I was passed this video of an episode from the old cartoon Ducktales which revolved the concept of money inflation and how it could destroy an economy. I actually did watch this episode as a kid. Although, I don’t think I really grasped the concept too well back then. However, seeing it today I just
Another thing that I noticed in the grocery store the other day in regards to those cereal prices I saw was how some items were deeply discounted where boxes of cereal for a particular brand would normally cost about $5 a box and that day they were selling them for about $2. Sure enough, I
There was a conversation today where a group of people were saying how dumping the credit card was the key to getting out of debt for them. As it turned out, every time they introduced the credit card back into their lives they ended up getting into some kind of debt. With that thought the
I was out getting a haircut today and the person who I regularly visit was telling me how she caves in most of the time when her kids ask for something. A specific example was how the older son got a computer after much nagging. Afterwards, the younger son whined that he wanted one too
I read a piece of news today where here in BC there is going to be a new tax system called the Harmonized sales tax that is going to be introduced next year. For those who live in BC you can read the announcement here: http://www2.news.gov.bc.ca/news_releases_2009-2013/2009PREM0017-000141.htm Essentially, right now we pay two types of taxes
Recently a person I knew went on a trip and for this he set aside about $3000 to splurge on the trip. While that is pretty normal to have a vacation funds, what I found interesting was that during the last few days of the trip he mentioned that he had quite a bit of