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Category: Tips for Money Management

Looking for a job

February 12, 2018

Are you looking for a job?  What sector are you looking in?  How much money do you need to earn to maintain your lifestyle?  How much can you anticipate your income changing relative to living costs? These are all important questions for people of all ages, especially those completing college and university educations, to contemplate.  […]

Deceased bankrupts (dead people can go bankrupt)

February 8, 2018

Yes, dead people can go bankrupt. A deceased person may be assigned into bankruptcy either by the estate executor/trustee with the blessing of the court or by a creditor petitioning the estate into bankruptcy. Of course, another scenario is that a person might die after filing an assignment into bankruptcy. Section 136 of the Bankruptcy […]

The Stock Market is up and down

February 7, 2018

Sure, the stock market does that, sometimes it’s up and sometimes it’s down, that’s called fluctuation. The market is always fluctuating, but consumer debts don’t tend to do that. Consumer debt loads have been increasing year over year for decades with no sign of abatement. In fact, the average Canadian consumer is paying about $900.00 […]

How to get rich in a hurry

January 25, 2018

It’s true, no one ever got rich by paying interest, in fact, no one ever got rich by working hard either. Seems that the easiest way to get rich is to be born into money, next is to find some form of exploitation such as charging people large amounts of money for a service or […]

Does your budget look like this?

January 17, 2018

Does your budget look like this? We constructed a budget using the Canadian Median Income for 2015 from Statistics Canada and after deducting taxes using the CRA payroll deductions calculator. We then found the average rent for a one-bedroom unit in the City of London and calculated some simple living expenses – as you can […]

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