In Part I of this series on claims made about Rent to Own, I covered the notion that you can make fast cash and don’t have to worry about tenant hassles. Today I’m going to tackle the next items involving protection from risk and finding tenant buyers for the deals. You’re protected by the deposit! […]
Rent to Own series – A reader responds
Shortly after I published the first article in my series on Rent to Own, a reader responded with a number of comments. There are some good questions embedded in this person’s response, so I have copied the comments in full (as received), in blue, with my responses in black. Please feel free to join in the […]
Claims about Rent to Own – What can you believe?
It looks like the hype about Rent to Own is back. Housing sales aren’t the only part of real estate that goes in cycles. Ten years ago, everyone was saying that Rent to Own was a scam. A few years later, it was all the rage in the world of real estate investing. Rent to Own […]
Why I told middle school students to fail more often
My daughter’s middle school recently invited me to address the students during their Me to We Day event. I was asked to speak on overcoming hardship and financial literacy. This is what I told them: “Today, I’m going to share with you a story about overcoming tragedy – it’s my own story – and two […]
Is a large insurance policy really enough?
One of the key messages in my book is that women need to familiarize themselves with their family’s finances. All of it – debts, investments, the works. Sure, we manage the bulk of the day-to-day stuff, but how conversant are we really with the investments that our spouse, or we, have? This topic came up […]
Financial Literacy Quiz – How do you fare?
At my book launch for Protect Your Purse, Shared Lessons For Women: Avoid Financial Messes, Stop Emotional Bankruptcies and Take Charge of Your Money, I gave attendees a financial literacy quiz with the promise of free books for the best and worst mark. Mostly, I wanted my friends and supporters to have fun with it, but […]
The #1 lesson I learned while dealing with $400,000 of debt
My new book Protect Your Purse, Shared Lessons for Women: Avoid Financial Messes, Stop Emotional Bankruptcies and Take Charge of Your Money has just been published! Here’s the funny thing about that: Five years ago, this blog started as a book project, thanks to my husband’s insistence that I share my financial lessons, and my story, […]
Does your financial advisor really ‘deserve’ to be paid?
Over the last year, I have been on a mission to interview as many financial advisors as possible, to get a sense of the range of approaches available. I know what the literature tells me is out there, but I wanted to experience it myself. My aim is to help break down the barriers to investing […]
Dear Globe and Mail: Where are the female experts?
Twenty minutes into the weekend edition of The Globe and Mail, I was seriously pissed off. As I made my way through the A-section, I came across an ad for a Globe Talks event that, at first blush, looked promising: Invest Like a Legend. Well, who wouldn’t want to do that? As an advocate of women’s […]
Are you worth life insurance?
I know, it’s a strange way to phrase a question. Shouldn’t I have asked, “Is it worth buying life insurance for yourself?” That would be grammatical – and miss my point. Someone I know, who is very familiar with my message of the importance of financial protection for women, recently disclosed to me that while […]
