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Category Archives: Main Page
Australia’s looming problem: ‘interest only’ loans
ABC discusses the problem faced by many interest only loan holders as tighter lending standards bite, forcing some to higher payment P&I loans. Here is a direct video link. Meanwhile Australia has the second most indebted households–as a percentage of … Continue reading
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12 ways ‘dumb’ phones could be making our lives worse
Further to Time to kick the ‘dumb’ phone addiction, clinical psychologist and author of “Facehooked: How Facebook Affects Our Emotions, Relationships, and Lives,” Dr. Suzana E. Flores explains how smartphones cause friction and can contribute to relationship and mental health … Continue reading
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Is it helpful to help people into properties they can’t afford?
As shown in this chart, the median household income in Canada for ages 25 to 34 declined from 54K in 1976 to 49K in 2016 even as most families moved from one to two income earners. Meanwhile interest rates moved … Continue reading
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