Stock Options are a popular way for companies, especially startups, to compensate their employees. Although there is no guarantee of the success of a company, by fully understanding your stock options and specifically, the tax implications associated with them, you can avoid making common (and big) mistakes that can cost you thousands of dollars.
According to the SPCA, the average cost per year to care for a small dog is approximately $1,300 and for a cat is $1,000*. Unsurprisingly, the high cost of pet care is one of the top five reasons people give up their pets. Fortunately, there are some simple steps that smart pet owners can take to reduce their costs. Here are […]
Last year, Canadians lost an incredible $70-million to money scams – which was an increase of $17 million compared to the year before. According to the Canadian Anti-Fraud Center, this number only accounts for 5 percent of those affected – so the real size of this problem is huge, and growing. With this in mind, I want to share with […]
Ten years ago, car sharing meant jumping into the passenger seat of your friend’s ride. Today, it means you have the ability to drive yourself, without the ongoing responsibilities of car ownership. As someone who doesn’t live in the same area as I work, I was an eager adopter for the convenience of the carsharing model. But having considered purchasing a car in the […]
By learning how to shop smart and spot the best deals in the grocery store, you can reduce your grocery bill substantially. Surprisingly, this is relatively simple to do. The secret lies in knowing where to go and knowing what to look for when you get there. Here are five simple tips you can implement right away to help you spend […]
The secret to building wealth when you’re young lies in your ability to: Build good habits. Maintain a frugal lifestyle for a number of years. Make your money work for you. The younger you are, the better chance you have of building up a large sum of money for retirement, since you have one huge advantage over the older generation: time.
Staying on top of your finances should be simple. From keeping track of your mortgage payments to figuring out where your money went last month, there’s an easier way to get it all done! So – close your excel spreadsheets and get automating with our top 5 financial tools.
When it comes to saving money, even if you’re fairly well-off, sometimes it’s difficult to make the required commitments without making significant downgrades to your lifestyle. But saving money should be smart, not restrictive! We still want to be able to ‘live our lives’, have fun and go out for dinner occasionally!