6 Step Plan to Spring Cleaning & Organizing Your Finances
An important part of keeping your personal finances in good shape and getting yourself out of debt is organizing your finances. With spring now upon us, “spring cleaning” is on a lot of people’s minds, but this concept can apply to more than just your home. It can be applied to your personal finances as well.
Fortunately, organizing your finances isn't as difficult as it sounds. If you're ready to start spring cleaning your finances, these six steps will start you off on the right track.
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Wanting to Buy a House? Here are 6 Things No One Tells You
Ever wonder what no one tells you about buying a house? Or maybe you’re house-hunting and wondering how much of a mortgage you can afford? The size of your mortgage, in addition to your down payment, will determine what price range you want to be looking in. And there’s no shame in starting small because there are a lot of overlooked expenses for first time home buyers.
Things you should know include setting your own mortgage limit, how the pre-approval process can help you budget, and why you need as much as 5% extra cash, on top of what you have saved for your down payment.
Read on to learn what no one tells you about buying a home and how it can help you decide how much of a mortgage you can truly afford . . .
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Negotiating Your Own Debt Repayment Plan – What You Need to Know First
Q: I owe almost $30,000 on 3 credit cards and a line of credit. After watching one of those get out of debt programs on TV last month, I decided that it was time that I got my debt under control. When I sat down to figure out how much I think I can afford to pay each month on my debt, I was shocked to find out that it was barely enough to cover the required minimum payments. I asked my credit union if they could consolidate my debt onto my line of credit but they said I would need a co-signer and I don’t want to involve anyone in my financial affairs. I got myself into this situation and I want to be responsible and work my way out of this mess. I tried to set up my own debt repayment plan with my four creditors and only one creditor was willing to look at lowering my payment and my interest rate. What am I doing wrong? ~ Drew
A: Renegotiating the terms of repayment with your creditors when you’re experiencing financial difficulties can be a very intimidating and frustrating experience. Most people aren’t aware that . . . (Read More)
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The Benefits of Filing Your Personal Tax Return
12 Excuses People Make For Not Filing
Do you dread filing your income taxes? Can you come up with every excuse in the book not to? When it comes right down to it, there are benefits to filing your tax return, even if you end up owing.
The deadline to file personal income taxes is April 30 and even though self employed Canadians don’t need to file until June 15, if you owe Canada Revenue Agency (CRA, formerly known as Revenue Canada) any money, it must be paid no later than April 30 to avoid any penalties.
Are you trying to make up excuses to not file your income tax return? Read more . . . to see if your excuses stack up, stats about average refund rates and new this year, how to track your refund online.
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Budget Breakers
April 1, 2015
May 9, 2015
Irregular Income
April 7, 2015
May 9, 2015
Super Simple Savings
April 9, 2015
May 7, 2015
75 Ways to Save on Household Expenses
April 14, 2015
May 5, 2015
Ending the Financial Feud - Couples & Money
March 31, 2015
Let's Talk Credit
April 18, 2015
May 13, 2015
Organize Your Finances in 1 Month
May 21, 2015
Food & Finance
April 24, 2015
Retiring Without Debt
April 28, 2015
Conscious Consumerism
April 30, 2015
Budgeting 101: 6 Easy Steps to Manage Your Money
March 31, 2015
April 22, 2015
Debt Solutions
April 20, 2015
Conscious Consumerism
April 30, 2015
Raising Financially Fit Kids
April 22, 2015
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