Income Archive

  • Got a brand new shiny job? Watch out for these pitfalls.

    Posted on June 20, 2014 | No Comments
    Tweet Congratulations! You have a shiny new job and you’re going from making $10/hour (minimum wage in Ontario) to $40,000 a year! WOW! $40,000!!!!!! That is DOUBLE what you were making before. ($10/hour x 2000 hours a year = $20,000) But wait. Does this mean […]

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  • The Money Gap in Relationships: Where one partner earns more than the other

    Posted on August 27, 2012 | 17 Comments
    Tweet The “Money Gap” refers to the gap between the earning income between two partners. Generally (stereotypical but true), it is the man that earns more than the woman, sometimes it’s just a little bit more (no more than $5000 – $10,000) but other times […]

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  • The world is full of people making a good living, but living poor lives

    Posted on March 12, 2012 | 12 Comments
    Tweet When I first started out in personal finance, I didn’t understand why everyone kept emphasizing to cut back on daily expenses as the #1 rule to building wealth. I mean, isn’t having a large salary and making pots of money being wealthy? Look at […]

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  • Fighting our own battles

    Posted on August 19, 2011 | 18 Comments
    Tweet Helicopter parents are a big thing these days. What are Helicoper Parents, you ask? They are parents who hover over their children in all aspects of their life, always jumping in to fight their battles instead of letting them learn on their own. I […]

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  • Finally! A Canadian Net Worth Comparison Tool

    Posted on April 26, 2011 | 4 Comments
    Tweet I always find and use American ones, but it’s nice to find a Canadian one for a change. Read: Net worth by age or income: What should it be? This one is from Royal Bank Canada and it still doesn’t account for gender and/or […]

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