How to Take Control of Your Debts

Determine Who You Owe Money to and How Much You Owe Them
To do this, you need to make a list of all your debts and include information such as the creditor, the total debt amount, monthly payment, and the date the debt is due. A credit report could help in confirming the debts listed. When you see all the debts you have, you could realize how important it is to pay them and be more aware of making one.
It is crucial to check this list every period especially during the time your bills are near their due date. It is advisable to update this list for a couple of months since the amount of debt could change.
Pay Bills …

T-Shirt Business

Starting A Home Based T-Shirt Business

At this time when many people are being entrepreneurial, the competition seems tough, especially in the hoodies business. Many factors also like location, manpower, and operation costs put pressure on the success of the business and that can either hinder or unlock creative ideas.
But if you are uncertain of the path you are seeking, you can start your business at home and from there, you can decide whether to progress forward. To help you with that, here are some steps on how to start a home-based t-shirt business.
Create designs for your t-shirts.
This is the very…

Top Places to Live in Canada

Oakville, Ontario
Rank: 15th
Population: 209,039
Average Household Income: $112,207
Average Household Income Value: $1,742,036
Estimated Rate of Unemployment: 5.7%
Crime Rate Per 100,000  2,133
Family Doctors per 100,000: 91
Lacombe, Alberta
Rank: 299th
Population: 13,906
Average Household Income: $97,800
Average Household Income Value: $754,291
Estimated Rate of Unemployment: 4.9%
Crime Rate Per 100,000: 7,932
Family Doctors per 100,000: 99
Saint-Bruno-de-Montarville, Quebec
Rank: 6th
Population: 27,171…

Making the Most Out of an Insurance Payout for Young Families

Katie and Tom, a young couple, recently got a payout from a critical illness insurance policy of $200,000. They want to know how to spend and where to invest this amount.
If you are like Katie and Tom who want to improve your finances from an insurance payout, you can consider yourselves fortunate. This amount of money is ideal to boost investment plans. Though there are many other factors to look at, here are some ways how you can prioritize.
First, you can pay off your debts such as credit card debts since these could have interest rates. This is a good investment since you can save as much as 20% in paying interest. Second…

A Guide to Tax Credits and Rebates for Homeowners

New Home Benefits
You can get the homebuyers’ tax credit if you just purchased a house and have not owned a house in the past 4 years. On line 369 of your tax form, fill it out with the amount of $5,000, and you will receive a 15% credit.
Tax Load Reduction of $750
Getting your house an ecoENERGRY assessment by a certified energy advisor before doing any renovation is recommended. The total costs before and after the audits can be about $1,000. However, this can be reimbursed from the provincial rebates.
Rebates of up to $500
Depending on where you live, cash in on rebates may have:

Things You Need to Know Before Renovating Your Home

Investing in a Key Lockbox
It is recommended to get a key lock box if the renovations are done before you move in the house and you live somewhere far. For renovation projects that are too large or complicated, you will need to get a contractor. Contractors start working early, so for you not to rush in traffic early in the morning to let the contractors in, you can put a lockbox or any smart door device that will give access to people by using a code. This can save you a lot of time and effort.
Spending Some Time in the House
Spending some time in the space can help you decide on the lighting, interiors, and paint…

Family-Friendly Places in Canada

The Nation, Ontario
Average Monthy Cost of Daycare: $868
Percentage of Families with Children: 46.7%
Percentage of Children under 15 years old: 20.9%
Russell, Ontario
Average Monthly Cost of Daycare: $1,109
Percentage of Families with Children: 50.7%
Percentage of Children under 15 years old: 20.6%
Ottawa, Ontario
Average Monthly Cost of Daycare: $1,109
Percentage of Families with Children: 44.9%
Percentage of Children under 15 years old: 17.7%
Lévis, Quebec
Average Monthly Cost of Daycare: $183
Percentage of Families with Children: …

Effective Strategies for First-Time Homebuyers

Getting a genuine pre-approval
Many homebuyers shop using a pre-approval provided by an online calculator. A genuine pre-approval is a process requiring great detail of a promising lender. The pre-approval will be based on the nature of the down payment, income,  credit score among many other considerations. It is recommended to go in great detail to your lender so that they will know if the property is right for you.
Determining the figures
Most likely, first-time homebuyers will make minimal down payments. Nevertheless, this should not be a reason to stretch too thinly in purchasing a house. They cannot risk …

Self-Director Mistakes and How to Deal with Them

Not Trying to Restore the Correct Balance
To be able to be on the right risk tolerance path, you need to restore the balance of your portfolio. You can buy or trade assets with the correct value so that you can return to your previous allocation. Many self-directed investors fail in doing this. One way to deal with this is to have a portfolio management tool so that you can automate some of the tasks such as restoring balance.
Timing the market
When stocks drop, some investors’ initial action would be to have their money in cash and wait for the markets if they are going to rebound or drop. This can be a …

How to Earn More During the COVID-19 Pandemic

Teaching English Classes Online
Due to the imposed quarantine and for safety reasons, many people are encouraged to stay home. Therefore, the demand for online jobs is increasing, and teaching English online is no exception. There are a lot of English teaching platforms online where you can teach children from different countries. For this work, it usually requires holding a Bachelor’s degree, passing an English test, and having your computer and a decent internet connection. Every hour, you can earn $15 to $24 right inside your house.
Freelancing
Unfortunately, many companies had no choice but to lay off some of…