Do you run your own unincorporated business?

If so, you may be a candidate for cash damming, a tax reduction technique that could potentially save you lots of money.  Read More…

With the real estate market finally taking a breather, it’s time to start considering investing again.  Prices would still have to come down a fair bit in many areas for it to be worthwhile, but other areas are depressed and decent investments can be had already. Read More…

The new tax free savings account (TFSA) is a great tool for various reasons.  However, what if none of those reasons applies or appeals to you?  If this is the case, you may want to consider this more, uncommon strategy. Read More…

I know several people with locked in 5 year mortgages, who also have existing Home Equity Lines of Credit (HELOC), where the HELOC rate is currently lower than their mortgage rate.   Do you also find yourself in this situation?

Why HELOCs Are Better Than Mortgage Rates

If so, you have here another opportunity to save yourself some money.  Read More…

Do you have a mortgage? Do you save up for your next vehicle purchase using savings account(s), which on the surface appears to be a wise move? Well stop it!

Why Savings Accounts Are Not the Answer

While saving up for that vehicle using savings accounts is admirable in this day and age where many people finance or lease, it’s actually not the optimal path to take for two reasons:

Read More…

Another money saving idea, based on using credit cards to earn money, is to again take advantage of all those low/no rate balance transfer offers that credit card companies send out to maximize interest savings on mortgages.

What You’ll Need

With this approach, you would take out a Read More…