Author Archives: olena

7 Ways to Pay Off Mortgage Sooner

7 ways to pay off mortgage sooner - womenandmoney.com

Paying off your home shouldn’t take a lifetime or 25-40 years like the original amortization you initially took upon. By planning ahead and sticking to the plan, you have the opportunity to pay your mortgage off sooner and become completely debt free.

Here are 7 ways to pay off mortgage sooner and decrease the amortization and interest costs off your mortgage:… Read More >

Posted in Blog, Saving Money | Comments closed

A senior’s letter to her bank – Elder Banking… Priceless!

Senior's letter to her bank Priceless! - womenandmoney.com

Due to the bank’s impersonal business practices and unnecessary fees, an elderly woman sent a hilarious revenge letter to her bank.

Shown below is the actual letter that the 86 year old woman sent to her bank. Elder banking… priceless!

Read More >

Posted in Blog, Personal Finance | Comments closed

Me Inc. – manage your money like a boss!

Me Inc. Manage your money like a boss - womenandmoney.com

You can be the boss! Every business must have a financial game plan. It’s the same in daily life.

No business would dream of entering a new year without some kind of financial game plan to give it an idea of how it’s been doing and where it wants to go.

Treat your personal finances like a business (Me Inc.) and manage your money like a boss! Me Inc. differs only in size and legal status. You, the sole proprietor, take in a certain amount of revenue and meet certain expenses out of it. If you’re organized, and prudent, you’ll … Read More >

Posted in Blog, Personal Finance | Comments closed

Should Kids Be Rewarded With Money?

Should kids be rewarded with money? - womenandmoney.com

Should kids be rewarded with money? This is a million dollar question. The Globe and Mail brought the familiar topic up in November. As I read the article I couldn’t help thinking about Pavlov and his famous experiments on conditioning behaviour. Money has been widely accepted as a positive reward, but how money influences human behaviour is a little more complex than ringing a bell to get a dog to salivate or getting kids to act in a certain way by waving a dollar bill in front of their noses.… Read More >

Posted in Blog, Kids and Money | Comments closed

Debt and Marriage – Lawfully Indebted Husband?

Debt and Marriage: Do you take me to be your lawfully indebted husband? - womenandmoney.comWould you turn down a marriage proposal if you found out your husband-to-be was heavily in debt?

If you say yes, then money is more important to you than love, right?

If you say no, then love is more important than money, right?

If you substitute the word money for debt would this change your answer?… Read More >

Posted in Blog, Women and Money | Comments closed

Five Money Myths

5 money myths women need to know - womenandmoney.com

It often surprises me how little some women know about the big picture of personal finance, and how little they care to think about it. Often, the domain of investments and long term financial planning is claimed by men, while women are happy to pass that off and instead focus on the immediate family budget of bill payments and household expenses. If this describes you, please read these common money myths every woman needs to know, and put more effort into taking care of yourself financially!… Read More >

Posted in Blog, Women and Money | Comments closed

Dollars and $ense: how to manage your money

Dollars and Sense: how to manage your money - womenandmoney.com

Many people, especially women, don’t put the effort into managing their own money. We want to encourage you and offer some advice on how to manage your money for yourself, to gain control of your financial life and confidence in your future.… Read More >

Posted in Blog, Personal Finance | Comments closed

Before Shopping Consider Stopping

Before Shopping Consider Stopping - womenandmoney.comShop till you drop

Shopping has become one of the worlds’ favourite pastimes but is also a huge contributor to debt and financial difficulty. Fortunes are spent, unneeded items are bought, and cash registers continue to ring. Consumers seem to have an unquenchable desire for more things. When one credit card is at its limit, another account is opened. What is more, advertisers fill the media with attractive items, special discounts and catchy slogans. It is no wonder that personal debt is growing out of control and savings accounts are empty. Something must be done and good news. You have … Read More >

Posted in Blog, Saving Money | Comments closed