Category: Personal Finance
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TFSA vs Roth IRA – What are the differences?
Are you moving across the Canada/US border and planning for the future? Well then you may be wondering what the different government savings plans are. One of the most common questions among people who are thinking of switching countries (from the US to Canada) is what is the difference between a TFSA vs a Roth IRA.…
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The rich pretends to be poor, and the poor pretends to be rich
“The rich stay rich by pretending to be poor, and the poor stay poor by pretending to be rich.” I have seen this quote in so many places that I don’t know who to attribute it to. The original Bible quote goes something like this: “One person pretends to be rich, yet has nothing; another…
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The first $100,000 is the hardest. This is how you can get yours
Here is a quote by Charlie Munger, vice chairman of Berkshire Hathaway, Warren Buffett’s business partner. “The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do—if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your…
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No college degree Walmart employee goes from $6.25/h to $240,000/year
Journalist Sarah Nassauer, from The Wall Street Journal, interviewed Walmart’s manager Nichole Heart who started earning $6.25/hour at Walmart and now as a manager, she is earning $240,000 a year as a store manager. Walmart U.S. President and CEO Brian Furner announced a new average annual salary of $128,000 this month. High-performing Walmart managers now…
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7 Simple Ways of Avoiding a Business Disaster
Finding ways of avoiding a business disaster isn’t a guarantee, but it can certainly help. Anything can happen at any time, and you need to be prepared, yet most companies aren’t. Depending on the size of your business, there are a few things you can try. Even one of these will help avoid some of…
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Sending Money: What Should You Consider When Sending Cash To An International Account?
In today’s globalized world, sending money across borders is more common than ever. Whether you want to send money from UAE to any bank in India to support family, you’re paying for services in Brazil, or maintaining international business operations across Europe and Asia, the process of transferring funds internationally has become a staple of…