Budget Sense

I am no gambler or a gambling addict. I go to the casino when I am on vacation and happen to be close to a casino (Vegas anyone?) . And where I live, I rarely go to the casion. So the whole thing is like a novelty to me. However, ever since OLG (Ontario Lottery […]

I know a friend who has no real job. At least not in the traditional sense of the word, you know, the 9-5 one. But if you are talking gigs, then he has 3 of them going on at once. Maybe even 4 at times. Let us call him Mr. Gigsmith (name changed for the […]

It seems like the Canadian dollar exchange rate vs. the US dollar has been stuck around 75 cents for ever! Well, it has been at this level for at last a year and it is unlikely to change anytime soon. And with the Canadian economy not doing so well of late and job numbers being […]

Our family saving approach has been pretty effective, but we though it can get better, especially if we want to save to buy a new bigger house in the future. Seeing where house prices are heading, it will take a full and committed effort from both of us to save a good chunk for a […]

Tangerine now its own credit card which it brilliantly like to describe as a card that lets you ‘Spave’ (Spending + Saving) . I have been using the Tangerine cash-back Master Card for a few months now and I really like what I see. Based on my usage of the last few months, I will […]

What are the best places or spots to find money in the form of loose change in public? speaking from personal experience, the list of three places below is guaranteed to help you find money the next time you happen to be in one of them. Remember, take it only if the money can’t be […]

The banking industry is changing. It is currently undergoing one of its biggest shifts. The future is all about technology. Your bank’s mobile app is slowly but gradually replacing your visit to your local branch. And as more people become comfortable with banking on their computers and smartphones, there will be less and less need […]

There seems to be so many different creative approaches that people follow in order to pay off their credit card balance. We decided to come up with our own in order to eliminate $6,500 in credit card balance. To begin with, it is not that we weren’t already making payments to reduce and even eliminate our balance. […]

Do you know what TFSA stands for? ‘Tax Free Saving Account’ you say? you got it! But do you know what that means exactly? well most people think they know, when in fact they don’t. Why? the simple inclusion of the letter ‘S’ or the word ‘Savings’ throws people off. People assume and treat TFSAs […]

Charitable donations are just that: it is a way for people to donate from their money to help those in need. That is how it should be treated and not a way to get a tax advantage. However, and having said that, the government does make it possible to get a tax credit in exchange […]