The sound of crickets...

I went to pick up my son the day after the landmark NDP victory in Alberta. I was bursting to talk to someone to say "What do you think?" except no one said anything. I heard more about the snow than I did about the election. Although there were a few 'Hell has frozen over' jokes.


We're all waiting to see what will happen. And that's all we can do is wait. In the meantime here are a few good links to check out:

The danger of financial ignorance - "While men outperformed women on the finance quiz, greater numbers of women responded that they “don’t know,” a result that held true all over the world. The upshot is that women, more conscious of their limitations, are more likely to be interested in financial-education programs" Here

Don't raise the minimum wage. Fine tune it - "Maybe a solution can be found to sharpen the minimum wage tool. In the Netherlands, the minimum wage increases with the worker’s age. A 15-year-old must be paid a minimum of €2.89 an hour ($3.92, up to 36 hours a week). When the worker turns 16, it rises to €3.32. It notches higher by increments of about €0.50 to €1.50 an hour until it peaks at €9.63 for a 23-year-old worker." Here

Stay tuned here on Alberta and the NDP election...

How Fast Do You Burn Money?

My statement from Mackenzie Financial Corporation came today no big shocks or surprises this time but I did get a little pleasure from a link on the Mackenzie site.

Burn Rate shows how Canadians are burning through their hard earned post-tax dollars. The Denialers "a family of four that spends like fourteen" who are "experts at convincing themselves that their financial affairs are in fantastic shape" are indicative of how many families sometimes have everything - except a financial plan.

It's a good link to spend to someone who may need need a little nudge to think about their finances.

Don't miss the Burn Rater Spending Test that will tell you how much of an over spender you are.