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Business Money - Feed News by Canada.com
Find the latest news stories from Canada.com on the topic Business Money.
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Beware of debt settlement scams
In debt-settlement programs, the client is often left holding the bag for a debt far greater than the original amount, and out of pocket thousands of dollars in fees, writes Brenda Shanahan
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Scrooge's slant on smartphone payments
Jason Heath: 'it might just be that online banking, automatic debits and mobile payments have detached us from our money and turned us into zombies who give it away too easily'
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The psychology of debt
The decision to spend or save, splurge or hoard money really comes down to a consumer's confidence about the future or their fear of it
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Student debt: U.S. students finding leniency
American educators and policymakers are looking for new solutions to a mountain of student debt that has reached the $1 trillion mark. Some are getting payment holidays, others have their debt forgiven
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Got a house? You need a will
Garry Marr: While a new survey suggests 58% of Canadians don't have a signed will, there are signs that the housing boom and the wealth it has generated has encouraged more people to put their plans in writing
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Teachers' Pension Plan CEO offers 'dose of reality'
Comment: Ontario taxpayers received a painful dose of honesty from the Ontario Teachers’ Pension Plan President and CEO who admitted the funding formula is broken and that revolutionary changes are needed
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Fee-based financial planning isn't for everyone
Fabio Campanella: While I do believe the fee-based method can lead to a more objective relationship between the advisor and the client there are still several drawbacks to the fee-based approach
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Parents struggle with the 'money talk'
Parents have just as tough a time talking money with their kids as they do teaching them about sex, to the point where they lie about or avoid money topics on a regular basis, a new study finds
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Retirement: Ensuring a life-long income stream
When you consider that you could be spending 20 years or more in retirement, chances are high that you will encounter several ups and downs in the market, and so it’s important to weigh your risk exposure relative to your need for secure income
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We know what you're doing this weekend
Time is running out for millions of Canadians that still haven’t filed their 2011 tax return, statistics suggest that almost half wait until the last week
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When your credit card is denied
Financial institutions are feeling the pressure of keeping up with armies of hackers who steal personal information, swipe card numbers and load those accounts with false charges
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Really last minute tax tips
With just days to go before the April 30 tax deadline, we have some really last minute tips for procrastinators
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Hidden fees: Ask for the full picture
Hidden fees are a major irritation for investors. If your adviser didn’t provide you with a detailed breakdown of the fees you are paying, ask for it now
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Superheroes have money troubles too
Spider-Man needs to think about caring for his elderly aunt, Iron Man needs to get serious about getting charitable and it might be time for Mole Man to put something away for a rainy day, writes Garry Marr
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These gains not so capital
How much tax, if any, should we pay on capital gains? The question has received renewed attention recently, with U.S. discussions about whether taxes should be raised on the wealthiest 1%
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Family puts pampered pets first
Family Finance: These Toronto condo dwellers spend $650 a month for their pets. Luckily the rest of their lives are rather frugal
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Big debt the downside of loading up on real estate
Having a proliferation of rental properties being held by everyday people is cause for concern. People not that far removed from retirement are more than a half-million dollars in debt from mortgages and HELOCs
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