Money Archives - Page 52 of 55 - The Outlier Model

Making money is easy

Brian / August 2nd, 2011 / 4 Comments

“I would really like to do that, but I don’t have enough money.” Sound familiar? There is an engrained sense of self pity in our society when it comes to making money (namely that what we earn is never good enough). Traditional thinking is to believe that our ‘day job’ should pay us enough money to afford the lifestyle that we want. In a changing world, those that think...

Posted in: Career and Work, Money, Philosophy Tagged with: alternative income, creativity, finding a job, making more money

Investment update 2011

Online trading platform, Investment update, investment, stock exchange

Brian / July 21st, 2011 / 2 Comments

We spend a lot of time on this site talking about being frugal. Spending less than you earn. Breaking convention and making sacrifices those around you are not prepared to make. Well, all that is important, but what do you do with all of that money you’re saving? We’ve already talked about Real Estate, and we’re well on our way to being successful landlords. In the past three months,...

Posted in: Money Tagged with: dividends, finance, investing, RRIF, RRSP, Shaw Communications, stock market, Sunlife Financial, TFSA, unregistered account

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

My $1000 back to school budget

back to school budget, budget for college, budgeting

CF / May 18th, 2011 / 2 Comments

So I’ve been a little busy the last few weeks and neglecting the blog! One excuse – I’m back at the university full time to finish up the last year of my 2nd degree program. Going back to school without going back into debt meant massive savings and massive budgeting. Currently, I have enough saved to pay for tuition plus the next two months of living expenses. I have enough guaranteed...

Posted in: Money Tagged with: $1000, budget, debt, money, school, university