If you are new to WhereDoesAllMyMoneyGo.com, every Friday I run a post called “A Lap Of The Blogs” which provides links to articles I found interesting and think that others may want to read for themselves. I also include some commentary on what’s going on in my personal life and a weekly “racing video” since my former life was in the auto-racing industry. The name “Lap of the Blogs” is in reference to “A Lap Of The Gods” which is an old video series which chronicled on-board footage of the world’s greatest F1 drivers lapping various racetracks from around the world.
There is a Lindt Chocolate Outlet store near my office so tomorrow I’m going with a friend to check it out. Apparently they have a lot of discounts and for a chocoholic this is music to my ears! I’ll write a bit about my experience next week… I remember I brought back over 20 different types of chocolates and chocolate bars on a trip to Switzerland a few years ago – ah, the memories! :)
From Around The Blogosphere
The Canadian Capitalist takes a look at a report on RESPs which highlights some interesting facts.
A lot of people talk about retiring early, but Canadian Dream: Free at 45 hosts an interview with someone who retired recently at the age of 44. Good read.
Michael James on Money isn’t a fan of pennies and normally refuses them when getting change for cash transactions. Personally I always toss them into the “take a penny, leave a penny” jar if there’s one around.
Canadian Financial DIY asserts that Pros will not automatically beat DIY investors.
Thicken My Wallet writes about the upcoming changes to income trust taxation and what it could mean for your distributions.
Million Dollar Journey has a list of celebrity chefs and how much they earn.
Four Pillars discusses that higher priced items can cost less over the long run than lower priced, and lower quality alternatives.
Ellen Roseman explains that many Canadians have walked out of a store due to lack of service. I fall into this camp as I regard customer service to be paramount if you want my money in most cases.
This Week’s Racing Video
If you ever watched Saturday morning cartoons, you know that the coyote can follow the road-runner off a cliff and just hang suspended until he reads a text book on gravity and then falls. I’ll just leave it at that and let you enjoy the video. :)