Browsing Category Financial Advice

8 Most Common Types of Funding for Startups

Friday, April 30, 2021

Do you have a great idea for a startup? Do you think a particular business needs to be opened in your neighbourhood? Do you consider a new online venture to be a gamechanger in your industry? Whatever it is all about, now is the best opportunity to embark upon your entrepreneurial dreams, particularly from a financial point of view. Money has never been this cheap, and creditors are looking just to give their money away. Even if the idea of using credit to launch a business does not sound appealing, you should look at the many different ways of borrowing cash. You ...

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Top 10 Best Investment Options in Canada

Saturday, April 10, 2021

Are you a Canadian saving for your future retirement? You are not alone. For anyone looking to maximize their financial resources in the future, a series of risk-averse investments where your money is safe is recommended. There are several different investment options in Canada, some of which are pretty standard among Canadians. It’s important to know all your available options, how certain types of investments work in Canada, and common, tried-and-tested ways to protect your savings. Here are the ten best investment options in Canada, as we discuss each option in greater detail:View post

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4 Effective Ways to Maximize GIC Returns

Thursday, March 25, 2021

Guaranteed investment certificates (GICs) have always been a smart investment. While they may not offer returns as large as others such as stocks and bonds, they are safer, providing the investor with their original investment plus a little bit of interest depending on the term agreed to. While interest rates across the country are similar, there are still many steps you can take to maximize the return that you receive on your GIC once you cash out or the term ends. Below are some of the ways you can get the best GIC return possible. View post

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4 Tips to Get a Loan Approved For Your Business

Saturday, March 6, 2021

Bank loans involve stages of paperwork to finally get an approval. Issuance of loans are not limited to banks. There are several other financial institutions that can offer a certain loan amount to small business owners, usually within the range of $1000 to $300,000. View post

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How to Make Mortgage Payments On Time

Tuesday, March 2, 2021

Your mortgage is likely the biggest loan you will ever need to pay off. Staying committed to your mortgage payment plan is important for a number of reasons. Not only do you want to maintain a good credit rating with your mortgage lender, but you also want to avoid paying any late fees or penalties.View post

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6 Types of Financial Frauds in the Business World

Thursday, February 25, 2021

Financial fraud involves the use of misleading, unfair, deceptive and false business practices to trick innocent civilians. College students and senior citizens are often targeted by fraudsters, but no one is safe. During the COVID-19 pandemic, financial frauds have been on the rise due to fear or financial need. View post

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