Archive for November 2012
Why Taking A Career Break Can Be A Great Investment
Over the last couple of weeks I’ve been writing about traveling over the long term and experiencing the world at She Thinks I’m Cheap but I also wanted to bring a subset of this discussion to the readers at Boomer & Echo. Taking time off from your day-to-day routine for several weeks, months or even years isn’t just an…
Read MoreWhat If Your Tax Return Is Reassessed?
More taxpayers are receiving a Notice of Reassessment than ever before. A new tax assessment unit was set up last year that works from September to March to check for things that were missed in the first regular audit and compare returns to third party sources. This new group focuses on specific areas such as:…
Read MoreScotia Momentum Visa Infinite: Cash Back King In Canada
I’m always looking for ways to maximize my rewards and earn cash back for my everyday spending. Recently I’ve discovered that the best cash back credit card in Canada is the Scotia Momentum Visa Infinite. Here’s why: Many of the top cash back credit cards try to entice you with a bonus offer – whether…
Read MoreAre Children’s Extracurricular Activities Worth It?
12-year old Brittanie is supposed to be practicing her piano lessons. Instead she’s playing catch with the dog. “Play,” yells her mother, “I’m not paying 50 bucks a week for you to take piano if you’re not going to practice.” Sometimes parents feel like drill sergeants when their children loaf around instead of concentrating on…
Read MoreWhy We Aren’t In A Post PC World
Apple’s Steve Jobs proclaimed that we are entering the “Post-PC era” back in 2010. This refers to a time when a PC is no longer needed since everything can be done from a tablet connected to the Internet. Post-PC technologies include tablets, touch screens and cloud computing. Die hard Apple fans might agree with his…
Read MoreBest Financial Tip: Make More Money
Most people only dream about making more money, but in reality it’s easier than you think. You can make more money by getting a raise or a promotion at work, or by changing careers to a more lucrative field. You can also get a second job, or start your own business on the side. The…
Read More5 Common Myths About RRSPs
RRSPs have been around for several decades enabling investors to save for their retirement while deferring taxes paid. Everybody knows the rules by now – or do they? Here are some common myths and misconceptions about RRSPs. RRSP Myths Myth #1: You have to be over the age of 18 to contribute to an RRSP.…
Read MoreWhy I Became A DIY Investor
I haven’t always been a DIY investor. Like many Canadians, I started investing in mutual funds through a financial advisor at my bank. I was getting matching RRSP contributions from my employer, up to 2% of my salary each year, but in order to get the match I had to invest through a specific bank…
Read MoreHow To Save Money By Going Green
While big corporations and governments can have a big impact on the environment – for better or for worse – individual efforts to “go green” can add up too. Here’s how to save money by going green: Reducing Your Environmental Footprint You can reduce your environmental footprint and make the planet a cleaner, healthier place…
Read MoreFree Chequing Account Comparison
More and more, Canadians are exploring their options and seeking no-fee alternatives to traditional fee-based banking products. Sure, you can get a free chequing account at one of the big banks, but you’ll need to carry a high minimum balance or limit your transactions in order to waive the monthly fees. Related: Canadian Chequing Account Comparison…
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