Home renovations need to be planned with care. Here are some strategies for planning a remodeling project that makes financial sense: Decide your primary objective. If resale is your biggest concern, a minor kitchen update may enhance resale opportunities more than adding a home office. Decide how to finance the renovation. Other than cash, there are three basic options: refinancing, home-equity loans and home-improvement loans. If you have little or no equity in your home, lenders are... [read more]

Everyone wants to stretch their food dollars, and the grocery store is a great place to do it.  Here are some tips for savvier shopping: Don’t assume those items stacked at the end of the aisles – like sodas and chips – are on sale.  This is a trick to make them seem like they’re marked down.  More often than not, they’re marked at the regular price. Know that you pay for convenience.  Skinless chicken breasts cost more than those packaged... [read more]

If you, a family member or friend has started planning a wedding, then you know you can spend a lot of time planning that perfect day.  And you can spend a lot on that perfect day:  According to online sites such as www.costofwedding.com and www.weddingbells.ca, the average wedding costs $20,000 (not including rings and a honeymoon), and that amount increases significantly if you’re tying the knot in a major city like Manhattan or Toronto. If you want to keep wedding expenses... [read more]

Two men were competing in a tree-cutting championship.  One of the men was very ambitious and hardworking.  The other was not so ambitious or hardworking, but still very good at what he did. While the go-getter was chopping down every tree he could at the fastest pace possible, the other was cutting down trees methodically.  The hard worker toiled through the day.  He never took lunch.  As for his rival, he took an hour-long lunch, then resumed the race. In the... [read more]