Money for Canadians
Whether you’re looking to start your first business or buy your first home, money is the prerequisite for many of life’s most important decisions.
But sometimes earning and managing money can be a lot more difficult than it seems.
That’s why we’ve made it a priority to provide Canadians with informative content on a wide range of money-related topics.
We’ve summarized our main money topics on this page.
The first step on the path to wealth is earning money. Besides your career, there are countless opportunities for earning money on the side. In the past few years, thousands of Canadians have built side hustles. Many have replaced their full-time job with passive revenue streams.
It’s not always about how much you make, it’s how much you keep. While saving and budgeting aren’t as flashy as earning money, by no means are they less important. Remember, a dollar saved is worth as much as a dollar earned.
There’s a lot that goes into planning a successful retirement. For example, how much do you need to save? What type of retirement accounts will you open? What investments will you make? To make sure you check all the right boxes, it’s best to start planning early.
Income taxes. Canadians dread this time of year more than any other – except maybe the end of the hockey season! However, to keep your finances organized and avoid unpleasant run-ins with the CRA, having a clear income tax strategy is a must.
There’s never been a better time to start a business. The world is becoming increasingly connected, and new opportunities are around every corner. That said, there’s a lot to learn when starting a new business from scratch. From marketing to taxes to customer service, you need to invest time in developing business fundamentals.
Protecting your money is as important as earning it. Unfortunately, identity theft costs Canadians millions of dollars every year. Protect yourself from identity theft. Be careful to keep your phone, credit card, and social insurance numbers private. Avoid giving out any sensitive information online.
Sometimes, you need a little help. Canadians use loans every day to purchase homes, buy cars, or even pay for medical bills that aren’t covered under our healthcare system. Your credit score has a direct effect on your ability to borrow money and the interest rates you will need to pay on your loans.
THE BOTTOM LINE
Money is a big topic. We cover many ways for Canadians to earn, grow and protect their money. If money is important to you, then browse the content on our site and visit us often.