House of The Week (WJS Video)

WSJ’s House of the Week, including a Mid-Century Modern Loft in Manhattan, a Caribbean Getaway in St. Lucia, a Kid Friendly Loft In Manhattan and a California Mountain Retreat. Via WSJ

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Debt: Be a Recipient of Interest Income, Not a Payer of It

One of the biggest causes of the financial crisis was debt: at personal, corporate and government levels. We all remember the 2008 stock crash and the corporate giants like AIG and Lehman Brothers that crashed and burned because of excess debt and leverage.

 The crisis was alleviated only by transferring corporate debt to governments – nowhere more so than in the United States. Here, late in 2011, it appears the crisis was never really licked. The can was merely kicked off into the future. Read Full by Jonathan Chevreau

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Debt Consolidation Ontario – How to Deal Smartly With Post Holiday Debt

TORONTO, ONTARIO, 

Debt Consolidation Time

It’s the New Year and the post-holiday credit card bills are starting to come in. If you are feeling financially stressed as a result of overindulgent giving, here are some tips for using debt consolidation as part of a smart debt management plan for a fresh start this new year.

Make a declutter list – List the creditors to which you owe money, how much and at what interest rate. The debt consolidation process begins by prioritizing each obligation according to the highest rate. Clean up credit card debt – If you have several cards, the next step in debt consolidation is  read full story via market wire WSJ -

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Pay debt or save? What a young couple should do

Like many young couples, after six years of marriage, Sara and Mike are ready to start a family. They would also like to buy a home and put aside money for the education of their future children, and for their own retirement. Yet they face many of the familiar obstacles that stand between young couples and those objectives: student loans, modest incomes and credit card debt. Full Story via Globe and Mail

Posted in Debt, Home Equity, Mortgage

The Top 10 Mistakes New Home Buyers Make

 

When Karen Somerville and her husband Alan Greenberg showed up for the pre-delivery inspection of their brand new luxury home in Ottawa they were horrified. Electricians, drywallers, plumbers and a variety of other tradespeople were still busy constructing their home and, despite assurances from the builder, the couple seriously doubted their $443,000 new build would be ready for possession in 14 days.  Read Full Store Via Money Sense

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Credit Card Debt. Do we Sell our House?

Answer Man. I’m an Oakville resident in my mid 40’s now, married with three young kids that keep me on the go 24-7. My husband and I purchased a new home in Oakville about five years ago that we enjoy very much. The home is very close to great schools and many outside activity programs for my children.

About 18 months ago my husband was phased out Continue reading

Posted in Business, Debt