How to Read your Pay Cheque
I’m not sure about you, but one of my happiest days of the month is PAYDAY! As a recent grad and now, slave to the workforce, it’s great to be finally making some $$. However, at first you may think you are making a lot of money, until you actually read your pay...
How Recent Grads Should Use an RRSP
As a recent grad, saving for retirement is probably the last thing on your to-do-list. I mean, retirement is in like 30/40 years you got lots of time to save for retirement… Right? Life Expectancy in Canada Well 50 years ago, the life expectancy was 70 years...
How to Use a TFSA
Tax is one of the main reasons preventing you from being financially independent. If you’ve taken a look at your paycheque, you know that taxes takes a huge cut from your pay and it can even take up to 52% of your annual income! However, the Tax Free Saving Account...
How to Invest to Make Money
Everyone keeps saying you should INVEST, but why? How does investing actually make you money? In this article I will explain how to invest to make money by investing in stocks. There are two main ways you can make money by investing in the stock market: (1) Capital...
How do people get RICH in Canada?
Do you think successful business people like Bill Gates and Steve Jobs became successful by spending 50% of their time working for someone else? The answer is NO! In this article, I will answer how people get rich and how you can too! Lets first differentiate between...
Who do you ACTUALLY work for?
If you have a full-time job, you work about 40 hours per week for 52 weeks a year to make a living, but are you really working for yourself? To answer this question let’s look at this example: With a $50,000 salary you are making about $24.00 per hour which is nice,...
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