The Real Reasons Why You Are in Debt

The Real Reasons Why You Are in Debt The following is a guest post by blogger, economist and fan of this site Kostas Chiotis. Debt can feel like a never-ending, downward spiral. The fact that you’re in debt makes it…
The Mental Side of Debt

Tom Bradley recently responded to some questions from young homeowners about debt and it got me thinking about the mortgage paydown versus investing debate, again.  For us there will be an enormous amount of emotional well-being when we’re debt-free.  While…
A 50 year bond is bad news for investors

I haven’t been alive for 50 years.  I can’t imagine locking myself into an investment product for that long.  Apparently some Canadians, namely institutional investors don’t feel the same. According to one recent report, our government has successfully sold $1.5…
3 Golden Rules to Rid Yourself of Debt

3 Golden Rules to Rid Yourself of Debt Let’s face it, debt sucks. The idea of owing money to others, a financial obligation, doesn’t sit well with me.  I suspect if you’re reading this blogpost debt doesn’t sit well with…
My struggle with GDSR and TDSR

My struggle with GDSR and TDSR I’ve heard these terms thrown around by a few financial institutions from time to time.  Here is a quick look and my quick take on them:  Gross Debt Service Ratio (GDSR) – % income…

My view on debt The more I write about personal finance, investing and my financial independence journey, the more aware I become of this: I hate debt. But, it seems like an necessary evil to help get ahead. Let me…