Browsing Category Financial Advice

It is an exciting idea to even think of your new home and the idea of relocating. The general attitude towards relocation is the word ‘tedious’. This is not true in all cases and with some simple planning and systematic way of packing up will ensure a smooth relocation for you. There will be tons of questions that could cloud you about sorting packing and moving. It is a new chapter of your life that will unfold and we will doll out some amazing tips for you to prep well. 1. A bag of essentials This is the first and foremost ...

Businesses of all types continually are seeking ways in which they can reduce costs. If you are a business owner of manager, you likely are involved in this process. A strategy you can employ to reduce costs for your business is to utilize customer relations management software for your enterprise. CRM software can assist in the reduction of operation costs in six primary ways. These are: provide a comprehensive solution shared electronic access automated reporting targeted email list protocols user-friendly communication portal plan consumer relations-related tasks 1. Comprehensive Solution Another way in which CRM software, like that from Ixact Contact, can reduce ...

Sometimes there are situations in life where you want to increase your cash flow. These can include an emergency, a desire to continue your education or renovate your home, or make a big purchase such as more real estate or a vehicle. Loans or lines of credits are popular options but sometimes the interest rates on these are not favourable or lenders may not be able to provide the amount that you need. As a result, some homeowners choose instead to take out a second mortgage on their homes. This consist of borrowing against the equity of your home, providing you ...

Bankruptcy is not an anomaly. It happens all the time to hard working Canadians who have been victims of circumstance. In fact, in 2016, more than 125,000 Canadians have been subjected to hard times, whether it was because they were inflicted with Mephistophelean consumerism or they lost a job and relied on credit to get by. Let’s be honest: bankruptcy is never easy. No one will argue this fact. It is a bitter, heart wrenching, and arduous process that can make you feel as tiny as a bug. One way to ensure you’re not going through this stressful affair alone is by ...

How to Make Passive Income? Passive income opportunities require very little engagement from the person who is earning the income. When you're equipped with the knowledge of how to successfully produce passive income, you have the key to financial freedom. The professionals at Entrepreneur advise that over time you can build a substantial income from pursuing passive income opportunities. With the ideas listed below, you could make passive income upto $100 a day! Forms of Passive Income According to Investopedia, the field of passive income is becoming broader with time. So, don't fret if you don't have a lot of money to invest ...

It is true that interest rates are going up as the Bank of Canada (BOC) begins to gradually normalizing the overnight rate. This means that the average depositor will notice better returns on their cash deposits, term accounts, and savings. However, when compared to the 1980s and 1990s, the returns are still pittance. You might be thinking that there must be some better way of getting your money to work for you without having to dip your toe into the Toronto Stock Exchange or the New York Stock Exchange. There is and it’s called guaranteed investment certificates, or GICs. By navigating the GIC ...