Tag Archives for " finance "

A client of ours wrote to us complaining about the complexity of arranging a mortgage for his new home.  It’s true–mortgage financing today is a disappointingly complicated minefield. His situation was made more complex because he was unable to sell his home in a small eastern Ontario town so he kept it as a rental […]

Ever wonder how retailers offer clients those “don’t pay a cent events” until sometime next year? Man, they must starve.  Well, not quite. Once they’ve sold you, say, $5,000 worth of new furniture, and gotten your signature on a piece of paper (which, by the way, if you bother to read the fine print, allows […]

Why do most partnerships fail? In my experience, it’s because— 1. no one is really in charge2. partners battle over unequal contributions either in terms of sweat equity (workload) or money3. the decision making process is ill-defined and takes too long4. one partner thinks the other one will take care of problems/seize opportunities when really […]