sacrifices Archives - The Outlier Model

Being poor in North America

poor in North America, poor sector, middle class, status in life, frugal living

CF / October 24th, 2012 / 60 Comments

I was introduced recently to an article by John Scalzi on being poor. If you have not read it yet, go and read it because my comments will make little sense otherwise. (Then come back and continue reading this blog!) Photo Credit: D Sharon Pruitt via Flickr As I read the article, two things struck me. First, I felt a bit uncomfortable. I do a lot of the things on his list of statements and...

Posted in: Philosophy Tagged with: being poor in america, define poor, poverty in america, poverty rate, sacrifices

Paying off my student loans

student loans, paying off student loans, debt freedom, paying off debt

Brian / June 3rd, 2011 / No Comments

According to Statistics Canada, over half of Canadian students graduate from post secondary education with an outstanding government student loan. As you know, CF graduated with a large student loan, while I owed less to the government but more to my parents. On average, we had as much debt as everyone else. Not very appetizing for a couple who prides themselves on being different! Photo Credit:...

Posted in: Credit and Debt, Money Tagged with: compound interest, debt reduction, debt snowball, paying off debt, provincial loan vs. federal loan, sacrifices, student loans