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Posts Tagged ‘Personal Finance’

Should Banks Have A Hand In Promoting Financial Literacy?

Should Banks Have A Hand In Promoting Financial Literacy?

The financial services industry takes a keen interest in promoting financial literacy as a do-good service for Canadians. November is Financial Literacy month, and the big banks and their PR machine are busy pushing out survey after survey explaining why Canadians are struggling to save. The situation is dire, according to many economists and financial…

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Addition By Subscription Subtraction

Anyone born before 1990 should remember Columbia House – the “world’s largest record club” – whose claim to fame was offering dirt-cheap music upfront to members who joined its mail-order subscription service. The company made billions by using something called ‘negative option billing’, a process by which the customer agrees to have goods or services…

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