by Michael Hemmings | Feb 14, 2013 | Business | Tech
Before some readers mob the Martlet office looking for my head, let me explain. In general, people don’t like taxes. Businesses, corporations and individuals all tend to feel that they pay too much tax to governments (municipal, provincial and federal). However, taxes...
by Michael Hemmings | Jan 31, 2013 | Business | Tech
From Jan 1. to April 30, we are in the financial season of the year, when two sets of financial matters hit us. So, in my next column, I’ll talk about taxes. In this one, I’ll discuss the Registered Retirement Savings Plan (RRSP). “RRSP” may sound boring and, if you...
by Michael Hemmings | Jan 17, 2013 | Business | Tech
To have credit means to have the ability to buy goods or services while putting payment off to a future date, based on trust that you will repay the debt. In other words, when you use a credit card, you are borrowing money from a lender and it has to be paid back....
by Michael Hemmings | Dec 13, 2012 | Business | Tech
Unique in the world of financial planning, the Tax Free Savings Account (TFSA) is one of many tools that help Canadians save for their financial goals. The federal government introduced the TFSA in 2009. It is, however, misnamed. It should be called a Tax Free...
by Michael Hemmings | Nov 29, 2012 | Business | Tech
Socially Responsible Investing (SRI) is any form of financial investment that seeks to combine non-harmful social impact with financial return. SRI promotes practices that consciously focus on human rights and social justice issues, fair trade, diversity and consumer...