Merchants pay up to 3% of every transaction back to the credit card company. Not only that, but these credit card companies have a lot of power and influence while small business don’t have any choice. One way to help your local small business is to use cash or debt when paying. Cash is even…
6 Tips to ensure your summer is not ruined by a nasty hydro bill
It is summer and it is July and it can only mean one thing: hot and soaring temperatures that can only be weathered by a cool and blasting AC! But we all know what that means for your pocket: a nasty bill at the end of the month or cycle. So how can you ensure…
Making the minimum payment on your credit card balance is a trap
When you see the ‘minimum payment’ (MP) field on your credit card statement, think of it as your credit card’s way of making you feel good and not to worry. It is their way of telling you “Don’t worry, though you have thousands to pay us, you only have to pay us a fraction of…
ING makes saving money cool and interesting
I have been using ING bank to save money since 2008 and it is one of the biggest reasons to which I attribute my increasing interest (pun intended) in saving money. There are a lot of places you can go to open a saving account but ING is different. Different for three reasons: higher interest…
How To Create the Right Emergency Fund
How To Create the Right Emergency Fund By: guest author ‘Alicia Sanders‘ Unfortunately, we live in complicated financial times when lots of consumers complain that they don’t have an opportunity for saving money because their budget is really tough. Many Canadian consumers don’t have any savings and that’s why when an unexpected financial problem arises…
Is time your friend or enemy? On the path to saving and paying off debt
Time is a very crucial concept when it comes to saving money and paying off debt. It could be your friend or enemy, depending on how much of it (time) you have. Generally and simply put, the more time you have, the more you are able to save money and pay off debt. Having said…
Make 2013 your best money year ever with this simple 5 step list
2013 is almost here and it is time to think about your finances for the new year and how to ensure they are in their best shape ever. With these simple steps and checklist, you can make it your best year ever. Most of these are things we have talked about extensively in the past,…
How to support your local economy this Christmas season? Buy the right type of gift cards
A lot of us prefer to buy-and receive-gift cards this Christmas season than real gifts. They are good for a variety of reasons. They save time, give the receiver the option to spend it on things they like and more. But when buying a gift card for friends and family this Christmas season, or for…
Did Jesus intend to bankrupt families? How to save money this Christmas
Don’t be surprised if the word ‘Christmas’ gets replaced with the word ‘Commercialism’ in the near future, because that is what it has unfortunately turned into. People feel so much financial stress and anxiety around Christmas time, trying to come up with money and gift ideas to buy for their close friends and family. And…
Auto Insurance Saving Tips and Strategies
Car insurance is a necessary expense, yet many people lack the coverage they need in an effort to get the cheapest rate. While the monthly premiums may be lower, the amount of coverage this allows in the event of an accident is limited. However, the quality of a policy does not have to be compromised…