A snapshot of the US in numbers

303,824,640 is the total population

155,200,000 is the total labor force

$48,000 is the gross domestic product

20% of households have received practically all of the wage increases since 1975

$810 billion is the merchandise trade deficit

35.5% of Americans work in managerial, professional, and technical fields

24.8% of Americans work in sales and offices

22.6% of Americans work in manufacturing, extraction, transportation, and crafts

3.892 trillion kilo watt hours is the electricity consumption of the country

8.457 million barrels of oil are produced every day

20.68 million barrels of oil are consumed every day

$1.377 trillion is amount of exports per year

49.0% of this is in capital goods like transistors, aircraft, motor vehicle parts, computers, telecommunications equipment, etc.

21.4% is how much trading the US does with Canada, it’s largest trade partner

11.7% is how much trade the US does with Mexico

163.2 million is how many main telephone lines there are in the country

255 million is how many cell phones are in the country

14,947 is the number of airports in the US

4.06% of GDP is how much is spent on military expenditures

59,413,358 is the number of males age 16-49 fit for military service

59,187,183 is the number of females age 16-49 fit for military service

6,465,799 km is the total amount of roadways

2,255,964 km of which are unpaved

82.1% of the country speaks English

10.7% speak Spanish

51.3% consider themselves Protestant

23.9% would say they are Roman Catholic

67.1% of the country is between the ages of 15 and 64 years old

36.7 years is the median age

78.14 years is the total life expectancy in the US

81.13 years if you’re female

0.883% is the population growth rate

Individual Voluntary Arrangements

I came across an interesting website today about a process in the United Kingdom called Individual Voluntary Arrangements. They’re a debt solution and from what I can tell there isn’t really anything like it in Canada.
If you get a chance check it out the site. A few of the good bits are as follows:
What is [...]

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Mortgage rates on the rise again

That’s what the Montreal Gazette is saying today.
Apparently a new survey done this year shows that 1 in 5 Canadian homebuyers feel ok with their current debt levels – but another increase in interest rates could make things tough for a lot of Canadians.
The Canada Mortgage and Housing Corporation ended up surveying over 2,500 people [...]

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Site Redesign

If you’re one of our regular readers you’ve probably noticed that we’ve gotten a new look. We couldn’t be more excited about it as it’s going to be so much easier to navigate and find all those important tips and information you’ve come to expect from this site.
We can’t help but feel so thankful for [...]

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Help with Debt Now

We contributed an article to a great website called Help with Debt Now. The post is called, “7 Strange Ways to Save Money” and it can be found here. Have a look at the site if you get a chance.
There is information about credit cards, general money topics, family life, debt consolidation, bankruptcy, personal finance, [...]

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Does Cancelling Your Credit Card Have a Negative Effect on Your Credit Score?

The short answer is yes – cancelling a credit card can have a negative effect on your credit score.  Let us look into why this can happen.  Then we will explore reasons why you still might want to close that credit card account.
Erasing Good History
If you close a credit card account, even if you have [...]

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Business Week Reports February Home Resales in Canada is down 1.5%

The Canadian home resale numbers fell around 1.5 percent to 42,799 units last month which becomes the second straight decline. This is coming via an article from Business Week. The original data came from the Canadian Real Estate Association (CREA).
The biggested drop was in Vancouver. Surprise, surprise. I guess that’s what happens when your [...]

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No review for foreign ownership of Canadian companies?

The Montreal Gazette had an article about the already high levels of foreign ownership in the Canadian economy. Harper and crew are looking to open that up even further and allow companies like Rogers, Bell, and Telus to be acquired by larger telecommunications companies but we probably shouldn’t move so quickly into this without looking [...]

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CIBC’s Butterfield Investments… yikes!

CIBC’s investment in the Bank of N.T. Butterfield & Son might not be the best possible decision at this point in time. I have to agree with Moody’s on this one. Canadian Imperial Bank of Commerce said they’re going to inject $150 million (yes, that’s $150,000,000) into the Bermuda bank with ties to the big [...]

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Nursing site

A friend of mine pointed me in the direction of this great nursing website in Australia called NurseUncut.
It looks like they have a well used forum and there are also great articles. Here are a few that I noticed on the site today:

Did Bristol Palin make Teenage Pregnancy Cool?
5 Truths About Working Night Shifts
Nurses [...]

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About
CCPIT is a blog that was started by a husband and wife team from Windsor, Ontario to talk about their struggles with personal finances. Find information about the tips and tricks we used to get out of debt. We also like to keep a close eye on finance topics in Canada and abroad.