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What is professional liability insurance (and do freelancers need it)?

Introduction to Professional Liability Insurance A customer writes by email that he is dissatisfied with the result. Nothing dramatic yet, just a vague “That didn’t work out the way we expected.” Your stomach is churning anyway. As a freelancer or independent consultant, such moments hit differently. There is no legal department, no HR buffer, no employer who has your back. When something goes wrong, be it real or perceived, it hits you directly. Then professional liability insurance usually comes into discussion, often later than necessary. Methodology To create this guide, we reviewed...

Variable Income: Financial...

Managing Variable Income: A Guide for Freelancers and Entrepreneurs Variable income can be a challenge to manage, especially for freelancers and entrepreneurs who experience fluctuations...

Here’s how to...

Introduction to Smartphone Ownership Giving your child their first cell phone can be a significant milestone, and it's essential to set the right guardrails around...

How to manage...

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 is my...

Introduction to RRSP A Registered Retirement Savings Account (RRSP) is a popular way to save for retirement in Canada. It allows you to contribute a...

What happens before...

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...

Parents are worried...

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...

The best free...

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 -...

A financial plan...

Introduction to Financial Planning Many Canadians are rethinking their financial strategy due to economic uncertainty. A survey of 1,045 Canadians found that 52% of respondents...

How your rent...

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...