Financial videos
Debt Trap (1 of 5) Canadians collectively owe $1,000,000,000,000+ of debt, almost 10 times that of 30 years ago.
- in the last 20 years bank profits up 900%. Half is of debt interests.
Debt Trap (2 of 5)- avg household consumer debt: $70,000 - $80,000.
- personal bankruptcies up 400% in 25 years.
- savings rate now an all time low of 0%.
- avg house price in 1978: $50,000+ (amortization: 15 years).
Debt Trap (3 of 5)- avg house price in 2008: $300,000+ (amortization: 25 or 30 years).
- avg wage increase 0% while cost of living up 200% to 300% in the last 30 years.
- "free trade" did not translate to a higher standard of living for all Canadians. Instead the rich got richer, the poor got poorer, and the middle class is struggling to stay afloat.
Debt Trap (4 of 5)- avg student loan debt $25,000+.
- politicans are pushing a U.S. style education system in which only the rich is able to afford higher education.
Debt Trap (5 of 5)- payday loan shops charge up to 3041% interests.
- over 60% interests is considered usury according to law
- federal government has not enforce the usury law against loan shops. 
Good Debt vs. Bad Debt: Do You Know The Difference?In this 15-minute segment, I identify the diffence b/t good debt and bad debt. I also discuss some factors that can harm your credit score, as well as practices to improve your score. Get your pens out! 
TEEN FINANCIAL LITERACYCall to action for financial education for Canadian teenagers. Broadcast on GLOBAL News (November 17) as part of Credit Education Week Canada 2008.
RSP's Eh!!Confused by all the RSP talk in the Canadian marketplace? Find out more about RSPs in Canada in under 4 minutes