Debt Crisis Simplified

January 4, 2013 Dan

There’s a lot of talk lately about the global debt crisis, especially most recently with the US averting going over their Fiscal Cliff by delaying the inevitable. I came across this recent short video that does a fantastic job of summing this whole debt crisis up with a bit of humour. I especially like the […]

Interest Rate vs. Interest Volume

January 2, 2013 Dan

I’ve often wondered why it is that even though the interest rate on a mortgage or loan might only be 5%, we still end up paying more than the original cost of the house in interest over the life of the mortgage. Where does the 5% come in? Have you ever looked at that and […]