Complex Financing

At some point, you may find yourself in need a little financial pick-me-up between paychecks. Emergency expenses can crop up at any time and when you are in need of quick cash, a payday loan can be a tempting offer. The true costs of a payday loan, however, are absolutely astounding and are usually swept under the rug by greedy lenders.  Needless to say,  a payday loan should be an absolute last resort.

Paydays loans are titled as such because one borrows cash with the promise to pay back the full amount plus interest on the next payday. There is an upside to payday loans, such as the ability to get a quick approval, access fast cash, and essentially all you really to initiate the process is a job and a bank account.

Read more…

If you’re a someone who carries a balance, credit card offer might be the least thing on your mind right now. Credit card offer, no matter how enticing and convenient it might seem, may be the most expensive loans made by banks, department stores, and gasoline companies for you.

Sometimes, no matter how hard you try not to give in to the temptation the credit card provides, material cravings can sometimes be more powerful than the will of the mind. No matter how hard you try to resist the convenience and leisure the credit cards offer, you cannot help but to indulge.

Read more…

Valentine’s Day is just around the corner, and in our current recession, consumers are not planning on putting Cupid on a budget this year. A recent National Retail Foundation poll found that shoppers plan to spend $103 on Valentine’s Day this year, up 50 cents from last year.

Is it possible to celebrate love and frugality this Valentine’s Day by showing without breaking your budget? We say YES!

Read more…

There are two main threats currently facing the Chinese economy, and to the chagrin of the country’s policymakers, the yuan is caught squarely in the middle.

China’s central bankers have long been accused of pursuing a policy deliberately aimed at weakening the yuan to help ensure the competitiveness of China’s exports in the global marketplace. Indeed, it was China’s ability to manufacture and market goods at cheaper rates than most other exporting nations that helped make China the world’s leading exporter.

One unintended side effect of this growth however, has been a rapid increase in domestic consumerism.

Read more…

Saving money on groceries, clothing, books and more is possible through the use of coupons.  If you’ve tried coupons in the past and were disappointed with the results – chances are you were relying on the coupons you find in your local newspaper.  There are a number of online sources for printing coupons to help you save money – and most of them can be combined with the coupons from your newspaper or store circulars for bonus savings.

The trick to saving money with coupons is to combine a coupon with a sale price item and to stockpile on items you use frequently when it is on sale and you have coupons for the items.  Here are a number of coupon websites you can visit to find and print coupons to begin your money saving journey:

• CouponBug.com – When you visit Coupon Bug you enter your zip code to find coupons specific to your area.  The coupons available for your location are displayed in categories so you can find the products you’re looking for.
• Coupons.com – You can search for coupons via location with coupons.com.  In addition to finding coupons, this site is a good resource for finding recipes.

Read more…

The RRSP deadline is getting closer and investors are rushing out to make their 2009contributions in time. With so many discount brokers out there, how do you know which discount broker is best for you? You can see our comparison of Discount Broker for RRSP and TFSA if you want a quick overview of your options. Below we’ll discuss what questions to ask which can help you with your decision.

Minimum Amount
Does the discount broker require a minimum amount before you can open an account? If so, how much is the requirement?

Read more…