Just Some Rambling

I have been thinking about the changes that come with Spring: the days are longer, birds start to sing again, and new growth is everywhere.  Together with the New Year, this is a common time to make changes in our life, so I’ve put together some ideas on how you might  save a penny or two.  By saving these pennies, we can have more cash in our pockets, and feel richer, less stressed, and able to meet our financial obligations.

When it comes to personal taxes, the best place to be is at zero.  We should not be excited when we get a refund; it means that someone has held your money, has not paid you any interest, plus you’ve lost all access to that money.  If you are self-employed, the goal is to put away approximately 25% of gross income for both HST remittance and personal taxes.  If you’re an employee, you want the employer to take off just the right amount of money.  You can go to your employer and have the deduction changed, usually by completing some simple paperwork.  A zero balance on our taxes keeps as much cash in our pockets as possible, without the shock of owing the government at year end.

With spring already here and summer just around the corner, consider the great outdoors rather than a membership at a local gym.  There are probably walking trails, running tracks and bike trails within easy reach, and even sidewalks just outside your doors.  Most of these activities require only a quality pair of shoes and your time.  To quote a friend, “air and water are mostly free so take advantage of them”.    Your local community center is usually less expensive than a private club and can be an alternative for those who like to be inside as well this can be a great option for the winter.

Watch for my next blog and more money saving ideas.

For information on personal cash flow contact womenswealthness@live.com

Small Business Saving Tips
Thursday, May 10, 2012
10:00 -10:45 am PST
*FREE Webinar

Do you want your business to be better organized and more profitable? Are there systems and habits you could change to make that happen?

Organizing Help and smk Business Services want to help with a free webinars that includes time and money saving tips to make your business more productive and profitable.

If you are interested in participating please send an email to womenswealthness@live.com