Debt, Savings

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Interest rates are falling – what does that mean to YOU?

The Bank of Canada recently cut the key rate to 0.75% - but that's nothing to Denmark and Switzerland, where the key rate is actually negative(!) (that's right - you can buy a $1000 bond now, and be guaranteed that at the end of its term you will only get $990 back - at some point it makes more sense to keep your money in a shoebox under your bed!)So, what does that mean to YOU?

Choices, Financial Management

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Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are.

— James W Frick

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