Tips For Dealing With a Bidding War
Getting your finances and facts straight can help you survive – or even thrive – during bidding wars for any home, but knowing yourself and working with a trusted realtor…
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Unboxing Your Credit Card Statement
Ignoring your credit card statement can cost you a lot more than you realize. These statements aren’t just an unwelcome reminder of how much you owe – they also tell…
Charitable Contributions Can Make a Difference – and Ease Your Tax Burden
Most people make charitable contributions because they want to make a difference, but they don’t realize how their tax burden may be lowered as a result. How and when you donate can result in a bigger gift for both you and your charity.
How to Read Your Credit Card Statement
Ignoring your credit card statement can cost you a lot more than you realize. These statements aren’t just an unwelcome reminder of how much you owe – they also tell you how much you’re paying in interest charges and how long it can take to pay it all back. They may feel daunting, but they really aren’t all that complicated.
For many Canadians, perhaps the most unpleasant piece of mail they receive is their monthly credit card statement.
They say bad news come in threes, and credit cards tend to come at least in pairs - according to monitoring agency Transunion, the average Canadian had an average of two credit cards during 2015, with an average credit card debt of almost $4,000.
Other figures from Abacus Data show that about half of Canadians say they pay their balances in full every month, which means there are still a lot of people who likely don’t look forward to seeing how much further they are in the hole.
What is Insurance and How Much Insurance is Enough
Insurance is an important element of financial planning, so it’s important to get the right balance of whether you have too much or too little.
Dividend Payments
In the simplest sense, dividend payment is money paid by the company from a portion of their profits to an investor/share holder. But let’s break it down further. The concept…
