Ask the Readers

Ask the Readers: What’s in Your Wallet?

By FT / October 27, 2012 /

The personal finance blog group, The Money Writers, came up with the idea of writing a post about the contents of a blogger’s wallet.  As it’s a regular occurrence for me to bare all (financially) on this blog, I agreed to play along as some of my readers may be curious as well. What’s my…

Read More

Ask the Readers: Is it possible to earn $90,000 in salary by age 30?

By FT / November 21, 2011 /

There is a debate on Canadian Money Forum about teens expectations of earning $90,000 per year by the age of 30. The debate stems from an article in the Moneyville and it appears the argument is fairly balanced.  Moneyville surveyed over 3,000 recent Canadian high school students, most of which were planning post secondary education,…

Read More

Ask the Readers: Can One Save Too Much Money?

By FT / June 6, 2011 /

A new thread on Canadian Money Forum involves a question that got me thinking –  “Can You Save Too Much Money?” which originated from a Globe Investor case study article.  In the case study, Lucinda has well paying job, she is a  big saver, and has a lucrative defined benefit pension.  A financial advisor crunched…

Read More

Ask the Readers: Living Paycheque to Paycheque?

By FT / September 17, 2010 /

I read a disturbing article in the Globe and Mail recently about how 59% of employed Canadians are living paycheque to paycheque.  What does that actually mean?  Simply that 6 out of 10 Canadians would be in financial trouble if their pay cheque was delayed by a week.  Yes… a week. Here is an excerpt…

Read More

Ask the Readers: Is Organic Food Worth it?

By FT / April 9, 2009 /

After watching The Meatrix (note the spelling), my wife has been on an organic food only tear.  For those of you unfamiliar with The Meatrix and not inclined to watch, it’s about how poorly factory farm animals are treated to mass feed humans.  Organic foods, on the other hand, have standards as to how animals/plants…

Read More

Ask the Readers: Advice during a Bear Market?

By FT / November 25, 2008 /

Jordan emailed me an interesting question regarding giving advice during a bear market that really hit home for me. What do you say to someone who has completely lost faith in this falling market? If they’ve lost their ever loving minds and now think there will be bank runs, CDIC insurance won’t work, and they…

Read More

Ask the Readers: How have higher gas prices affected you?

By FT / August 6, 2008 /

With higher gas prices being the norm these days, how have they affected your lifestyle?  Do you drive less? Have your driving habits changed? From where I live to my work place, there are very limited public transportation routes, so driving my car is pretty mandatory.  Even though I still drive every day, I practice…

Read More

Ask the Readers: What does Retirement Mean to You?

By FT / July 1, 2008 /

I apologize to those who are seeing this post for a second time. The first time it was released in error and was removed the same day. What does retirement mean to you? This is an interesting question that I think about often and I’m curious as to what it means to my readers. When…

Read More