Having the normal expenses such as a mortgage, utilities, car lease, insurance, not to mention food, gas, and spending, the last thing you want to worry about is a credit card payment if you are already struggling to get by just by meeting your normal monthly financial responsibilities.  As you continue to use you card you will see not only the balance rise, but the minimum payment that goes along with it.  If you want to avoid putting a huge chunk of your income towards your credit card, you … [Read more...]

The Canadian dollar, otherwise known as the loonie is one of the world’s most respected currencies. The Canadian economy is stable and the country’s established democratic system of governance lends further credibility to the CAD as a ranking global currency. The CAD is heavily influenced by commodity prices, notably crude oil. The Canadian economy is reliant on its rich energy resources to fuel economic growth in the country. The IMF considers the CAD to be one of the top 5 most traded … [Read more...]

No matter which way you look at it, who you ask, or always hear “money does not buy everything”, well, it certainly does, and if you have it, good for you, but if you don’t, then you can feel the financial burden fall solely on your shoulders until you get the feeling of sinking deeper and deeper.  For the sake of you, your family, and your financial future, of which you can protect by striving for a few financial goals, and the timing could not be any more perfect than now. Get Out of Debt … [Read more...]

As you can notice it is almost the deadline to file this year’s tax return and I am already looking towards next year’s return.  This is the time of the year when you can be excited/nervous/anxious when it comes to filing your return because you can either be in for a big tax refund or a rude awakening when you see the negative, wondering how you are going to come up with an extra couple thousand dollars to cover your tax bill shortage.  So, what happened?  Well simply put, I did not pay enough … [Read more...]

Electric cars are taking over an increasingly large part of the auto market. People who buy them are often looking to "save the world" from itself. Do electric cars offer you the ability to make a meaningful impact on the world? Let's take a look at that question, along with the various pros and cons of owning an electric car. The Many Benefits of an Electric Car There are many benefits to owning an electric car. For example, they are a lot quieter and smoother to run than gasoline cars. A … [Read more...]