Saturday, June 21, 2025

Retirement and Benefits

Retirement is a significant milestone in an individual's life, marking the end of...

Freelance Benefits and Retirement

As the freelance industry continues to grow and evolve, many freelancers are enjoying...

How to Reduce Your...

As a self-employed individual, you are responsible for paying self-employment taxes on your...

Industry-Specific Guides

Industry-specific guides are detailed manuals or documents that provide information, instructions, and best...

Budgeting

Is Canada in a recession?

Understanding the Impact of Recession on Canada's Economy The Canadian economy has been experiencing a slowdown, and many are wondering if the tariffs imposed by US President Donald Trump are the cause. However, it's essential to note that the economy was already slowing down before the tariffs were introduced. Factors such as decreased immigration and rising unemployment played a significant role in this slowdown. The Effects of Tariffs on the Canadian Economy The tariffs accelerated the slowdown, leading to increased unemployment, decreased consumer trust, and harm to companies. The effects of the tariffs are still being felt, with potential homebuyers hesitant to take on mortgages due to job insecurity,...

A Self-Employed Guide to Mortgage Planning and Budgeting

As a self-employed individual, navigating the world of mortgage planning and budgeting can be a daunting task. Without a traditional paycheck and W-2 form, it can be challenging to demonstrate income stability to lenders, making it harder to secure a mortgage. However, with the right guidance and planning, self-employed individuals can overcome these obstacles and achieve their dream of homeownership. In this article, we will provide a comprehensive guide to mortgage planning and budgeting for the self-employed, covering topics such as income calculation, credit score optimization, and budgeting strategies. Calculating Income as a Self-Employed Individual One of the primary challenges self-employed individuals face when applying for a mortgage...

How to retire your tax authority in retirement

Understanding Tax on Retirement Income As a retiree, you may have noticed that you owe taxes when you file your return, unlike when you were...

Technology and Tools

Technology and tools have become an integral part of our daily lives, transforming the way we work, communicate, and interact with each other. The rapid advancement of technology has led to the development of innovative tools that have simplified...

What is the Canada Carbon discount?

Introduction to Canada Carbon Discount The Canada Carbon discount was a program designed to return a portion of the revenue collected from the federal carbon tax to residents. To receive this discount, individuals had to submit an income tax return...

Selling your luxury watches

Introduction to Luxury Watches A luxury watch is not just a time-telling device, but a symbol of elegance and wealth. It represents a rich history...

Tax Obligations & Compliance

Tax obligations and compliance are essential aspects of personal and business finance. Understanding tax laws and regulations can help individuals and organizations avoid penalties, fines, and even legal action. In this article, we will delve into the world of...

Buying a car in Canada: 7 tips for newcomers

Our Experience Buying a Car in Canada We arrived in Canada with optimism, thinking we were well-prepared with savings, professional experience, and a support system. However, a visit to a car dealership in our first week in the country quickly...

Freelancing

Freelance Scheduling Secrets: How to Create a Routine That Works for You

As a freelancer, you have the freedom to create your own schedule and work at your own pace. However, this flexibility can also be...

Industry Insights

The world of industry is constantly evolving, with new trends and technologies emerging every year. To stay ahead of the curve, it's essential to...

The Benefits of Personal Branding for Solopreneurs: Why You Can’t Afford to Ignore It

As a solopreneur, you wear many hats. You're the CEO, the marketing team, and the product developer all rolled into one. With so many...

Team Management and Leadership

Effective team management and leadership are crucial elements in achieving success in any organization. A well-managed team can lead to increased productivity, improved morale,...

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

The Future of Networking: Trends and Predictions for the Next Year

The world of networking is constantly evolving, with new technologies and trends emerging every year. As we look to the future, it's essential to stay ahead of the curve and understand the developments that will shape the industry in...

The Self-Employed Mindset: How to Overcome Fear and Achieve Success on Your Own Terms

The self-employed mindset is a unique and powerful way of thinking that allows individuals to overcome fear and achieve success on their own terms. As a self-employed individual, you are your own boss, and you have the freedom to...

The Self-Employed Time Management Trap: How to Avoid Burnout and Stay Productive

As a self-employed individual, managing your time effectively is crucial to the success of your business. However, many self-employed individuals fall into the time management trap, where they work long hours, neglect their personal life, and eventually burn out....

Organizing Your Home Office: Tips and Tricks for Maximum Efficiency

Creating an efficient home office is crucial for productivity and success. A well-organized workspace can help you stay focused, avoid distractions, and achieve your goals. In this article, we will provide you with tips and tricks on how to...
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Taxes

Retirement and Benefits

Retirement is a significant milestone in an individual's life, marking the end of their working career and the beginning of a new chapter. As people approach retirement, they often have questions about the benefits they are entitled to and...

Self-Employed Investing 101: A Beginner’s Guide to Growing Your Wealth

As a self-employed individual, managing your finances and growing your wealth can be challenging. Without the security of a steady paycheck, it's essential to take control of your financial future by investing wisely. Self-employed investing is a great way...

How to Reduce Your Self-Employment Tax Liability: Expert Tips

As a self-employed individual, you are responsible for paying self-employment taxes on your net earnings from self-employment. This tax is used to fund Social Security and Medicare, and it can be a significant expense for many freelancers and small...

SEP-IRAs and Solo 401(k)s: Which Retirement Plan is Right for You?

As a self-employed individual or small business owner, saving for retirement is crucial to ensure a secure financial future. Two popular retirement plans for self-employed individuals and small business owners are SEP-IRAs and Solo 401(k)s. Both plans offer tax...

From Distraction to Discipline: How to Create a Schedule That Works for Your Self-Employed Business

As a self-employed individual, managing your time effectively is crucial to the success of your business. Without a traditional 9-to-5 schedule, it can be easy to fall into bad habits and struggle with procrastination. Creating a schedule that works...

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,...