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For families living on low incomes, tax filing offers access to tax credits, grants, bonds and subsidies that can ease their financial strains—for example, a family of four with an income of $31,000 could be eligible for up to $16,000 in benefits. Many people living on low incomes mistakenly believe that because they don’t owe taxes back, they don’t need to file. Others face barriers… Read moreMoney Management
I recently read this story in the Globe and Mail about a young man in Ottawa that managed to save $32,000 by the age of 26 after being in debt by $18,000 when he graduated. As a fellow member of the Millenials or Generation Y group—those of us born during between 1980 to 2000—I have seen evidence that the people of Generation Y want what… Read moreMoney Management