Category: Personal Finance
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How Easy Is It To Make An Income From Property?
When it comes to diversifying your income strategy, property investment is an area of which a lot of people opt to turn to. Everyone knows someone who has managed to make a huge fortune thanks to a smart investment in property, which is why so many people are so interested in the property sector as…
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Can I Get Health Insurance in Canada as a Visitor?
Canada is a country renowned for its breathtaking landscapes, diverse culture, and high-quality healthcare system. If you’re planning a visit to the Great White North, you might be wondering about your health insurance options as a visitor. Health is a top priority, and understanding how to access healthcare services while you’re in Canada is essential.…
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How to Pick a Reputable Criminal Defense Lawyer
Defending yourself in a court of law against a criminal charge is not easy. Being accused of a crime is distressing and scary- whether you’re innocent or at fault. The criminal process can be overwhelming and confusing. There is plenty of paperwork, evidence to gather, and answering a myriad of questions from police officers. Any…
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Increase your wealth by reducing your taxes
In our journey to build wealth, we are constantly looking for ways to increase revenues, reduce expenses and invest wisely. If you earn more than $80,000 per year guess what is one of your biggest expenses… Taxes! In Canada, a person in a higher income bracket is already paying more than 50% of his income…
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My financial problem: I will die with too much money
I have been thinking about retirement lately, mostly because I am 56 years old, and usually, at this age, the topic of retirement comes up often in conversations. Doing a quick back-of-the-envelope calculation, I discovered that I can increase my spending by 50%, never work a day for the rest of my life, and still…
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Transitioning from Accumulation to Distribution
I have been saving since I arrived in Canada 25 years ago. During my first year I saved as little as $10 month, but in general I saved about $25 during the first 10 years, then I increased the amount I was saving to about $500 per month and during the past 5 years I…