Virtually everyone dreads tax season and the inherent complexities which often accompany it. The process of doing one's taxes have become so difficult that many people hire professional accountants or tax specialists to take care of the procedure. However, taxes are somewhat different for self-employed individuals and whether they choose to do their taxes on their own or employ the services of a professional, it is still critical …
In this day and age, "work" has various meanings, depending on who is asked. Some people remain in the workforce as traditional employees, while others are self-employed. There are multiple forms of self-employment, but ultimately, self-employed individuals work for themselves, as opposed to working for another individual or corporation. A person who is self-employed may have various clients or customers, however, the success, or lack thereof, of their …
In current times, a healthy savings account is more important than ever. However, an alarming report from Zero Hedge affirms that nearly 50% of Canadians do not have more than $200 in savings. The awareness and ability to save money always comes in handy in case of a job layoff, medical emergency, or other financial expense that may appear at a moment's notice. This is why an overall …
Are you being your own best adviser? If you are then you have to be one of many proactive Canadians asking yourself just what your doing on a daily basis to help your income become larger ? Also, you might be dedicated on researching ways to gain higher interest on your savings at your bank. Developing some new money habits is important when you are attempting to transform …
Yes, you can improve your finances in as little as a day when you apply the right strategies, but it all starts with YOU! If you take a little bit of time everyday to go over your finances and plan you'll begin to make progress. It might involve removing debt a little bit at a time or it might involve making progress toward a future goal. In just …
We would all like to think we are good at managing money, but unfortunately--many of us are not! Good money management is a process, it's not something you are just good at. Now, even if you want to become proactive and become a good money manager, you're going to have to do more than just read a bunch of articles. You have to be willing to take accountability …
Learning how to go broke is an odd topic, isn't it? Well, we felt it was a smart one too. It's important what NOT TO DO if you don't want to go broke. Too many people today keep making the same financial mistakes over and over again. The same excuses are used. Canadians claim to have no time to budget, and no time or money to purchase software …
Life is demanding and stressful. For many Canadian families there is constant worry or some form of anxiety lurking. Sometimes it comes from simply feeling like you’re trying to do it all. And sometimes life is just difficult period. Natural leaders have discovered ways to manage stress and maintain their composure in order to stay ahead of the game. Canadian professionals who can learn how to overcome personal …
Finances can be confusing to many young
Canadians across British Columbia
--and stressful, I know this personally. It is never easy admitting mistakes we might have made in the past, especially when it comes to your money and spending--but it is the only way you can really transform for the better. Now, it is common to make money mistakes in your 20's and 30's, and even sometimes into …
You have to weigh what is going to give you the best return for your financial future. If you have a great job, good benefits, and an excess in funds, perhaps investing some of that excess is right for you. However, if you work a traditional job and have very little left over after bills and other necessities--saving that extra might be the smarter choice. 60% of Canadians …