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Category: tips
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What Is ‘Net Worth’ and Why Should I Calculate Mine?
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Net worth is any asset owned minus any debt owed. Everything you own falls under “assets” and everything you owe falls under “liabilities”. So if you added up the value of your assets (everything you own: home, cars, savings accounts, investments, etc.) and subtracted the value of all of your liabilities (debts such as:…
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7 Easy Ways to Teach Kids Financial Literacy
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Money is a part of our everyday lives, yet there’s still a ton of stigma around it. Some think it’s rude or impolite to talk about finances. But with Canadian household debt hitting a record high of $1.92 billion last year… Perhaps not discussing finances has been partly responsible for getting us into…
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How I Saved Money By Avoiding Cash Registers For One Whole Year
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It’s no wonder the majority of Canadians find it hard to save money. Just about everywhere we go, we’re encouraged to spend. Everything is designed for you to “BUY! BUY! BUY!” and those four magical letters S-A-L-E suck us into purchasing stuff we really don’t need.
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Tax Tips to Make Your Accountant Fall in Love with You!
Show your accountant how much you care by following these tax tips that will melt their excel spreadsheets.