Does Thanksgiving dinner leave you feeling like a turkey? Hosting dinner for friends and family can leave you feeling thankful, but let's face it, putting on a Thanksgiving spread isn't exactly cheap! But what if there were a way to cook for a crowd without spending a bundle this year? With these tips you can have a fun, festive and frugal holiday dinner without sacrificing taste or quality.
The U.S. debt was $1-trillion in 1982, and at $12.1-trillion just four years ago. It's now at $16.7-trillion and needing to be raised on Oct. 17th, or the country will be unable to pay its bills and will default on debt payments. This sends a clear message to a debt-ridden populace: that their own government doesn't even take debt that seriously.
The financial press in Canada has been identifying our deficient economic productivity for several years now. In 2012, the Financial Post ran a column entitled "Canada's productivity gap is looking worse than ever. There may be opportunities to influence our growing debt problems in the country through programs comparable to those used to stimulate our economy's productivity. If tax credits and other incentive programs can be formulated to help stimulate our productivity gap, are there similar policies that could find ways to help those looking to start their own business, create jobs and directly impact the economy and productivity?
A government's claims of economic competence must surely depend upon a sound record in certain crucial areas -- such as economic growth, debt reduction, balanced budgets and management of the tax burden. On all four counts, the Harper regime is a serious disappointment. As for taxes, that's where Mr. Harper brags the most. But check reality! While claiming they never raise taxes, the Harper Conservatives have in fact increased the net tax burden on Canadians in each of their last four budgets. It happens in dozens of nefarious ways which they hope you won't notice.
Is college or university a waste of money? For some people it is, for others it is a great investment. The point is that you should crunch the numbers and carefully consider your decision up front, so many years from now you are not looking back wondering how you will ever pay off that massive student loan.
It's a wonder that the heads of state and heads of government of the G20 who just met in Russia spent any time at all talking economics. Seriously, how could they pull themselves away from discussing Syria (or Sochi, or Snowden) long enough to actually focus on the international financial system? Sure, that's the explicit purpose of the G20 meetings, but still, let's give credit where credit is due.
Conventional wisdom says that debt used to purchase something of lasting value, like an investment, or a house, or a car, is good debt, because you benefit from the purchase. An example of bad debt would be borrowing to go on vacation, because when the vacation is over you have nothing to show for it. In some cases both of these examples are true.
Those graduating from post-secondary programs this spring faced the harsh reality that student loan debt in the country has exceeded $15 billion. When our financial leaders speak of Canada's current personal debt, they speak about monetary considerations like tightening mortgage rules and anticipated interest rate increases. But we don't hear many comments about current debt loads that go beyond the economics of the issue. What about the social changes that may be required to dealt with, or simply result from, all this debt?
TD Canada Trust recently released a report that was a little surprising, both from a financial and social perspective. It indicated that one-in-five baby boomers (19 per cent) admitted to researchers that they would consider jeopardizing their own financial stability and future in order to help their adult kids financially. But is that good?
The BC Liberals and particularly Premier Christy Clark deserve the praise they're receiving for their surprise electoral victory. After all, the Liberals reversed a double-digit deficit in the polls and ended up securing a majority government. This moment of jubilation for the Liberals and their supporters will be short-lived however, as the reality of governing in difficult times takes hold. The litmus test for the success of this government, which they themselves established, is the success of the economy and in particular, jobs.
Most people would agree that you shouldn't have to pay someone else's tax bill. Despite all of the myths surrounding tax filing, this one is actually in accordance with Canadian law. If a relative of yours were to die owing money, you have no obligation to pay their debts. It doesn't matter who they are, parents, siblings, aunts or uncles. If they have spent all their money, and die having nothing but debts, you're in the clear. However, unlike people whose debts die with them, a government's debt is carried forward forever (or until it's paid off). As we move through time, we're getting closer and closer to the point where it will be impossible to "clear our tab."
Everyone said I had to use LinkedIn when I was working to launch Zillidy. I currently have over 600 LinkedIn connections, which according to the website links me to over 10.5 million professionals. So why is LinkedIn such a powerful tool for small business? I believe it's because of the following reasons.