Monty Loree: Right. For example when our business was – the glass company that I worked for, we had $120 million of debt at that point and I think the interest rates were 12%. So the company was paying out something like $600,000.00 a month in interest. The company could buy a lot of assets or they could do a lot with that kind of money. Anyway, that's good. It gives everybody a background on what you're doing and stuff. What is the subject you'd like to blog about the most?
Tom Drake: Lately it's been a lot of how you can save money or increase your income and again it's the stage I'm at right now in life, kind of flows into the writing. I'll probably be doing a lot more tax related stuff this month again. Anytime you can help someone else with the tax, anything like that. When they try to do it, it's good. I'm sure there's a lot of people that might be missing something that they can be claiming.
Monty Loree: What are some examples of how people can make more money? Are you talking to the employees or people who are self-employed or investors?
Tom Drake: Just little side things – anything from starting your own blog or selling on ebay, just little things. Not even as far as, say going out and getting a second job or how to get a raise. All that's probably more obvious, but the little things people may not be doing that they can make a few extra dollars here and there. Even if you're only making $50.00 more a month, that can pay a bill.
Monty Loree: Yes, absolutely. That's right, good point. Again I just want to say that I'm talking to Tom Drake and he's the author of canadianfinanceblog.com. Edmonton there – I made that mistake earlier, because Tom said to me, “Well at least you get together at 10AM MST.” MST? What is that? So you're definitely at Edmonton. Good. I saw you had a contest on your – just to mark the first anniversary on your blog?
Tom Drake: Yes, McGraw-Hill was kind enough to donate ten books to the contest and Pocket [Snip] is giving away three premium accounts for one year. To enter, all you have to do is leave a comment at the bottom of the post.
