Monetary gifts from family members can assist new homebuyers to purchase a property, but they’ll likely require a mortgage gift letter. Learn why a mortgage gift letter is important and the information it provides to lenders.
From proving your income to keeping your credit score up, learn how you can boost your chances of getting a great mortgage while being self-employed.
Banks and lenders are not always too fond of risk. So if you’re self-employed but want to refinance credit card debt with a personal loan or get a mortgage – here are some things you should know about qualifying for a loan.
Clients often pay invoices late, it can be difficult to keep track of the taxes you owe, and just paying your bills on time can become complex since you’re not paid on a regular basis. Here are 6 ways to tame your finances and budget when self-employed…
Despite a slowing economy, Canadian small business continues to boom. Read more about the driving factors behind this entrepreneurial spirit, and what you need to know when considering the leap to self employment.
Perks may abound for the self employed, but one notable side effect to being your own boss is lack of company health benefits. Even with Canada’s enviable healthcare system, unexpected expenses incurred by prescriptions, disability or long term illness is enough to make anyone ill. Avoid shelling out when you’re under the weather by knowing your self employment benefit options.
Paying taxes may be a groan-worthy concept under the best of circumstances – but it’s a whole other ball game when you’re self employed. No longer relegated to springtime tax season, freelancers need to keep their tax requirements top-of-mind year-round. We’ve got a few pointers to help you navigate the world of receipt hoarding, harmonized sales tax and write-offs with a little less pain – and potentially more profit for you!
Welcome to life post-grad – and the Canadian job market. The time has come to put those hard-earned smarts to work – and start to receive a pay cheque. But what chance do new job seekers have given the current state of the global and national economy – and the seeming scarcity of entry-level positions? The trick is knowing where to look. Some Canadian sectors are seeing a resurgence – and in some provinces, the more, the merrier.
The self-employed (including small business owners) have always had a hard time getting mortgages. And pity those who’ve gone through a divorce, which can hurt in countless ways. A friend recently revealed that when she first separated from her husband, she had no credit rating. Here’s what to do when you don’t qualify for a mortgage.