One of the little known tricks that #Canadians can use is this thing called cash flow banking.
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It is the simple concept of combining all of your debt and savings into one product so that you have a lower daily interest expense but also retain the ability to use those funds in the future.
- Take a traditional mortgage, turn it into a line of credit, put your pay and expenses through this account and save interest (run the scenario analysis first).
-The concept is because you are paying daily interest on this line of credit which has monthly prepayments whereas a traditional mortgage has a set payment schedule where the funds are not re-accessible. 
-This causes people to hoard in a sense where they are forced to get usually lower returns on their cash savings relative to their debt costs.
-Check out the #podcast at:
http://tkdale.com/podcast and also on Apple Podcasts, Google Podcasts, Spotify and Stitcher
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