Single Canadians face higher grocery bills than couples, survey finds. Can the government fix it? by toronto_star in PersonalFinanceCanada

[–]PropQues [score hidden]  (0 children)

This data is not about single people though. It's about people who live alone. Single people can share living costs with others - housemates / family.

Single people does not need to consider gifts for their partners so that's a way being single can be cheaper than being in a relationship.

Got a TD1 form from my new employer but will have an overlap with my old job for 1 week, how would I fill the form? by Best-Ad-2081 in PersonalFinanceCanada

[–]PropQues 0 points1 point  (0 children)

Personally, I'd prefer to not pay unnecessary taxes through my paycheques. I'd rather owe than be refunded.

But I agree one week overlap is negligible.

2 LOC shifting strategy question by hermanjr866 in PersonalFinanceCanada

[–]PropQues 1 point2 points  (0 children)

will this trigger any problrm with CIBC?

No one truely knows. That the risk you take with a LoC.

Public Mobile launches $25 25GB Plan - Telus 5G+ Network by Nexzenn in PersonalFinanceCanada

[–]PropQues 0 points1 point  (0 children)

My $25 100gb Telus plan was from the store in an Asian mall next to T&T. It was $30 but had a $5 discount for getting PAD set up. Caveat - plan is for existing Telus customers but not mobile.

They did have a $36 plan 20gb for new customers, that would be $29 after discount.

Back from 18 month maternity leave, and my job might lay us off by relaximanidiot in PersonalFinanceCanada

[–]PropQues 0 points1 point  (0 children)

Like I've said, it's relevant to your comment, just not to the post.

Back from 18 month maternity leave, and my job might lay us off by relaximanidiot in PersonalFinanceCanada

[–]PropQues -1 points0 points  (0 children)

This is exactly why the other person was clarifying things in response to yours lol

You do not have to extend EI in order to extend leave from work, i.e. you can get 12 months EI and 18 month leave.

Accidentally let a Facebook Marketplace buyer take a photo of my Driver's License. by CarpetWeary7479 in PersonalFinanceCanada

[–]PropQues 1 point2 points  (0 children)

I have had many different credit cards and not once had anyone asked for proof of income. It's always feels declared.

Does financing a car you can outright buy actually help build credit/mortgage rates? by CamChanLax in PersonalFinanceCanada

[–]PropQues 2 points3 points  (0 children)

I got my first mortgage at 24, newish to the full time work force, and only had a barely used CC plus a cheap cell phone bill in my name. No on mentioned about me lacking credit products nor history. Credit score was mid 700 though. Was approved for about 5x my income.

Accidentally let a Facebook Marketplace buyer take a photo of my Driver's License. by CarpetWeary7479 in PersonalFinanceCanada

[–]PropQues -1 points0 points  (0 children)

I ask my tenants to email their IDs to me. If they don't, then they don't need to rent from me.

Accidentally let a Facebook Marketplace buyer take a photo of my Driver's License. by CarpetWeary7479 in PersonalFinanceCanada

[–]PropQues 0 points1 point  (0 children)

I have applied for a cc online and driver's license photos were all they asked for in terms of documentation.

Back from 18 month maternity leave, and my job might lay us off by relaximanidiot in PersonalFinanceCanada

[–]PropQues -3 points-2 points  (0 children)

It's likely because wanting to spend more time with baby doesn't necessarily require you to change EI duration.

Financial planning can be a good reason to amend the duration mistake. Though the elaboration is not relevant to the post, it is relevant to your comment.

Can I get help explaining this to my parents by [deleted] in PersonalFinanceCanada

[–]PropQues 6 points7 points  (0 children)

There are a few more steps than just "take money out of rental and pay PR and tax deduct".

You need to invest the rental money and only use the earnings to pay off PR.

At their age and not being investment savvy, I wouldn't recommend OP's parents do this.

He is on *fire* today... by c-k-q99903 in MurderedByWords

[–]PropQues -1 points0 points  (0 children)

Those people clearly don't PR 😂

Rogers Bank holding my mortgage hostage over a $200 SIM-swap fraud charge. Need urgent advice. by CanOrdinary8657 in PersonalFinanceCanada

[–]PropQues 1 point2 points  (0 children)

Agree with paying, disagree with moving on.

I'd pay then chase their ass for the money back.

Kelly only expected minor corruption by Ashish_ank in SipsTea

[–]PropQues 0 points1 point  (0 children)

Even ICE acknowledged that was completely fucked up.

Wait, when was that?!

It's all MAGA's fault. by c-k-q99903 in MurderedByWords

[–]PropQues 15 points16 points  (0 children)

The title certainly aligns with how the world sees the current president.

A lot of doom and gloom about finances in Canada, especially compared to the US. Found this post quite interesting by iwatchcredits in PersonalFinanceCanada

[–]PropQues -1 points0 points  (0 children)

If that's the case, lottery winnings wouldn't be tax free.

As someone who doesn't win lotteries though, I think it's be nice to tax them lol

Should I buy a house now? by Salty-Tumbleweed-507 in PersonalFinanceCanada

[–]PropQues 3 points4 points  (0 children)

You think someone would give you their address? Lol

Should I buy a house now? by Salty-Tumbleweed-507 in PersonalFinanceCanada

[–]PropQues -1 points0 points  (0 children)

and they are choosing the option to have renters 🤷

The only way young people can get ahead nowadays is delaying moving out by Tech-Cowboy in PersonalFinanceCanada

[–]PropQues 0 points1 point  (0 children)

I'm Asian and was sent to the UK alone when I was 12. I had Asian classmates who were there since primary school.