Friday, December 26, 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....

How to manage irregular income as a freelancer

Introduction to Irregular Income For a month, you'll be full, pay bills early, and have your eye on a new laptop. Next thing you know,...

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 and famines still fluctuates, but something underneath is beginning to stabilize. Your requests become more...

Parents are worried about their children’s financial future but avoid talking...

Financial Literacy for Teens: Breaking the Silence Introduction to Financial Concerns During teenage and young adulthood, children begin to earn money and develop their first financial habits. However, many parents worry that these habits aren't enough: 53% say they worry about...

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 -...

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 of Singlekey, a rental service company, "Your rent is your biggest monthly obligation for debt...

How to build trust in their financial life

Introduction to Financial Fears in Canada A recent press release from TD Bank revealed that 76% of newcomers to Canada fear making financial mistakes. While this number may seem alarming, it's not surprising given the complexity of the Canadian financial...

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

Industry Trends & Insights

The world of industry is constantly evolving, with new trends and insights emerging every day. In order to stay ahead of the curve, it's essential to understand the current landscape and predict what's to come. In this article, we'll...

Passive Income and Diversification: The Perfect Combination for Financial Success

Passive income and diversification are two powerful concepts that can help individuals achieve financial success. Passive income refers to the earnings generated from investments or businesses that require little to no direct involvement, such as rental properties, dividend-paying stocks,...

How I Grew My Solo Business to 6 Figures in 12 Months

Starting a solo business can be a daunting task, especially when it comes to scaling it to six figures within a short period of 12 months. However, with the right mindset, strategies, and dedication, it is achievable. In this...

What successful freelancers secretly doubt about their own success

The Unspoken Fears of Successful Freelancers As a freelancer, it's easy to assume that success equals confidence. However, many successful freelancers have personal concerns that they rarely express, even to colleagues. Despite having a solid business with paying customers, ongoing...
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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,...