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When the virus struck it affected people on many different levels. The first priority being to protect their health so they would not contract this deadly virus. This led to some major changes like working from home on reduced hours or being temporarily laid off. The Canadian government did come to the immediate rescue as…
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If you are going to buy a house chances are you are going to need a mortgage. For those that are new to this type of financing, it can be a little confusing. For this reason, most will go to their bank where they feel comfortable arranging finances. But, there is another option and that…
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For a lot of people, their retirement plans were not a priority as they were dealing with the reality of the pandemic. However, amidst all of this, the routine of keeping the finances in order must be followed through with. In fact, with a lot of people having more spare time on their hands now…
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Most people use their credit cards on a constant basis. During the COVID-19 episode, a lot more people relied on these to help them get through financially. Many used them for purchases that they may usually use cash for. Items that became common to buy with the credit cards during this time were groceries and…
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There are a lot of different decisions that young people have to make especially during their twenties. Many are new to the workforce and are spreading their wings. They no longer live at home and some are already in a relationship. Now is the time they have to start thinking not only about their current…
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Now that the initial shock of the COVID-19 virus has passed the focus on attention is turning to the individual needs for most people when it comes to their future. They are now adjusting to the term the “new norm.” There different categories of concerns and one of these is for students. They are faced…
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Some may be thinking that now may be the ideal time to buy that house that they were thinking about. Thinking this way is based on the low mortgage rates. However, for others there are big concerns about the instability of the economy. The opinion of the near future is split. Its Going To Get…
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In today’s world, everything is about convenience which is contributed to by automation. The easier something is to do the more convenient it is. This is the way that some people feel about banking and its offspring of going paperless. While a lot of people have adopted the use of the internet for looking after…
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It’s never pleasant to think about what would happen if your relationship with your spouse in the event it were to break up. Married couples have a fair idea as to what would happen in their situation. Common-law couples however often have some misconceptions. The Fifty-Fifty Assumption A good number of common-law couples believe that…
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The effects of the COVID-19 have been many, with one of these being the finances of every individual no matter what their financial status is. It creates a ripple effect. An excellent example of this is for those that have the responsibility for paying child and spousal support. General Rules The general rule is that…
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