Housing

What is the Home Buyers’ Plan and Should You Pay it Off Early

You’ve decided to buy a home. Congratulations! Purchasing a home is one of the best long-term investments you can make. But wanting to buy a home and actually buying one are two separate things. In order to buy a home you’ll need to save up a down payment. Luckily, the government will give you a helping hand. The RRSP Home Buyers’ Plan helps first-time homebuyers achieve the dream of homeownership sooner. Let’s take a closer look at the Home Buyers Plan and whether you should pay it off early.   What is the Home Buyers’ Plan? The Home Buyers’ Plan…
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Frugality

Budgeting: A Necessary Evil

Budgeting: A Necessary Evil No matter what your income level is, odds are you will have to budget at least once in your life. Whether you’ve hit a rough patch financially, or you’re saving up for something like a house, budgeting is a vital skill, especially if you want to avoid repossession or bankruptcy.   But, many people who start out budgeting often take unnecessarily drastic steps to save money. This may include cutting out social occasions, trips away, or fun outings. Such an extreme approach can make your budgeting unsustainable and ineffective in the long-term. The best budget is…
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Career

Top Freelance Skills For Running An Online Business

If you want a thriving online business, then you need to invest in skills. The success of an online business depends on the skills your team has. Whether you are already in a digital business, or thinking to start one, we’ll give you the skills to work with. Think about other investments like day-trading in Forex. However much you trade, the numbers are against you. The success rate of an online trader is about 1%. But for an online business, the numbers are promising. With these skills, you will always be okay. You can decide to do freelance work for…
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Career

What You Need to Know Before Starting a Business

Starting a business is not a walk in the park for many. It is often not clear what to do and what not to do to start off your business from the ground up. You will need to get an entity structure in place, get the necessary registration and permits, and start off your business entity. Let’s look at that and many other things you need to know when starting a business in details. Deciding on the kind of entity to form There is a myriad of entities you can start. The kind of business entity to choose will depend…
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Personal Finance

Tips to Get Through Financial Hardship

Financial hardship can hit anytime, any place. You cannot plan for it, it just happens. Different situations can cause it,but the most common is job loss. While it’shard on anyone, it’s even more trying if you are already on a tight budget. How can you get through this? Here are a few tips that can help you take back control of your finances.   Find a Job Finding a job is easier said than done, but it is your top priority. Bring your resume to shops and industries in your region, search online, pass the word to friends, family and…
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Personal Finance

3 ways to make money alongside your day job

With the demands of modern life getting far too expensive for many, a lot of people are seeking additional ways to boost their income. In fact, 40% of people in the UK and 37% of people in America now have a ‘side hustle’ — a way to make money alongside their day job. There are a number of ways to do this, with options that are perfect for a range of career types and specialisms. If you’re interested in ways to make money while still earning a wage from your day to day career, consider the following ideas.   Go…
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