Global index says MetroVancouver’s home prices are 65 per cent higher than they should be Canada has been ranked the world’s third most overvalued country in the world for real estate, at 56 per cent higher than it should be based on typical incomes, according to a global house price index by The Economist. Canada was beaten only by New Zealand and Australia in the rankings by the … Read More

One key thing that all people who have financial freedom have in common is that they live below their means. For example, Warren Buffet is worth 10’s of BILLIONS of dollars and he still lives in the same house he bought in 1958 for $31,500! Getting in the habit of living below your means is important. Here’s some tips on … Read More

So, you’re thirty. You’re not a kid anymore, you know how to act responsibly and your life is getting a lot more complicated. Getting married, having kids, moving up in your career, buying a home, all these things are in transition and it can be overwhelming. Don’t let the chaos of your life turn into chaos for your bank account. … Read More

You always hear advice from people advocating living below your means. Why, though? Living within your means doesn’t sound like it’ll get you in trouble, you’re not overspending. So why should you pretend you have less money that you actually do? Here are a few reasons why living below your means can make your life much easier: Debt Elimination – … Read More

If someone hasn’t been following Canada’s real estate market over the past year, the latest data from the Canadian Real Estate Association (CREA) may give the impression that not much has happened. After all, the average price of a home in Canada this July was $481,500, up just 1 per cent from 12 months ago, according to the monthly CREA … Read More