You’ve taken Step 1 on the road to financial independence and put in place a savings plan, and next up is investments. Good work! Next you’ll need to make some choices about what to do with those precious dollars. Been watching the markets amid election pre-selection...
Last month, a reminder in my phone told me it was that time of year again: time to ask for a rate reduction on my mortgages (I have three). I got to work. Yesterday I got a call from the bank, telling me I’d received 0.25% drop on all rates. On my home alone,...
Once every six months or so, my husband brings up paying off a chunk of our mortgage in a lump sum and I argue in favour of the offset account. The discussion that ensues is a well-rehearsed dance: Me: “But if we pay off a lump sum, if we need that cash we’ll have to...
