A lesson from Oshawa: Plan for the unexpected
Sometimes business practices hurt. Just ask the people who work for General Motors in Oshawa. Due to GM’s global restructuring, by the end of this year the Oshawa plant will close, leaving 2,500 employees out of work. And, in a ripple effect, an additional 15,000 jobs will be affected in the auto supply industry.  Some […]
Be prepared: save for a rainy day
One thing we do not spend enough time thinking about is putting money aside for emergencies. Most of us think we are immune to bad luck. That is part of human nature. Human nature or not, it is not very practical. Emergency funds, as part of your financial strategy, gives you a buffer when bad […]