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Financial Management

Would You Want To Know Your Anonymous Benefactor

There was a nice story published today about a person who needed money for an expensive medical procedure and first tried to raise the fund through crowdfunding on a site called http://www.youcaring.com. In a surprising twist, it was mentioned in this article at http://ottawacitizen.com/news/local-news/donors-128000-gift-offers-new-hope-to-kanata-woman-with-fatal-disorder that an anonymous benefactor had read her story and decided to

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Financial Management

Being Overly Generous

I was reading an interesting article today at http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/how-wealthy-families-blow-their-assets/article18482511/ which essentially talked about some key reasons on why wealthy families eventually lose all of their wealth. Based on this article, it says that one of the key culprits to losing everything is being too generous in giving one’s fortune to others. Kind of a complete

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Financial Management

Having To Financially Explain Buying A No Name Brand

I thought this was kind of a cute where as you know kids can be picky eaters. In this scenario the child was going to put some maple syrup on his pancakes, but when he was given a no-name brand maple syrup he immediately mentioned that he didn’t like it. Keep in mind, he never

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Financial Management

What To Do With Deals That Don’t Interest You

I was forwarded one deal today that was supposed to be really good in terms of price. As you can see here, there was this pack of 24 Red Bull drink for about $30 and apparently it is supposed to be a great deal: I personally don’t drink this stuff and so when it comes

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Financial Management

Everyone Having An Opinion About Your Wealth

I was reading this interesting article today at http://www.washingtonpost.com/posteverything/wp/2014/07/08/this-is-what-happened-when-i-drove-my-mercedes-to-pick-up-food-stamps/ which essentially discussed how a couple who was financially well off all of a sudden found themselves in the unemployment line. A result, they had to get financial aid with things such as food stamps. As the title of the article implies, the fact that they

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Financial Management

Can Financial Issues Be As Simple As Your Social Circle?

This was kind of interesting as I heard a story where there was a person who was apparently in massive amounts of debt from the usual spending more money than one has scenario. He had an action plan to get out of debt that didn’t have to do so much with budgeting. Instead, it revolved

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