Case Study: Block Heater
On a frigid morning such as this in Ottawa, I smile and thank my mechanic for convincing me to put a block heater in my Honda. It cost me $75 installed, and then I… Read More »Case Study: Block Heater
On a frigid morning such as this in Ottawa, I smile and thank my mechanic for convincing me to put a block heater in my Honda. It cost me $75 installed, and then I… Read More »Case Study: Block Heater
Einstein doubling is the trick? Einstein did not “invent” the rule of 72, he merely observed it and made it popular, but still fun to think about eh?
Einstein may not have invented the rule of 72 but he did make it popular. A very useful heuristic to estimate compound interest growth.
Einstein once quipped that insanity is doing the same thing over and over and expecting different results, an idea that applies beautifully to your financial life. Whether it’s paying only the minimum on credit cards, letting lifestyle creep drain savings, or pretending debt will magically shrink, the truth is simple: unless your habits change, nothing else will. Using the concept of “Einstein finance,” this updated reflection highlights how Canadians can rethink debt, understand the Rule of 72, and escape the cycle of repeating the same financial mistakes. A smart, humorous nudge toward actually changing what isn’t working.
Yup, that happy time in the Christian calendar when we can choose to change ourselves for the better. We can remove something we know we shouldn’t be doing, remove something we like doing to show… Read More »Sunday Thought: Lent is coming