For a budding entrepreneur, having a solid business plan is vital for a good start to their venture. With a good business plan, the entrepreneur can approach prospective financiers to kick start their dream. Typical sources of such financing may come from personal assets, financial institutions, venture capitalists and/or government funding. Depending on the type…

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The Department of Finance recently introduced new rules on prepaid credit cards. The new rules were put in place in response to numerous consumer complaints from excessive fees eating away at card balances to expiry dates. Similar to rules introduced on gift cards a few years ago, prepaid credit card issuers now have to abide…

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$100 Gift Card Freebie In my post on the top free credit cards in Canada, I mentioned that the Scotia Momentum Infinite Visa that features 4% cash back on gas and groceries offers the highest return for families with a couple of cars. In fact, even after the $129 annual fee for two cards, spending $470/month…

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A previous post had discussed about the Wage Earner Protection Program that is available to assist people in case of job loss. This post is an extension of the employee assistance topic. We will look at another (non-monetary) program that aims to assist unemployed people aged 55 to 64 return to work and also, touch…

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This popular post about how we got out debt in 2008 is still highly relevant today.  Enjoy! If you read the about me section, you might have come by an article that explained where we financially started upon graduation from University. To summarize, we were majorly in debt (but not as bad as these guys).…

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When the Visa Infinite cards were introduced initially, Scotia Bank did not release a version of the card like the other big banks. Visa Infinite cards are Visa’s highest prestige cards with premier rewards and insurances but with an annual fee to match. As some of you already know, my philosophy on credit cards is…

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