected as an editors choice!
  • Tim from Canadian Dream posted a very informative article on what happens if you don't plan for retirement.  The article explains the government benefits like CPP, OAS, and GIS.  A must read for all Canadians thinking about their retirement future. 
  • Here's an interesting "All Canadian Wealth Test".  The article basically indicates the average income,net worth and debt in Canada.  Great timing on the release of the article as I've had numerous requests from readers on how to know if they are on track in terms of income and net worth.  My finances are pretty transparent, so you know where I am, but where do you stand?
  • Raising a disabled child can not only be stressful emotionally, but financially as well.  To help relieve some of this financial burden, there are some Canadian programs that you can take advantage of.  Canadian Capitalist writes about the Registered Disability Savings Plan (RDSP) and  WhereDoesAllMyMoneyGo writes about The Henson Trust.
  • Frugal people, like me, love to shop at Walmart.  You get great prices for everyday brand name products.  Even though Walmart is great for the consumer, it can be not so great for their suppliers.  This story on "The Walmart You Don't Know" is an eye opening expose on what Walmart suppliers face to keep their business with Walmart.

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3 Comments, Comment or Ping

  1. Thanks for the mention. Have a nice weekend!

  2. Thanks for the link! BTW - “package received” from Derek. Thanks for your help with that.

  3. 3. Patrick

    Great article for the FoF! Thanks for mentioning it. :)

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Paying Off Debts
Money and relationships
Simple Investing
Investing vs. paying off debts
Spending Green
Getting rid of your car
Saving Up
Dealing with gas price inflation
Buying A House
Using a builder’s preferred lender
Creating a Budget
Budgeting for fashionable clothes

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