Thursday, December 11, 2025

Budgeting

Credit card interest calculator – MoneySense

Introduction to Credit Card Interest Try our credit card interest calculator to calculate credit card interest and find out how long it will take you to pay off the debt. This tool can help you develop a plan to get your credit in order and avoid future interest payments. How to Use the Credit Card Interest Calculator Our credit card interest calculator can help you find out two important pieces of information: How much interest are you paying based on your current monthly payment? How many months will it take to pay off your credit card balance? To use the calculator, first, enter your credit card balance and your card's annual...

The MoneySense Guide to Inflation (2025)

Introduction to Inflation Inflation is a complex economic concept that can have a significant impact on individuals and societies. It refers to the increase in the price of goods and services over a certain period of time, usually a year. This means that the value of money decreases, and the same amount of money can buy fewer goods and services than it could before. Inflation is a natural part of a growing economy, but high inflation can be problematic. What is Inflation and Why Does it Happen? Inflation occurs when there is an increase in the demand for goods and services, and businesses raise their prices as a result....

What happens before a freelancer earns a stable income?

Recognizing the Signs of Steady Income as a Freelancer You can feel the change long before your bank account shows it. The cycle of feasts...

The best free personal finance and investing courses in Canada

Free Personal Finance Courses for Canadians To help Canadians understand their options, we've rounded up the best free courses - both online and in-person - that deliver practical insight at an affordable price. These courses are designed to provide Canadians...

A financial plan more than doubles your confidence in retirement –...

Introduction to Financial Planning Many Canadians are rethinking their financial strategy due to economic uncertainty. A survey of 1,045 Canadians found that 52% of respondents said economic uncertainty is causing them to think about creating a financial plan or revising...

How your rent payments can help build your loan story

Introduction to Rental Reporting Rental reporting can be a game-changer for individuals looking to increase their credit scores. According to Viler Lika, founder and CEO...

The hidden costs for poor billing

Introduction to the New Era of Business In recent years, there has been a significant increase in bold new business practices. The Covid-19 pandemic and its subsequent closures gave many people the opportunity to assess their lives, both personally and...

Setting up an employee stock option plan for employees

Understanding Employee Stock Option Plans (ESOPs) When founding a company from scratch, it can be challenging to compete with large salaries and company processes that bigger companies offer. However, one thing you can offer your employees is a real stake...

Freelancing

The Joys of Slow Travel: How to Embrace the Digital Nomad Lifestyle and Take Your Time

Slow travel is a concept that has been gaining popularity in recent years, especially among digital nomads. It's an approach to travel that emphasizes...

The Dark Side of Travel: How to Stay Safe as a Digital Nomad

As a digital nomad, you're likely no stranger to the thrill of exploring new destinations and immersing yourself in different cultures. However, with the...

How to Make the Most of Your Time as a Digital Nomad: Tips for Maximizing Your Travel Experience

As a digital nomad, you have the unique opportunity to explore the world while maintaining a career that can be managed remotely. With the...

The Best Places to Learn a New Language as a Digital Nomad

As a digital nomad, you're likely no stranger to the idea of exploring new places and immersing yourself in different cultures. One of the...

Insurance

Jobs

Budgeting and Money Management

Budgeting and money management are essential skills that everyone should possess. With the rising costs of living and the uncertainty of the economy, it's...

Mortgage

Self Employment

How professional freelancers deal with mistakes without losing confidence

Introduction to Freelancing Mistakes Every freelancer has had that moment when a client's email reveals something they missed. It doesn't matter how experienced you are or how strained your systems are. Mistakes happen in solo businesses because you carry everything....

Lessons from freelancers who have built stability without expanding

Introduction to Stability Without Scaling There is a quiet group of freelancers who aren't chasing agencies, product lines, or ten-person teams. They don't try to automate their way out of work they really enjoy. Instead, they created something rarer: long-term...

This way you can recognize early signals that your sole proprietorship is really gaining momentum

Introduction to Solo Business Growth In every solo business, there comes a moment when you realize you're no longer just trying to "make it work." Something is changing. Work feels more stable, clients treat you differently, and opportunities appear that...

Prove you’re building a legitimate business, even if it still feels messy

Feeling Like a Real Business Owner As a self-employed individual, it's normal to feel like you're juggling multiple tasks at once, from managing client work to invoicing, all while trying to appear like you have a system in place. You...
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Taxes

Latecomers: Sort through your tax arrears before the end of the year

Introduction to Tax Relief Provisions The Income Tax Act states that the normal period for reassessment is three years from the date on which the notice of assessment or reassessment is sent or received. However, under the tax relief provisions,...

Make the most of your pension allowance

Introduction to Retirement Tax Credit The retirement tax credit is a valuable benefit for individuals who have reached the age of 65 and are receiving income from a Registered Retirement Income Fund (RRIF) or Life Income Fund (LIF). However, this...

What is the CRA Voluntary Disclosures Program?

Introduction to Tax Liability and the Voluntary Disclosures Program (VDP) Tax liabilities continue to accrue, but to be fair to everyone, the Canada Revenue Agency (CRA) will provide a higher level of relief to those who correct an error before...

GST/HST loan payment dates: When you can expect your money in 2025

Introduction to GST/HST Credit The GST/HST credit is a tax-free quarterly payment from the Canada Revenue Agency (CRA) designed to help low- and middle-income Canadians offset the goods and services tax (GST) or harmonized sales tax (HST) on everyday purchases....

An update on filing 2025 trust tax returns

Introduction to Trusts A trust is a legal arrangement where a person, known as the settlor, transfers assets to a trustee who holds and manages these assets for the benefit of one or more beneficiaries. The trustee is responsible for...

Work From Home

Is forex trading legit? – Save the student

Introduction to Forex Trading If you're on social media, you may have come across videos promoting Forex trading as a way to make money. While investing can be a way to grow your money, it's never without risk - especially...

Shopify: How to earn money with an online shop

Setting Up Your Shopify Business for Success To set up a successful Shopify business, there are several steps you can take. It all begins with choosing the right theme for your store, getting the best apps to enhance your business,...