Seven Reasons for Renting over Buying

House | Source: Noa_Schek on FlickrYesterday, I was in my local public library, and I picked up a magazine focused on the local  real estate market. One of the articles was written by a couple who had recently sold their house in the city and started renting again. They claim that life has never been better. I devoured the rest of the article with rapt attention. I’ve been renting in the city for years now, ever since I moved here, as the Toronto housing market just seems unattainably expensive. But I’ve always had that nagging itch to buy and to own, to not have to deal with irresponsible landlords and leases. The article, though, reminded me of a lot of the good reasons to rent…
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Are We an Impatient Society?

Impatience | Source: snapshot19 on FlickrFirstly, many apologies to those who checked in this week and didn’t find a new post on Monday or Tuesday – it was partly due to the long weekend and partly due to the busyness of life. In fact, life seems so busy that I’m beginning to wonder if its negatively affecting me.  I’m usually an exceedingly patient person – I’ve been told as much by many of my friends and family. But these days, it seems like my patience is waning. Is it a side-effect of life, or are we just becoming a less patient, more impersonal, rush-rush society? I’m not really sure but allow me to share a personal story to illustrate this…

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How NOT to Make a Financial Decision

Calculator Pieces | Source: Cellular Immunity on FlickrIn one of my favorite TV shows, How I Met Your Mother, Future Ted tells his future kids a piece of advice that his mother gave him as a child – “Nothing good happens after 2 AM”. Oh how true this is! When it comes to making financial decisions, it is imperative that you have a clear and focused mind. Given how hard we work for our money, a poorly made financial decision can come back to haunt us many times over. My own experience with this lesson happened on the weekend.

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