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Thursday, January 9th, 2020

Handle lines of credit with care

Give people enough line of credit and they’ll hang themselves with debt. The bad boy of borrowing products – that’s the line of credit. Recently, the federal government asked the banks to stop blithely handing out home-equity credit lines to people. In his new book The Wealthy Barber Returns, David Chilton writes that credit lines can […]


The list of detractors of reverse mortgage has another name added to it: David Chilton, otherwise known as ‘the wealthy barber’, after the title of this famous book on personal finance. At a speaking engagement Thursday night in Scarborough, Ont., Chilton discussed various mistakes people make while managing their financial affairs. Taking out reverse mortgage, […]

10 ways to be a better saver and investor

By Alison Griffiths Happy birthday Moneyville! For the past year, it has been chock-a-block with practical ideas for saving money and spending wisely. For me, one of the best aspects to Moneyville’s first year has been the tremendous response from you readers with your own financial suggestions and experiences. In keeping with Moneyville’s theme of […]

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