New Canadian ePassport is around the corner for Canadians

Standardized Passports Should Be The Norm   Check your Canadian passport expiry date because passport fees are going up July 1, 2013 and with good reason. If you haven’t heard of the ePassport, read on.  If you like to budget like us, then you will have to save for your passport renewal fees every month in your projected expenses just as we do. Now we will have to make changes since the price of the Canadian passport is going up. When I told my wife that my British passport didn’t expire for 10 years she thought that was a brilliant idea. The current Canadian passport expires every 5 years which can become a hassle for some people. I’m not sure what has taken so long but as we evolve globally it’s important to be somewhat on the same page as everyone else. Sure it’s easy enough to make note of the five-year expiry date but five years is a long time and most people tend to forget. It’s not until they have to leave the country and find out that their trusted Canadian passport expires sooner than the start of their business trip or holiday. Either way, the passport will expire […]

Summer Jobs For Students: Tips For Finding The Perfect Job

By: Katrina Now that school is over, at least for College and University students, it’s time once again to find those perfect summer job opportunities.  For the majority of students, the summer means 4 solid months of money-making time that should not be wasted. So, what can you do to make the most of those months to save up tuition money and expenses for the following school year or to start paying down OSAP loans or other school debts? If you are University or College bound prepare your finances now rather than later because money can mount up fast when you don’t have a plan. It’s also a great way to plan ahead for your student budget before heading back to University or College if you know how much money you have earned over the summer months. Below are some tips that I’ve learned over the years which worked for me or others that I know to find summer season jobs to make money. Don’t be afraid to put yourself out there, after all most employers are looking for employees that are creative, go-getters and want to work hard for their organization. Seasonal Jobs Many landscaping, painting, and window washing companies as […]

Emigrating to Canada ~ Should I Rent Out My House

THINGS TO CONSIDER BEFORE THE MOVE   Canada seems to be a popular destination for UK citizens looking to start a new, more fulfilling life. Over the past few years I’ve known 3 or 4 different couples who’ve taken the plunge and made the tough decision to leave their life in the UK behind and start a new one living in Canada. As a former mortgage advisor some of those friends have questioned me regarding the biggest dilemma they face, after hiring an international moving company as they organize the big move to Canada, ‘What Should I Do With My House?’ Should I sell or rent out my house? If you’re a homeowner the decision of whether to sell or rent out your house has likely been plaguing you as you progress toward emigrating. In this article we’ll take a closer look at the option of renting and hopefully it will help you decide if becoming a landlord is the right option for you.   Emigrating Is No Ordinary Move   As you’re going to be moving to the other side of the world to live in Canada, renting out your home becomes more complicated than it would ordinarily be. Unless you can arrange […]

Canadian Law: Jury Duty In Canada Can Take Its Toll On Your Budget

THE LETTER THAT MOST PEOPLE DREAD   Jury Duty.. Not me… No way. Think again! While we were out for a walk back a couple of days ago we stopped by the post box to get the mail. Mrs. CBB started to read out loud, “A letter from the Ministry of the Attorney General, I wonder what that could be”. Honestly she was a bit spooked and thought something was wrong. She says you just don’t get a letter from the Attorney General for nothing, while ripping it open. A Letter for Jury Duty? She seemed confused and I wasn’t much help as I know nothing about jury duty selection and Criminal Law in Canada. Laws in Canada   Canadian Law and the Canadian Legal System is something I’m working on understanding although I’m not a Canadian Citizen yet just a permanent resident who’s been more focused on building credit in Canada rather than educating myself about laws in Canada. Although not on my top 5 things I love about Canada jury duty is still something important everyone who lives in Canada should learn about. I have not long landed in Canada from the UK but the amount I have to learn […]

Get Out Of Bed And Make That Change

Picture the lazy weekend morning: The sun is bright, the day is young, and you’re in bed. For many of us, myself included, the temptation to stay in bed and enjoy the comforts of sleep and warm blankets is easy to do. It’s simple to enjoy the moment, to be still and content. I’m pretty sure that even those with uncomfortable beds or lumpy pillows enjoy these lazy moments and would rather stay in bed than confront the inertia of the day. Similarly, for many people, it’s easy and comforting to go to the same job every day, to know what to expect, and to go with the flow. Even when they are not happy with their career or their co-workers, it’s easier to stick with what is familiar. Change is scary. For me, the fluffy pillow was the four weeks of vacation I received each year. The warm, cozy bed was the defined benefit pension that I could expect to receive at the end of the road. The relaxing state of wakefulness that we experience in the morning was the comforting knowledge that each day, I would do similar tasks with the same people and collect my salary twice a month. But […]

Multi-tasking-Saving or Wasting Time and Money For Employers

You’ve heard it before or you even said in a job interview that one of your of your greatest strengths was your ability to multi-task. For most you would assume that this is what employers want to hear by saying you can think and do more than one thing at the same time. Do all employers want an employee that can multi-task or that is driven in this manner? What is a multi-tasker? Multitasking is the best performance by an individual of appearing to handle more than one task at the same time. I believe that humans have different modes in the brain and they can turn them on/off depending on their mood. For the most part I believe that humans turn on a speed that they feel comfortable at to accomplish their goals. Not everyone is wired to be a multi-tasker and no they are not born that way they learn to be this way. Somehow the brain seems to think like a computer program and is running different programs at the same time yet completing the tasks for each set of goals. You are partially aware of what is going on around you and what you are doing. Have you […]

Building Credit In Canada As A New Permanent Resident

Building Credit all over again in a new Country is not easy but is certainly possible to do. I’m still here and living it up and don’t fancy heading back any time soon. I’ve battled through all the permanent resident requirements with my lovely wife at my side and it’s been such a learning experience that I hope to share with all of you. It took me just over 100 days from the time I sent out my package that I prepared to Immigration Canada to being accepted as a Permanent Resident of Canada. I am truly blessed to be living in such a beautiful country like Canada and all the opportunities it has given me. Now I’m doing my part and giving back. Many people who land in Canada as new residents often find themselves lost when trying to establish credit to build a credit history. New Permanent Resident When I moved to Canada from the United Kingdom I was what they used to call a “Canadian Landed Immigrant” now called a “Canadian Permanent Resident”. Although I did some research on a Canada Immigration Forum it was more about the legal aspect rather than the financial. I already knew how to […]

Strategies to Survive Unemployment, Job Loss,Injury and Disability At Work

When you get laid off, injured or become unemployed the money may stop coming in but the bills never stop. Are you prepared for this situation if it happens? Red Alert….panic sets in, frustration, stress, what will you do?  Collection agencies will come calling and doing everything in their power to get money from you if you don’t pay. They will even go as far as taking you to court if they believe you can pay and have exhausted all other avenues. Investing in yourself is, if not the most important tip you should take away from this post. You are your number one priority and you should take the time to know who you are and what you have to offer. That’s not all though, not everything you have to pay for comes in the form of a bill. You still need to pay for your food or whatever else you pay cash for throughout the month. Thank goodness for local food banks who try their hardest to keep the shelves full for local families in need and to those that donate. Please, I have to say, for goodness sakes stay away from those Payday Loan shops or you […]

%d bloggers like this: