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Showing posts from October, 2011

If it aint broke dont fix it! DAY 12 – Unsecured debt: 98.78% Hi-lo fund: 0.35 months

If it ain't broke don't fix it! ...but what if you aren't aware that it's broke.  They say knowledge is power, and I would agree 100% in my bible God warns in Hosea 4: 6 " My people are destroyed for lack of knowledge..." I think this is one of the biggest problems we face in our financial lives. Too many people are intimidated by finances so they just try and ignore them. The overwhelming amount of get rich quick strategy's and underwhelming amount of solid stewardship training that exist creates a intellectual vacuum and so people simply run a budget of, if there is money in the account spend it and if not use the credit card. I realize that's an over simplification but it unfortunately not far off. And that right there is my biggest motivation in life right now, empower people with financial knowledge so that they dont get their financial education from the school of hard-knocks. I personally have made enough mistakes and learned enough lesson

A long walk to freedom! DAY 1 – Unsecured debt: 100% Rainy day fund: 0 months

Hello, my name is David Whitrow and I’m a son, brother, Realtor, CMA, proud Canadian, Christian, rider fan, social conservative, hockey player and SLAVE! …say what… Slave? You heard me SLAVE, S-L-A-V-E, SLAAAAAVE How so you ask, well the Solomon put it best in the book of Proverbs: “The rich rules over the poor, and the borrower is the slave of the lender.” Proverbs 22:7 You see, slavery, as we commonly understand it, was abolished through out the entire British Empire in 1834 under the Bristish Parliament's Slavery Abolition Act effectively ending legal slavery in Canada at least until the 1920’s when a little thing called the credit card was invented. Mmmmm credit cards… I have had a love hate relationship with them since I first walked down that university corridor and some dude offered me a free T-shirt for filling out a silly little form, a few weeks later a little piece of plastic showed up at my door. To be honest, I tossed it aside and never reall