Archive for October 2012
Give Your Money Time To Grow
Try this question out on your friends – or your children. If you were to choose to get either $1,000 a day for 30 days or a penny on the first day and then double your money every day for 30 days, which would you choose? Most people will begin to silently add up the…
Read More5 Things To Consider When Choosing Travel Insurance
As Canadians, we have a health care system that allows us to get the treatment we need, almost anywhere. However, in some cases our health coverage doesn’t apply across the border. If you are heading south, whether it’s for the winter in a milder climate, or a quick shopping trip, it’s important to consider travel…
Read MoreWhy Today’s Appliances Look Good, But Don’t Last
When we got married several decades ago I received the usual assortment of small appliances as wedding gifts. I remember those Harvest Gold appliances fondly, and they lasted a surprisingly long time. In fact I still own some. So why is it that the replacements have to be replaced again every couple of years? Suspiciously,…
Read MoreHow A Career Change Improved My Life
Whether we leave our job for more money, new opportunities, or to achieve better work-life balance, a career change can have a drastic effect on our lives. I thought I’d spend my entire career in the hospitality industry, but after series of events I ended up on a completely different path. Here’s why I made…
Read MoreWhy Electronic Banking Is Safe
Electronic banking has been around for quite a while in the form of the Automatic Banking Machine (ABM) and Internet Banking. No doubt, these technologies have made all of our lives easier. People who are used to brick and mortar banking, my parents for example, still don’t fully trust these methods of managing their money.…
Read MoreThe Many Forms Of Employee Theft
Everyone is shocked when corporate executives are led off to jail in handcuffs for employee theft and we shake our heads at the magnitude and greed when hearing of these scandals in the news. A decade ago Enron collapsed under the weight of a massive fraud that included faulty accounting and business practices. Small companies…
Read MorePros And Cons Of Going Short With Your Mortgage
Fixed or variable? Long or short? Whether you’re a buying your first home or renewing your mortgage, finding the right mortgage term can be a difficult decision. The majority of homeowners opt for a five-year fixed term as protection against future interest rate hikes. However, you’ll pay a premium for that peace of mind, both…
Read MoreWhy You Should Protect Your Earnings With Disability Insurance
Bill had barely passed his 28th birthday when he was severely injured in a debilitating accident. After recuperating from operations on his back and eyes he was still left with spinal damage, partial paralysis in one leg and partial blindness in one eye. He found it difficult to walk, stand, or sit for extended periods…
Read MoreBest No-Fee Cash Back Credit Cards In Canada
It’s nice to get cash back rewards on your credit card spending, but the top cash back credit cards come with an annual fee that can take a bite out of your earnings. If you’re not a big spender, the best option is a no-fee cash back credit card. Best No-Fee Cash Back Credit Cards…
Read MoreThe High Cost Of Childcare – How To Plan For It
As parents with young children will tell you, daycare is expensive. It’s especially costly if you have two small children who aren’t school age yet. As more and more families are dual income these days, young families need to know what options are available to them for childcare so they can manage their finances accordingly.…
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