Apr 23, 2012
Dreaming about ditching the nine-to-five? Here’s how to turn your passion into profit!
Raise your hand (from your laptop) for a moment if you fantasize – on Monday mornings in particular - about ditching the rather mundane nine-to-five paycheque to start your own creative business. Yes, even if you’re already making a few bucks with your one-of-a-kind bags, beauty products or bling, it can be hard to make the leap from doing something as a hobby to doing it for a living. read more »
Apr 16, 2012
Women’s reluctance to negotiate has big financial repercussions
The disparity in pay between men and women in the workforce is nothing new (though thankfully, narrowing). The glass ceiling is still in place in many professions, but some experts say the salary gap isn't the fault of employers; it's the women who are to blame.
According to Dr. Linda Babcock and Sara Lashever, authors of the book Women Don't Ask, the real reason why women aren't rising up the pay scale is because we're too scared to sit down at the table. According to multiple studies conducted by the authors, it's our reluctance to negotiate for ourselves that forces us to miss out on salary increases, promotions and other advancement opportunities that men commonly (and aggressively) pursue.
And it's at a considerable cost.
read more »
Apr 2, 2012
For women, financial literacy is about learning from others - and learning to rely on ourselves
Financial literacy. It’s a formal phrase that’s tossed around, but it just doesn’t get to the heart of the matter, now does it? Maybe that’s why so many of us aren’t sure how to define financial success – and we’re even less sure about how to manage our money to get there. Charts, graphs and long-winded explanations of compound interest are often offered up as a solution. But new research by Barbara Stewart, a Chartered Financial Analyst (CFA) who specializes in financial counselling and portfolio management, suggests that this dry data just doesn’t ring true for one group in particular: women. read more »
Mar 26, 2012
Over the last 35 years, an amazing thing has happened. Women are earning more. A lot more. In many cases, we are earning more than men and often, more than our husbands. This is big news – it has made the cover of both Maclean’s and Time magazines.
According to Maclean’s, in 1976, only 11% of Canadian wives earned more than their husbands. In the 1980s, that number increased to 19%. The last time Stats Canada measured, in 2009, 31% of wives in dual-income marriages earned more than their hubbies. In the US, the figure is even higher, where almost 40% of working wives out-earn their husbands.
read more »
Mar 26, 2012
Everything you need to know about paying off your Canadian student loan
You did it. You battled through your post-secondary education, slid your tassel from right to left on graduation day and hung your shiny new degree on the wall.
But somewhere between basking in your accomplishment and your first job interview, it happens: a letter arrives from the National Student Loans Service Centre – your Study End Date Notice.
Yep, it’s time to pay back your loan… read more »
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