Archive | Financial Literacy

Intuition or Analysis?

How do you make your business decisions? Do you do research, run the numbers, talk to advisors? Or do you “go with your gut,” which is a more down to earth way to say intuition. A decision, by its nature presumes that there are choices. You can expand your business or not, sell your business […]

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Talk to Your Executor

One of the “accounting jokes” that I tell involves making sure that the executor of your will understands your wishes. The joke goes like this. What if there is a hereafter? Do you want to spend it wishing that you had explained something in your will better?  Now I do appreciate that accounting humour is […]

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Principal Residence Declarations

Since 2016, Canada Revenue Agency has required Canadian residents to report the sale of any principal residence on their tax returns. If you sell your home and report it on your tax return, you should not have any problems with CRA, provided the home was really your principal residence. Recently, CRA was advertising that they […]

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Painless Financial Training Group Inc. with Debi Peverill

Understand Financial Stuff, Painlessly