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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Links Grow on Trees – Productivity Rules

Dilbert | Source: RobertBasil on FlickrLoyal readers have probably noticed that I disappeared for about three weeks after posting how I got married on a $5000 budget. I probably should have posted something on the blog, but I was very busy trying to achieve goals #2, 3 and 4 of my 9-week summer productivity challenge. Unfortunately, though I have successfully achieved all three goals, it came at the expense of blogging. The paper is in though, and the thesis is being reviewed by my supervisor, so now I can get back to business so to speak. I still have to defend my thesis in a few weeks time, but the big hurdle of getting it written is so nice to have out of the way. It has actually been really nice to be so productive the last little while. Its a great feeling when you can check things off a list because they are completed, and an even better feeling when you get to the bottom of the list and everything is done.

I want to thank those of you who came to visit Earth and Money during the vacation, and those who have come back since, particularly Modest Money, who I feel is like my personal cheerleader :D  Thanks to Abstract Aucklander and The Outlier Model for linking to my wedding wrap-up post in their weekly roundups. Much appreciated!

Here’s a look at what I’ve been reading in the blogosphere this week:;

Happy Weekend Everyone!!

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Going Green in Life Insurance

Stack of Paper | Source: striatic on FlickrIf you’re looking for businesses that are strong candidates to go green, you might put the life insurance industry near the top of the list. With no physical product being produced, what is there to consume? You might be surprised.

The amount of driving, the number of couriers, and the stacks of paper needed to complete one sale is astounding. Every time someone buys life insurance and they fill out a hard copy of the application, the agent has to make a copy. It then has to be couriered off to the insurance wholesaler who takes another copy before sending the original file to the insurance company. If the selling agent is meeting with the client face to face then it adds another car to the road.

So what’s keeping the insurance industry from becoming better stewards of the environment? Motivation. Most insurers are fine with the status quo and don’t appreciate the savings of going green. Here are a few things that could help this industry go green.

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Community Bonds – A Primer

Holding Hands | Source: katerha on FlickrIs it possible to invest in a sustainable and ethical fashion that promotes environmental health and a better world without resorting to mutual funds, or some other packaged investment? With the advent of community bonds, it is.

What are Community Bonds?

Community bonds are just what they sound like – bonds issued by local, community organizations (either a non-profit or a co-operative) to local, community investors. The investment funds provide the organization with either money to pay down existing loans that they may have, or to provide start-up capital for a potential project. In exchange, the organization agrees to pay a fixed rate of return on the investment over a fixed term, and to repay the investment at the end of the term. In Canada, depending on whether or not the bond offering has been approved by the Provincial investment regulator, the bonds may be eligible to be held inside an RRSP or TFSA.

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Planning a Green Frugal Wedding for Less Than $5000

Bride and Groom | Source: mags20_eb on FlickrWell folks, its official…I’m married! The wedding was absolutely perfect! Perfect weather, perfect setting, perfect guests – perfect day! We couldn’t have asked for more. Oddly enough, my fiancee-now-wife and I planned almost identical surprises for each other during our vows. If that’s not made-to-be, then I don’t know what is.

Over the last few months, I’ve posted about some of the decisions we made regarding invitations, food, the venue, guests and dishware. Now that the wedding is done, and we’ve added up all the expenses, I’m going to break it down for you and show you how we threw a green wedding for 75 people for less than $5000. In actuality, our final amount is closer to $6000, but that’s only because we received a few financial gifts in the weeks leading up to the wedding, and so I decided to buy completely new wedding attire from head to toe, and we decided to stay in a bed and breakfast the night before and after the wedding. If not for the gifts, I would have worn a suit I already had and we would have slept at home and the wedding would have cost less than $5000.

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