Short answer: yes. This raises a few questions: Which debts should you pay first? How much more should you pay? What if you are having trouble finding any extra cash? Let’s examine some possibilities. Which debts should you pay first? Short...
By Lacey Filipich BEng(Hons) MAICD Cert Gov (NFP) Ah, those little pieces of plastic. I dimly remember a time in my childhood when there was a paper system for credit cards that involved taking an imprint with what looked and sounded like a machine designed to take...
Author’s note: This article on what it’s like to going bankrupt is one of our most widely read and shared. Probably because most commentary on bankruptcy is about the maths rather than the aspect this article covers – the emotional impact. At over 2,500 words...
By Lacey Filipich, BEng(Hons), MAICD In last week’s post, I expounded on my theories about how Monopoly (the board game) is like real life property investing. In the interest of balance, I’m following up with this post about the ways in which Monopoly is NOT like real...
By Lacey Filipich, BEng(Hons), MAICD Monopoly and real life? Monopoly? Really? Yes, I’m not talking about what Microsoft had in the 90’s, I’m talking about the board game we all know and love. Monopoly began life around 1903, originally (and quite aptly) named ‘The...