As I have done a good few credit card reviews in the past, I’ve received several emails regarding the Scotia Momentum cash back Visa (link). Usually when so many readers ask about the same product, there has to be something of value there. So off I went to dig up some information to see how…

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Yes, leasing a car is frowned upon in the personal finance realm from a purely financial perspective, but there are those that swear by leasing a car despite the numbers.  Leases generally have higher interest rates, restrictions on the vehicle (limited kms, tire wear, scratches etc), not to mention a perpetual car payment. On the…

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So you’ve started a brand new business and it’s actually turning a profit sooner than you expected.  Things are going well, but something comes to mind..  you haven’t paid any tax on your income yet.  No worries though, the government will reach into your pocket sooner or later and it’s best that you are prepared.…

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“It ain’t the heat; it’s the humility.”– Yogi Berra It’s not about the money. What is your real inner motivation for how you handle money – how do you spend it, and how and why do you save it? Having talked to thousands of people about their money, we have found that money is very…

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As our toddler is approaching the 2nd year of life (terrible twos?), we have been contemplating various school systems and activities. We have thought about educational day cares, Montessori schools, ballet, Karate, piano, French immersion, swimming, soccer and the list goes on. Stepping back and looking at the big picture, I have to think about…

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As I mentioned in a list on the steps in setting up a corporation, obtaining a business bank account is a good idea.  The reason being is that the customers can pay you via company name instead of personal name.  As well, it helps during tax season when business income/expenses are separated from personal income/expenses.…

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