The unsung hero of wealth creation: Pay yourself first. One of the most powerful strategies for building wealth is to pay yourself first. What this means is taking your pay cheque and setting aside money for your future BEFORE you pay any bills. Of course, this can be difficult if you’re living from pay cheque
Today was another big day in the mortgage business. The finance minister announced some large changes to mortgages in Canada. A quick summary of those changes is as follows: 1. Non-owner-occupied properties must have a 20% down payment 2. Maximum financing on a refinance is 90% (instead of 95%) 3. Variable rate mortgage qualifications have
As Vancouver hosts the 2010 Olympic Winter Games, we are reminded of how fortunate we are to live in such a wonderful city. Apparently, The Economist magazine agrees. A recent study by the Economist Intelligence Unit (EIU), recently ranked Vancouver as the most liveable city on the planet for the second straight year. The study gives
