Tag: saving money
Saving for a Down Payment
By: Elias KellendonkAny down payment that totals less than 20 per cent of the property value will require mortgage default insurance, and be considered a high ratio loan.
Refinance and Consolidate Your Mortgage
By: The Super BrokerDebt consolidation or a Mortgage Refinance can cost effectively remove debt, and can make the financing of your future projects that much easier.
How to Compost
By: Elias KellendonkMake your Backyard Greener Composting is an easy, inexpensive way to ensure your planting soil is getting the nutrients it needs. Compost and leave and grass mulches improve soil texture, prevent erosion, better hold moisture and encourage healthy plant growth. A healthy yard often means a healthy home – less opportunities for water to seep …
Home Energy Audits: Government Rebates to Fix up your Home
By: Elias KellendonkIt’s a win-win situation: renovate your home, improve energy efficiency, lower your monthly bills and get up to $5,000 back in an ecoENERGY grant to pay for a portion of it. That’s exactly what the Government of Canada is offering through the ecoENERGY Home Retrofit Program, which was extended June, 6 2011. In order to …
Investment Strategies for Young People
By: Elias KellendonkHelping Your Kids Get into Investing Early In this Internet-dominated, economy-fearing age it may be possible that your kids will out-know you in terms of stocks and trading before they finish grade school. American author Katherine R. Bateman suggests in her book, The Young Investor: Projects and Activities for Making Your Money Grow that no …
What is TFSA: Why Canadians should be Investing Tax-Free
By: Elias KellendonkHow will the Canada Tax Free Savings Account Guard your Retirement Funds? Registered or unregistered – that seems to be the question as Canadians plan and gear their savings and investment accounts toward retirement. Most experts advise that your investments gain a return in excess of two per cent in order to beat annual inflation. …
Fixed-Rate Mortgage Predicted to offer the Best Mortgage Rates over the Next Five Years
By: Elias Kellendonkselecting a fixed-rate five year mortgage term over a variable rate mortgage could grant Canadian mortgagors the best mortgage rates over the next five years
The RESP Savings Calculator
By: Elias KellendonkA RESP is a prime method for Canadian parents or guardians to put away education savings dollars for their children or beneficiaries and watch them grow tax-free.
Purchasing Homes for Sale by Owner in Canada
By: Elias KellendonkHouses for sale by owner are still governed by the same laws as houses for sale in Canada that are represented by a real estate agent.
New Canadians Know More about Saving, Less about Fraud
By: Elias KellendonkWhile new Canadians are more likely to be victims of fraud, their knowledge of credit and saving skills are more extensive than the general population’s.
