Bank finance articles and tips

Since I live in northern Canada, I do not have the coupons and discounts available that I see in larger centres. I have tried to shop more frugally, scouring the papers for the best deals, running around town to get them only to find out the "TWO" items they brought in (probably Loss-Leaders) are sold out. In the end I wasted half my day and still did not have everything on my list, and gave up with "shopping just because it was on sale." And you know what? I started to spend less!....

If you are running your small business or self-employment activity as a sole proprietorship, are you wondering what federal taxes you are required to pay? Read on to find out....

The weak economy has many companies making staffing cuts. Although most employers recognize the value of their human resources, they just cannot justify the cost of running fully staffed when sales are down. Too many times, layoffs and downsizing become unavoidable and longtime, trusted employees find themselves without jobs. One way companies can minimize the negative impact of downsizing on their employees' lives is by hiring an outplacement firm specializing in executive job searches to help them find new jobs. The best part is that, by helping their employees, they help themselves as well.

Coming out of college in the current economic climate is a scary situation. Even assuming recent grads are lucky enough to be able to hit the ground running with a steady job, there are a lot of other factors to consider in order to maximize one's financial situation. There are many important questions to ask yourself. If I move out of my parents' house, should I rent or own? Should I save money and live at home for a few years? If I need a car, should I finance a new car or buy a less expensive used car? Should I pay off my student loans early or make low monthly payments? Each of these situations presents a different opportunity cost, and, really, the only right answer to any of the questions is to weigh the different outcomes and determine what will work best for you.

It happens out of the blue... you are hit with a sudden emergency problem that requires you to spend money you can't really afford. Of course, this kind of misfortune always happens when you least expect, and at the wrong moment. You're up to your neck in debt as it is, but now you have to find some way to pay for this urgent issue that's come up. You check your bank account and realize that it's running on fumes. In fact, you pretty much live paycheck to paycheck and don't have enough to cover this unfortunate expense. It's times like these that you wished you had listened to that famous financial advisor on TV that recommended setting up an emergency fund.