Avoid Bill Payment Mistakes

Bill Payment Tips: Build Credit and Avoid Fees

How to Avoid Bill Payment Mistakes Bill payment tips are not something that we were taught at school. While learning to pay our personal and business bills, we made many mistakes by missing payments, incurring Late Payment Fees, and decreasing our credit scores. This video covers typical bill payment mistakes and how to avoid them. Read more

Measure Portfolio Return

How to Calculate Your Portfolio Return

How to Measure Your Portfolio Return We wanted to calculate and understand the return on Wealthsimple Portfolio vs. S&P 500 performance. First, we ran into a few issues understanding what exactly different return metrics mean. If you are just as confused, hopefully, this video can give you tools to understand your reports and compare your Read more

Home Equity Line of Credit

HELOC to Pay off Your Mortgage

HELOC Strategy to Pay Off Mortgage HELOC’s Strategy to pay off the mortgage faster seems like an intriguing idea where you can float the banks’ money. This method works with any revolving credit. It has many fancy names, like Velocity Banking or Accelerated Banking. It does work but carries so much complexity and risk that Read more

Leasing a Car

Car Lease

Car Lease BMW 3 Series vs. Mercedes C Class vs. Audi A4 2020 This is part 3 of our Car Lease Series. In this video, we will use the same principles of Car Lease calculation to compare three very similar cars. This is a good video for those new to car shopping and unaware of how Read more

Invest in Stock Market

How to Invest $1000 in Stock Market

Invest $1000 in Stock Market: 3 Ways. If you want to invest $1000 after you have paid off high-interest debt and have an emergency fund, this video is for you. Overview Invest $1000 Prerequisites Investment Considerations Robot Advisors One Diversified ETF Build Your Portfolio Useful Links 💰Get $50 in FREE Trades💰 How to Value Stocks Read more

Car Lease Calculation Examples

Car Lease Payment Examples

Civic LX, Chevrolet Sonic, and BMW 740i Lease Payment Examples This is part 2 of our Car Lease Series. In this episode, you can follow us gathering the data that is available online on 3 different cars. We wanted to show you an example of a car that is leased well, a car that is Read more

Car Lease Payment Calculations

How to Calculate Car Lease Payment

Car Lease Payment Calculations This video is the first of 4, teaching you how to calculate car lease payments. 1% rule. Residual, MSD, Money Factor, Drive Off, Acquisition Fee. Those are all the terms that go into the monthly payment of your car lease. We had a few videos about car leasing and how it Read more

Refinancing a Mortgage

Refinancing Mortgage During Covid-19 The idea is simple you find a better interest rate than what you are paying, you refinance your mortgage with this lower debt, your monthly payment goes down, and perhaps total interest costs. There are two major pitfalls to this strategy: transaction costs and maintaining the same loan term. Overview Pitfalls Read more

True Cost of Owning a Home

Pay off Mortgage vs. Invest

Pay off Debt vs. Invest: Investor Mindset, Emotions, and Math There is a straightforward mathematical answer to this question, yet it is one of the most commonly debated topics. If you follow Dave Ramsey, he puts great emphasis on paying down the mortgage, but only after that you can start saving 15% and it works Read more

Rent vs. Buy Home Calculations

Rent vs. Buy Home The decision to buy or rent a home is not one to be taken lightly. It will affect your lifestyle and your savings. A home is one of the largest purchases most of us will make in our lifetime. It’s no wonder that the conversation around buying vs. renting a home Read more