Sole Proprietor vs Incorporated for Independent contractor
I am a Finance professional in Ontario doing contracting jobs as a sole proprietor since past few months through a placement agency. Current arrangement with agency is that I work for the end client...
View ArticleAccurate Budget?
I realize there are other threads on here for projected budgets but hoping to get some feedback on mine. Currently living at home with parents and moving out in March. I bought a place and will have...
View ArticleTaxes on Self-Employed with low income
I am self-employed (commission income from Internet advertising) and doing up a mock income tax return using TurboTax 2012 to see how much more tax to pay in the next several months. I pay a bit here...
View ArticleEmployer matched RRSP Contribution
My employer has a Group RRSP plan and they match my contribution up to a certain percentage. I get RRSP reciepts from the amount my employer contributes to my RRSP account. So, does this mean I can...
View ArticlePrime US$ exchange rate at RBC
Yesterday I asked at RBC if they can give me better exchange rate so I didn't have to go to Accu-rate/Uexchange with all my money (those places are way better than the 5 banks). Surprisingly, they did,...
View ArticleSecurity of BitCoins?
Hi there, recently there was a lengthy thread about BitCoins. I found concept and whole idea very interesting and spent some time tinkering around how to really use it. Today I run into article on UK...
View ArticleEducation saving plans are bad
I just saw another news story on education saving plans not paying out money to people who invest in them. Why would anyone want to invest in one when they control your money and you don't need them to...
View ArticleTitle insurance for mortgage free home
I was listening on the radio regarding paying off a mortgage and an advisor recommended that once your mortgage is paid off, you should spend another $200-300 to get title insurance to protect the...
View ArticleCorporate Whole Life insurance for the top 1% income earner? Advisable.
As discussed in lots of thread before,it seems that whole life is a "fraud" for 98-99% of the time. I am 30 single,earning $250,000 per year in my own corporation with me as a single employee. I live...
View ArticleHow can I buy $500-1000 prepaid credit card with cash?
Is there anyway I can buy prepaid credit card (in amounts of $500 or more) using cash? I need these specifically to buy stuff online. If so, what are the fees and where can I obtain them?
View ArticleHSBC Payee - Montreal Tax
Anyone know if you can add Montreal ***** a payee in HSBC? I searched for MONTREAL and MTL but doesn't seem to have something for paying taxes. I was able to find a Payee for paying school tax though...
View ArticleHSBC Payee - Montreal Tax
Anyone know if you can add Montreal as a payee in HSBC? I searched for MONTREAL and MTL but doesn't seem to have something for paying taxes. I was able to find a Payee for paying school tax though...
View ArticleHow many % should I be putting aside into savings each month?
I am a recent University graduate (age 23), currently take home around $2,500 (net of tax) each month from my full-time job. I am wondering how many % do you guys usually save? I don't have any debt,...
View ArticleBalance transfer question
Hi all, I have a MasterCard with a balance of $4000 with an interest of 19.9% (still under limit and being paid on time). Now the bank of this MasterCard is having a promotion for balance transfer of...
View ArticleTarget 5% Credit Card now taking applications
Just applied for mine. Who knows how useful it will be, but with no fee's and 5% in instant discounts at Target stores it can't hurt to have one ready for when they open in your area....
View ArticleCredit score comparison / monitoring
Is there a Canadian equivalent to Credit Karma and Credit Sesame in the US, and Noddle in the UK? These free sites monitor your credit reports, basically give continuous (not trial) free access to the...
View ArticleAny 'deals' ongoing for opening a kids bank account.
Last year BMO had a promo that gave you a $50 bonus for establishing a kids account (not a RESP, a savings account). This year my kid want to get a bank account and I was hoping to add to her savings...
View ArticleTD1 and Education Tax Credits
On the TD1 it asks you to enter your education and textbook amount for the current year but what about those people that have these amounts from previous years when they were in school but have nothing...
View Articlehow to buy double line mutual funds
i would like to buy MFs from double line http://www.doubleline.com/funds.php i cant do that via my questrade account, then where/how can i buy it?
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