Simplify your finances
7 of 9
Simplify your finances
The KISS principle is a good one to live by when it comes to money. De-stress by de-cluttering your financial life. Have no more than two credit cards (one for emergency backup) and reduce the number of bank accounts. Bring all your insurance policies under one firm’s roof and you may be rewarded with a discount. Pay off high interest retail credit cards with a lower interest line of credit and then get rid of them. If you have multiple RRSPs, TFSAs or RESPs at different institutions, consolidate these as well. And get rid of any financial service you don’t need such as overdraft protection and credit card balance protection.
he BTV Weekly Market Wrap for Friday, May 24, Taylor Thoen reporting. This week: What is Stephen Harper doing for mining? Two acquisitions valued at ... More he BTV Weekly Market Wrap for Friday, May 24, Taylor Thoen reporting. This week: What is Stephen Harper doing for mining? Two acquisitions valued at $1.1Bil, and a $155Mil financing! Highlights of this business week: Canadian Prime Minister Stephen Harper announced aid for Canadian mining investments. TD Bank Group (TSX: TD) reports net income and adjusted earnings. Silvercorp Metals Inc. (TSX: T.SVM) reported net income along with silver and gold production. Bayfield Ventures Corp. (TSX-V: BYV) reported drilling from Rainy River, NW Ontario. Lucara Diamond Corp. (TSX: LUC) has sold 15 Karowe diamonds for over $24 Mil. Fortuna Silver Mines (TSX: T.FVI) announced exploration drilling results Mexico. Yahoo (YHOO: NGS) makes a sizable offer for Tumblr. Apax Partners will acquire rue21 Inc (RUE.O). FINANCINGS: Arsenal Energy Inc. (AEI: TSX) Maudore Minerals Ltd. (TSX-V: MAO) Paramount Resources Ltd. (TSX: POU) Allied Nevada Gold Corp. (TSX: ANV)
Date 4 hrs ago, Duration 4:05, Views 15
Video by: BTV - Business Television | BTV - Business Television CEO Clips
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Have your say
How many credit cards should one person have?
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- 73 %Just one. Credit cards should only be used for emergency situations.
13,319 votes - 16 %As many as you can. Credit cards are a great way to make purchases and get great rewards.
2,967 votes - 11 %None. You should never buy anything on credit.
2,007 votes
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