All posts by: Bridget Casey

About the author
Student debt killer, super saver, and stock market addict. BSc. in Chemistry from the University of Alberta, MBA in Finance from the University of Calgary, and PhD from the school of life in being a badass.

Digging Up My Ugly Financial Past

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If you follow me on Twitter, you may have caught me live-tweeting a Sunday night shred-fest of old documents. I’m pretty diligent at hanging on to things, particularly financial documents for the required 7 years (I’ve heard rumors that digital copies are now sufficient for record-keeping, so you don’t actually have to keep every receipt on file anymore). Since we’re into the second half of 2015, it seemed as good of a time as any to get rid of my financial docs from 2008. Man, that was a trip. Shredding old docs. Found an income tax return. I made $8,200 in 2006 😂 — Bridget Casey (@moneyaftergrad) August 31, 2015 In 2008 I was 22 and in my second year of university (I had taken 2 years off between high school and college, originally believing I would NEVER go to university. Naturally, this ensured I would end up with a graduate degree). […]

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If you’re tired of always losing, stop playing the game

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A few weeks ago, I shared how the economic downturn is affecting my city (and myself!). I was surprised by the number of commenters that are also from Calgary that agreed they’ve noticed the city seems more adversely affected than the news is reporting. One thing people keep complaining about here is the price of gas. Nevermind that literally tens of thousands of people are unemployed, gas expensive. Every day the price of oil seems to fall to all new lows, but the price at the pump stays the same or even increases. People are outraged. You can see it in the comments on every article published by a major newspaper about the price of oil or the recession: “Oil falls 60% but I’m still paying $1.25/L for gas??!” followed by some complaints about the NDP or Prime Minister Harper, depending on their political leanings. Holy shit, people. Why do […]

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Your Gifting Circle is a Pyramid Scheme

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I was at a party last weekend where I learned about a money scam that rivals even Amway in deception and insanity, providing both a smoother pitch and bigger promises. I would list mocking MLMs within the top 10 of my favorite personal finance activities, but this new one takes the cake. It’s one thing to tell people they can earn a few hundred dollars a month selling toiletries to their friends and family, it’s quite another to promise a $40,000 payout. You read that right: $40,000 As soon as I heard that number I knew I was going to be told something ludicrous, and my friend delivered: it’s called a Gifting Circle. What is a Gifting Circle? A Gifting Circle is a clever way of sugar-coating the words “pyramid scheme”. It’s an elaborate, expensive scam that primarily targets women: gifting circles induct women into the group for a specific amount […]

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Diversify Your Personal Finance Skill Set

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With so many 2015 graduates still blinking their eyes in the stinging light of the real world (my MBA classmates included), it’s important to talk finances. Now that you’ve graduated, you are likely to live on your own or with roommates. You probably don’t rely on your parents to the same extent you did just a few years ago. You are balancing rent, student loans, and all of the other costs that your little life incurs. Maybe you have a good job, maybe you don’t. Whatever your financial situation, you’re learning that making money and spending it like a the grown-up you are, is complicated. It’s so complicated, in fact, that some grown-ups never get very good at it. As you know, debt is rampant wherever you look, and the average consumer bank account is a daily log of financial waste and the living of a financial life without much […]

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Surviving a Market Downturn

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Things are bad here. Like, really bad. I feel like the Canadian media is grossly under-reporting the real state of the economic downturn in Alberta because, peeps, it is BLEAK. My city whose streets were once paved in gold is quietly becoming a wasteland. No jobs, no money, tons of debt From the outside looking in, the numbers only tell half the story: over 11,000 group layoffs in the province so far, applications for Employment Insurance up over 30%,  etc. These numbers don’t reflect the thousands and thousands of contractors that work in the province who have simply seen their contracts “not renewed” or canceled, or those that don’t qualify for EI for one reason or another. But a few months or a year of joblessness wouldn’t hurt someone that has prepared for it. Too bad Albertans, particularly Calgarians, lead Canada when it comes to debt. The average Calgarian owes $27,712 in consumer debt — […]