about 1 week ago - No comments
The Credit Card Act of 2009 hasn’t even gone into effect yet, and it’s already had a major impact on the credit card landscape. Take, for example, balance transfer credit cards. Less than a year ago, you could apply for a no-fee balance transfer offer for 12 months. Today, there don’t seem to be any [...]
about 1 week ago - No comments
With tax season ramping up, the online tax preparers are out in full force! Last week, I reviewed the popular UFile, this week, it’s QuickTax Platinum, the download version (link). QuickTax offered to giveaway 5 copies of QuickTax Platinum download version to Million Dollar Journey readers (value: $69.99 each).
What’s the difference between the download and [...]
about 1 week ago - No comments
RRSP Deadline and Contribution Limit
A quick reminder that the RRSP deadline is fast approaching. For tax year 2009, the last day to contribute is Monday March 1st, 2010. Your RRSP contribution limit should be on last years Notice of Assessment (NOA) or 18% of your last years earned income up to a maximum contribution of [...]
about 1 week ago - No comments
The friendly folks at Ufile contacted me to help spread the word about ufile.ca (not affiliated). In doing so, they have offered to giveaway 10 online tax filing coupon codes for the readers of Million Dollar Journey. It typically costs $15.95 to file online which is a bargain compared to what accountants can charge.
What is [...]
about 1 month ago - 1 comment
There are various loans that are given by banks and lenders. Some of these loans are costly because the interest at which the loans are offered to a person is not cheap. The high interest rate makes the loan costly and people who get a loan from financial institutions try their best to obtain a [...]
about 1 month ago - No comments
Getting subprime personal loans is something that many people are required to do when times are tough. You do not always have the money that you need to make it through. Emergencies come up and situations present themselves that require you to borrow money from someone. When your credit is not as good as it should [...]
about 1 month ago - 3 comments
How to properly evaluate income property @ Canadian Money Forum
Six new ETFs from iShares @ Canadian Capitalist
The Allowance Game @ Canadian Dream
Personal Finance at Ridgemont High @ Four Pillars
How to Benefit from Chaos in Your Life @ The Financial Blogger
How risky is starting your own business? @ Thicken My Wallet
Severing The Link Between Price and [...]
about 1 month ago - 1 comment
A good interest rate on a small business loan will largely be based on the credit score of the business or business owners. While limits and terms can be based on income or revenue, the interest rate is typically largely based on credit score. For that reason, a business should improve its credit score before [...]
about 1 month ago - 1 comment
People without checking accounts can still get loans, often unsecured personal loans, but these will come with a high interest rate. Make sure to understand the contract before signing up for an unsecured personal loan with help from a financial planner in this free video on personal loans and money management. Expert: William Rae Contact: [...]
about 1 month ago - 1 comment
To get a mortgage bad credit rating type of loan you must meet certain requirements that will make the lender want to work with you and not consider you too high of a risk to offer a mortgage loan to. Mortgages are easier to get than other types of financing simply because you can’t exactly [...]
about 1 month ago
It would be best to start your credit with a regular credit card (Visa, Mastercard, etc) rather than a store credit card. The reason for this is b/c once you have paid the card off, in order to keep the account active you need to continue to make purchases. Go to and look at a card that has low interest and no annual fee. Also, if you have the available funds to pay for the bass, why pay extra on interest? I suggest you open up a card, make 1 purchase every month (groceries, gas, etc) and pay off the balance in full on time, every month. I urge you to never spend more than what you can afford. This will help you slowly build your credit and increase your score. By the time you are ready to buy a home, your credit will be superior and you will get the best interest rates.