Financial strategy for government workers who may lose their job With the government budget coming up soon, all the talk during coffee brakes is about the layoffs. There is only one certainty – large number of people will lose their…
Tag Archive for budgeting
Home insurance on the way up
by Vasko DeLev • • 0 Comments
Blame the weather… It’s not because the insurance companies are getting greedy. It is the climate change to blame. According to Michael Tremblay, director of research with the Insurance Bureau, severe-storm-related water damage now comprises 44% of claims compared to…
Hidden cost of homeownership
by Vasko DeLev • • 0 Comments
Jumping in the real estate market should never be an adventure. The “Honey, let’s put an offer and see what happens” approach can land you in very stressful financial position. And, while most people do take homeownership very seriously and try to anticipate all the cost, some expenses may never get the required attention.
The mortgage rate dilemma
by Vasko DeLev • • 0 Comments
On the surface predicting mortgage rates changes should be very easy. Using only basic economic principles one can safely say: – Watch the bond yields. If the 5-year Government of Canada bond yield goes up, the 5-year fixed mortgage rates will go…
Six steps to a better credit score
by Vasko DeLev • • 0 Comments
Lots of people know the sad truth – it is very easy to damage your credit score, but not so easy to repair it. Still, the situation is not that hopeless. Most likely low credit scores are a result of unpaid debts, over the limit credit card accounts, judgements, bankruptcies, etc. If you find it difficult to get approved for a mortgage, then you should do the following:
Home Improvements: Where to put your priorities?
by Vasko DeLev • • 0 Comments
Often when discuss a home improvement project we focus on achieving more convenience, better functionality or improved look of the house. Such an approach may lead to spending money on things that do little to increase the value of the home itself.
What kind of remodeling projects add to the value of your home and what are better to avoid spending money on? MySpendingPlan.com has compiled a good list of things to do and things not to do when it comes to remodeling:
Five steps to building your financial muscles?
by Vasko DeLev • • 0 Comments
Ballooning credit card debt? Expensive kids? Large mortgage? Feeling in over your head? Read below for 5 steps to help you build your financial muscle. Every day: Record purchases Keeping track of every dollar spent may seem like a hassle…