General

Retirement At 65 Is Not For Everyone

Not everyone is ready to retire at age 65.  Some people, who absolutely love what they do, never want to retire.  Others are ready to call it quits from their main job by age 50.  They may have dreams of travel or starting their own business, volunteering, or pursuing a hobby.

If you are getting close to 65 and you’re wondering whether or not you really want to retire, consider the following:

1. Do you love what you do everyday?  If you are still thoroughly enjoying your work, why quit?

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Taxes

Self Employed? Your Tax Deadline Is Coming

Here are some of the most common questions:

  • Do I need a business number? – You do not need a business number to report business income on a T2125 Form. This form records your business income and expenses as part of your personal return. And you need to pay CPP premiums if you earned more than $3,500.
  • Can I have losses? – You can have losses on your business that can be used to offset other income. If the losses exceed your income from other sources, you have a non-capital loss which can be carried forward to years when you have more income.

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General

Why We Hired A Real Estate Agent To Sell Our Home

My husband and I recently sold our home and beforehand we had had a hard time deciding whether or not we should hire a real estate agent.  We knew that we would have to ask for more if we hired an agent, as we would want to recoup the commission costs.

We looked into various options for selling our home privately including using Com-Free and decided that with working full time it just wouldn’t be worth the stress.  We decided to hire a professional to do the work for us and hope for the best.  We knew it would be so much easier even if it would end up costing us more.  Sometimes it’s worth the extra money.

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General

Our Grand Adventure – Taking Some Time Off Work

After planning for over a year, my husband and I have begun what he call our “Grand Adventure”.  We have taken the plunge and both quit our day jobs.  We sold our home and gave away the majority of our things.  The rest are being stored with friends and family.  We are free to do what we love, at least for a little while, and when we do go back to the norm again, we trust we will be refreshed and ready to take on new challenges.

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General

Become A Freelance Writer And Make Extra Money

If you want to make some extra money, and you enjoy writing, you may want to consider signing up to do some freelance writing.  You can write about what interests you and someone will pay you for it.  Not a bad deal!

A lot of people write as a hobby but they never take it a step further and actually write to make extra money.  If this sounds appealing to you, I recommend that you check out suite101.com.  You can benefit from having the flexibility to write when you want, and about whatever you want.  You will also be able to share your thoughts with others so they can benefit from them, too!

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