How to Become Better at Saving

How to Become Better at Saving

Sleep on decisions Avoid making impulse purchases by promising that you will sleep on the decision. Set a limit. For example, you could tell yourself that any purchase over $200 requires 24 hours of decision making. Make mindful decisions Take a step back and make...
The Shareholder Loan

The Shareholder Loan

As a small business owner and perhaps sole shareholder of your business, you’ve probably heard about an account called a shareholder loan.  The company you own can loan you funds for various purposes.  Sometimes this in the form of advances you take throughout the...
Don’t Forget About RESP Contributions

Don’t Forget About RESP Contributions

If you have children, and you’re already starting to save for their college or university education, you likely have a RESP – Registered Education Savings Plan. It’s a savings plan that allows the beneficiary to receive the funds to pay for education when they attend...
Deduct Accounting Fees On Your Tax Return

Deduct Accounting Fees On Your Tax Return

Among the many deductions you can make on your annual tax return, did you know that you can also deduct any fees that you pay to an accounting professional or firm, for the preparation of any tax or accounting? Check out this great article from the Canada Revenue...