Latest posts by FIRECracker (see all)
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So apparently, we are now the single most viewed, most read, and most shared story in Canada.
If you have a few spare hours and want to cry yourself to sleep, go check out the comments section on that page. It just goes to show that the vast majority of Canadians don’t know a damned thing about money. And why would they? It’s not taught in schools (but latin is, so yay?), the Finance industry is deliberately trying to screw you, and the Boomers think they’re financial geniuses just because they happened to catch a decades long housing boom that’s about to run out of gas for us Millennials.
We’re blowing up on Reddit, Twitter, and even the Great Bearded One featured us once again on GreaterFool. But regular readers on this site know that the methods we talk about aren’t particularly crazy: Don’t Buy an Overpriced House, Invest using Index ETFs, and Rebalance When Your Asset Allocation Gets Out of Whack. Simple right?
Apparently not. We are living in a country of financial illiterates, and that’s OK. That’s not their fault. Nobody can get blamed for not knowing something if nobody ever showed them what it was. But that excuse is now gone. The whole country knows the truth. And that truth is:
Everything you’ve been told you have to do was made up.
You don’t have to do anything. You don’t have to buy a house with a giant mortgage, you don’t have to have 2.5 kids and a white picket fence, and you sure as Hell don’t have to work until you’re too old to enjoy life.
You can choose. You can choose to build the life you want.
Let’s do it together.
Update (Aug 17, 2016): our inbox is exploding with a TON of emails and interview requests. Thanks so much for all your support! We’re going through the massive pile and working on responding to everyone so please be patient.