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Borrowing Money To Buy A Business

Borrowing Money To Buy A Business

Becoming an entrepreneur isn’t always about starting your own business from scratch. Many entrepreneurs get their start by buying a business that’s already in place! It’s a great way to eliminate much of the stress, time, and financial capital it takes to build one from the ground up.

But buying a business is anything but cheap. It takes thousands of dollars to buy a business (sometimes even more), which might …

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Summer Savings Can Really Add Up

Summer savings can really add up

The struggle is real when it comes to saving money during the warmer months. Whether you’re a parent, a student, a business owner, or anything in between, saving money can be particularly difficult in the summer. Kids are back at home, college classes are out of session, and the summer is prime vacation season.

And let’s not forget that longer days and warmer temperatures are often enough …

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Shrinkflation is Real

Shrinkflation is Real

How often do you pay attention to the quantities or weights of your grocery staples? When’s the last time you checked the packaging to see how many ounces you’re actually getting? Over time, as inflation occurs, you may be getting less and less due to shrinkflation.

If you’re not in the habit of reading the packaging, now’s the time to start. Shrinkflation is on the rise, and you could be …

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Starting A Side Hustle

Starting a side hustle

The gig economy is booming in Canada. As much as 40 percent of millennials have a side hustle! There’s no doubt that having a job on the side can be an incredibly lucrative way to earn some extra cash. Some people are getting payday loans in Lacombe, AB and paying them right away too.

Best of all, starting a side hustle doesn’t always mean investing thousands of dollars! There …

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How To Pick The Right Bank Account

How to pick the right bank account

When was the last time that you’ve opened up a new bank account? Whether it’s your first time or if you’re ready for a change, choosing the right bank account is crucial. Having the right bank account can set you up for success in meeting your financial goals – and the wrong account can easily send you backwards. Whether you live in Hamilton or some other place, a proper bank …

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The Pandemic's Impact on Housing

Pandemic's Impact on Housing

Buying a home is an incredible financial milestone irrespective of the kind of home you purchase. Whether it’s a condo, townhome, a detached home, or even signing the lease on a new apartment, we all need a place to hang our hat at the end of the day.

For first-time homebuyers, this is an even more notable feat. In light of the global pandemic and the economic constraints, purchasing a …

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Post Covid-19 inflation - Is it real?

Post Covid-19 Inflation

From newscasters to radio personalities to journalists, financial experts everywhere are talking about rising inflation rates during the pandemic.

The current rate of inflation in Canada is at 3.4 percent, the highest it’s been in nearly ten years. Given drastically falling prices and the lack of demand for goods and services during the pandemic, the increase in inflation rates is hardly surprising. Especially in Manitoba. A lot of local …

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Can You Really Automate Your Savings

Can you really automate your savings?

If you feel like saving money each month is a struggle, you’re certainly not alone. It’s a problem across the board for many Canadians: nearly 40 percent say they don’t have enough savings to withstand a financial emergency.

Setting money aside is hard, especially when you’re counting down the days from one paycheque to the next. And when money is tight, putting money in a savings account is the last …

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Identifying Holes in Your Existing Budget

Holes in your budget

Whether you are a budgeting newbie or a savings pro, creating and maintaining a budget comes with its own set of challenges. One such challenge is a budget hole – but what does having a hole in your existing budget even mean? Now don't try to fill this hole with payday loans in Winnipeg (If you just happen to live in that area that is).

Having a hole in your …

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Your 90 Day Debt Reducing Plan

90 Day Debt Reducing Plan

Being in debt can be debilitating. Not only does it put a huge strain on your finances, but it also is a leading cause of stress. A July 2020 survey found that money was still the most commonly reported stressor for Canadian households – and in the midst of a pandemic, that’s saying something.

If you’re finding yourself worrying about money, stressing about whether you’ll ever be able to …

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