Whether you are a person seeking for a financial advice, small business owner, self-employed, or a l
04/27/2023
If you owe money after filing your taxes but you do not file your taxes on time, you will have to pay penalty on what you owe. On average the penalty can rise to as much as 5% 🤯
Avoid paying penalties and racking up more debt by filing and paying your outstanding tax balances on time✔️
04/25/2023
It’s the final week to get your taxes done ✅ staying on time with filing your taxes will avoid you from paying any penalties.
If you have any outstanding debt from the past year and you are receiving a refund this year, be aware that the CRA will apply your refund to the debt and reduce what you owe.
Want to know how to get rid of your tax debt? Contact us for a free consultation today 📲
04/24/2023
Credit card debt is one of the those tough debts that is hard to get rid of because it is revolving. Millennials are using credit more than ever because paycheques are simply not cutting it to sustain living expenses 💳
Here are some tips for reducing your credit card debt. If you are not able to get rid of your debt completely, consider keeping your debt below 30% of the total credit balance you carry
04/20/2023
Spring is always a time for new beginnings and growth. Just like florals start to come in bloom, we should think of new goals that we can start to bloom and achieve for the remainder of the year 🌸
New goals like saving for a much-needed trip, paying off your credit card or saving for other special milestones are positive things we can look forward to ✨
Always think positive and visualize your goals and they will be closer to achieving than you think🌈
04/19/2023
Living paycheque to paycheque refers to spending your entire paycheque before receiving the next one.
This paycheque to paycheque lifestyle can happen at any income level.
It generally occurs when:
✔️ a budget isn’t being followed
✔️ there isn’t savings set aside for a rainy day
✔️ you're living outside of your means
✔️ an unforeseen loss of income occurs
Here are 5 ways to avoid living paycheque to paycheque:
1. Create a budget and stay accountable
2. Pre-authorize bill payments to line up with your pay schedule
3. Make regular contributions to your savings account
4. Monitor your bank account to stay out of overdraft
5. Start an emergency fund and prepare for a ‘rainy day’
04/12/2023
We love to hear feedback from our clients because it gives us insight on how well we did on their case and how satisfied they are with the experience 💙
Have you worked with us before and had a great experience? We would love to hear your feedback ☺️
✏️ Comment below with your opinion or head over to Google to write us a review
💌 Link to Google is in stories/highlights
04/09/2023
Wishing everyone a Happy Easter and hope your weekend has been filled with family, love and happiness 🐣☺️
04/06/2023
Credit cards can be a great asset, but they may tempt you to overspend. Here are 5 tips you can follow to make sure you don't overspend on your credit card 💳
✔️ Only spend what you can afford to pay off right now
✔️ Avoid impulse purchases
✔️ Start tracking your spending
✔️ Don't let rewards tempt you
✔️ Avoid store credit cards
Have more questions on how to manage your credit card debt? Contact us for a free consultation today 📲
04/05/2023
Curious to know on average what types of groceries Canadians are spending their money on? 💵
Here is a breakdown of the top 5 grocery items we spend our money on. Meat is the biggest player on our grocery list and it may not be because we are buying more meat but with inflation, it is costing us more to buy the same amount of meat we have always been buying.🥩
Want to cut back on your meat purchase? Try vegetarian and legumes alternatives that are rich in protein and fibre ✔️
04/03/2023
After a year that saw food prices increase by numbers we have not seen in decades, reports suggest that the cost of groceries in Canada are expected to continue to rise in 2023. Studies suggest that the food prices will increase another five to seven percent and these price hikes will be seen across all food groups 🥙
Researchers believe that a typical family of four will be spending an average of $16,288 on food over the course of 2023. This is an increase of $1065 from the year before. A couple will spend $7711, which is a bump of more than $500 from 2022.
Budgeting is more important than ever when it comes to your grocery bill. Starting with purchasing only what you need can help eliminate excessive purchasing 🛒
03/30/2023
Don’t forget that you have until April 30th to file your taxes for this year 📝!!
It is also important to clear up any past tax debt you may have before filing your recent taxes that way you can stay on track ✔️
Find out how we can help with you tax debt!
03/28/2023
Curious to know how much debt you should be carrying as a small business? Use this calculation to see how much debt you are carrying.
If the ratio is over 5, then you may have a problem.
Need help with your business debt? We got you covered!
