Archive for October 2014
How Much Does Electricity Usage Cost?
Winter is approaching which means the refreshing crispness in the air will lead to higher heating costs. For the most part, modern houses built in Newfoundland use electricity for heat, whereas places like Toronto, use natural gas. Even if you don’t use electric based heat, you likely use electricity for your washer/dryer, dishwasher, refrigerator,…
Read MoreGetting Exposure to the Canadian Energy Industry
With oil prices falling to 52 week lows, energy company stock prices are following suit with their own aggressive decline. These low prices are bound to attract value investors like a number of readers that have recently contacted me. The main theme of the questions are: “how do I obtain exposure to the Canadian energy…
Read MoreStarting or Growing a Business? Take Advantage of Business Support Organizations
In previous posts, we looked at different business models and how to write a business plan to aid entrepreneurs. In addition, having a helping hand during the initial start-up phase and subsequent operational stage of a business will go a long distance in paving the way for a successful venture. This post will look at…
Read MoreHow To Survive On Only $100 a Month in Groceries
In my recent article in the Globe and Mail, I’m on track to be mortgage-free by 31, the most common question I received was how I could possibly survive on only $100 a month in groceries. If your family is like most, groceries are your second highly household expense behind mortgage or rent. Although Canada’s…
Read MoreNet Worth Update October 2014 – SmilingSaver (Deep in Debt)
Welcome to the Million Dollar Journey August 2014 Net Worth Update – Team MDJ edition. A select group of readers were selected to be part of Team MDJ which was conceived after the million dollar net worth milestone was achieved in June 2014. SmilingSaver was selected as a team member and will post net worth…
Read MoreCanada Pension Plan Children’s Benefits
This blog has featured Canada Pension Plan (CPP)-related posts before. In a similar vein, this post will discuss about another CPP-related benefit available to dependent children of disabled or deceased CPP contributors. Types of Children’s Benefits Disabled contributor’s child benefit. This benefit is available to the child of a CPP contributor who is receiving a…
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