Tag: money

The penny is on the way out

The penny
The Canadian Penny

The Feds have decided to get rid of the penny.

Included in yesterday’s federal budget: 67 instead of 65 for OAS. Deficit gone by 2015. 19,000 federal jobs and the penny – gone.

The feds say they can save a ton of money by not making the penny anymore (ironic?).

Top five ways to tell the penny is on the way out.

#5. Nickels are nervous now.

#4. All the 1.99 stuff being rounded up to six bucks!

#3. People start offering you a dime for your next ten thoughts.

#2. More accordion playing monkeys and mid-day radio DJ’s looking for second jobs.

#1. Saw a nickel, picked it up – nothing.

And now it looks like the Americans want to follow suit…

Canadian Penny Killed: U.S. Opponents Of 1-Cent Coin Point To Canada As ‘Trail-Blazer’.

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How to spot a phony fifty dollar bill

Fiddy
The new Canadian Fiddy

The new plastic Canadian fifty dollar bills are out this week. Bad guys might take this opportunity to pass some phoney fifties around. Mike’s top five ways to spot a phony fifty dollar bill.

#5. You notice an unusual amount of chaffing around your dance thong.

#4. When you hold it up to a 40w bulb, it bursts into flames.

#3. After the guy gives it to you, he gets all frigidity and then runs outside screaming ‘you won’t take me alive coppers’!

#2. The word fifty is spelled f-i-d-d-y.

#1. The picture of the queen looks a little too much like Sir Robert Borden.

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Money saving tips for buying a new or used car

Here’s an article I posted on my Morning Show blog. Please comment below if you have anything to add.

Money saving tips for buying a new or used car…

Buying a new car is big deal. It’s probably the second largest purchase you’ll ever make. It will be well worth the effort to give the process some thoughtful consideration.

First, lets assume you’ve done your research and you’ve chosen the right vehicle (sounds like a no-brainer, it’s not). Here are five tips to help you save some money when buying a new or used car.

1. Cash or financing? Read more

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Is your #RRSP stressing you out?

A survey by the Royal Bank found that deciding what to do with your RRSP is as stressful as going to the dentist.

The Canadian Dental Association is really upset with this, saying their members have been working for 200 years at trying to scare the b’geepers outa people, and to have some upstart RRSP guy shoot to the front of the line just isn’t right!

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Worst ways to make some quick money

Your City property taxes are due Friday. So unless you have that sweet deal were your bank takes out a little every month, right now you’re probably scrounging to come up with a few thousand dollars by the end of the week. Mike’s top five worst ways to make some quick money.
#5a. Quickly find a rich old guy. Doesn’t always work out.
#5. Sell a few of your 80’s sweaters on Craig’s List. Tried it. Didn’t work.
#4. Click one of those ads that promise you can make $1,200 a day just using your home computer for a few hours a day in your spare time. Tried it.
#3. Setup a 1-900 line, so people can pay to hear your Shih Tzu bark their favourite Lady Gaga song. Didn’t work. Next time I’ll try Katy Perry songs.
#2. Try emailing and Facebooking everyone you know and asking them each for just a few bucks. Didn’t work. Even my mom unfriended me!
#1. Hasn’t worked yet, but I’m sure it will.. Buy tons of lottery tickets – increasing my odds dramatically. Really, ’75 in 15 million’ is much better than ‘1 in 15 million’.

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Bad financial advice

All this week on More Money, it’s Free Advice Week. We have tons of Free Financial advice that we are giving away free of charge. But, before we get started here are Mike’s top five signs the advice you’re getting might be bad financial advice.

#5. It involves saving $1.10 a day by getting ‘the combo’.

#4. It involves “clicking here”.

#3. Become a radio DJ to make it big and live the easy life.

#2. It involves getting two mediums instead of one large during Tim Hortons Roll Up The Rim campaign.

#1. If it involves you getting financial advice from a top five list on the radio.

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