With interest rates fluctuating, many homeowners are reconsidering their mortgage options. While fixed rates offer stability, variable rates can provide significant advantages for those willing to navigate a bit of risk and uncertainty. 2024: The Current Mortgage Landscape Borrowers with exceptional credit may find lower rates — as low as 4.04%, according to Money.ca. However,…
Teaching financial literacy for kids can be enjoyable and easy with this list of tools and activities
Even scared or nervous parents can take steps to help kids learn money skills
By reviewing economic and non-economic factors, we get a list of the best cities in Canada to live in when going through a recession.
On average, working Canadians typically retire at age 63; by all accounts, most of these newly retired people have about $1 million in retirement savings. But is that enough? A recent report shows Canadians now believe they need between $1.4 and $1.7 million in savings to comfortably retire. For Canadians looking to top up their…
Canadian homeowners can use their residence to help reduce the tax paid + a basic tax checklist to help file your tax return on time.
We all want to be in the black regarding our investments, but investors using their Tax-Free Savings Account (TFSA) as a vehicle to shelter profits from triggering taxation could find themselves in hot water. According to Jamie Golombeck, an expert authority on Canadian tax law, the Canada Revenue Agency (CRA) is cracking down on investors…
What the average American pays in income tax each year can vary widely based on income, tax deductions, credits, and other factors. However, data from the Internal Revenue Service (IRS), the average federal income tax rate for all taxpayers was 14.5% in the 2018 tax year (the most recent data available). Additionally, many states also…
If you suspect that your home contains asbestos, it’s important to seek professional advice.
By following these tips, you can create an organized and functional system for your books + find creative ways to reuse purged books.