Category: Personal Finance
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TFSA will be increase to $6,500 for 2023
About 20 years ago, when I used to prepare taxes for fellow students and low income friends, they were always astonished by the amount of taxes we pay to the government. Many times, when people saw the money taken out of their paycheck they would ask me: “How can I pay less taxes?” This is…
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NFTs were great for the artists, but bad for investors
There has been a lot of Buzz about NFTs and people are wondering whether they are a good investment. The answer is a big MAYBE, but most likely, they are NOT an investment worth considering. Let’s start by answering the question What are NFTs? NFTs stand for non-fungible token. In short, it’s a sort of…
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Save money and save the environment, Dump your car
I used to be a car owner. Since I was a little kid, I always saw car ownership as a symbol of independence, autonomy, and as a status symbol. Now, whenever I see people driving big SUVs, the first thought that comes to my mind is this: Those people are assholes! The second thought that…
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Investing for Your Future: Why It’s Never Too Late to Start
It’s never too late to start investing for your future. Even in your sixties or seventies, it’s not too late to start building a nest egg that will provide you with a comfortable retirement. In this blog post, we will discuss the importance of investing for your future and give tips on getting started. We…
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How to avoid capital gain taxes in Canada, with Lin Sok
The end of the year is approaching fast and this is a good time to start thinking about how to reduce capital gain taxes for the year 2022. In this article, financial advisor Lin Sok, share with us some tips on how we can reduce the amount of taxes we pay on our capital gains.…
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Sustainability In Business: Why And How?
In this day and age, you will be able to raise more capital for your business if you are more sustainable. The reason for this is that people want to be kinder to the planet, and making the right purchase choices will come from choosing a business that is sustainable in itself. This could mean…