People tend to say the path to financial health is to pay off high interest debts, build an emergency fund, then invest. But once you…
Comments closedCategory: inflation
My friends keep telling me paying a mortgage is always better than paying rent because the money goes toward equity in the property. They say…
Comments closed
Can you explain how raising mortgage rates help the economy? Everywhere it seems prices are high now and I assume people are already stretched thin.…
Comments closed
What can I do, as an individual, to fight inflation? Inflation refers to a rise in the cost of goods and services. Inflation usually happens…
Comments closed
I see lots of comments about not leaving money sitting in your chequing account. People say put it into TFSA, RRSP, crypto or a bunch…
Comments closed
If everyone stopped buying stuff for a day, would that help stop inflation? Or does inflation just keep going forever? In practise getting everyone to…
Comments closed
In my mind inflation means over time things get more expensive, due to many factors. But what does it mean when there is a %…
Comments closed
This is the first time I’ve seen such high inflation in my life and I just can’t understand what happens when inflation comes back down.…
Comments closed