Losing your job can be a very emotional and stressful experience – but it’s important to stay in control and land back on your feet. From saving a rainy day fund to knowing your severance pay rights, these tips will help you through such a difficult time.
There’s no way around it – kids are expensive! Fortunately, there are resources for cash strapped parents. Check out this list of government programs, along with the investments to make now to get your kids started on the right financial foot.
There’s no way around it – kids are expensive! It costs an average of $242,000 to raise that bundle of joy to the age of 18. For new parents, though, the first year of costs can be an especially terrifying challenge.
Starting a family is a big deal for your life, your body and your pocketbook. Taking some time off to raise a child, fortunately, is protected by law in Canada, as is your right to have a small income while you’re caring for your baby. However, taking a maternal or parental leave means navigating a complex system full of paperwork, federal and provincial law, and rules that can be hard to understand.
Being your own boss certainly comes with some sweet perks- nothing beats creating your own schedule and choosing your work. But self employment can leave you more vulnerable in times of need, and present unique challenges if you’re looking for some extra cash. Fortunately, you are still eligible for employment insurance and loans – the key is to be prepared.