6 Ways Businesses Can Use Money Wisely + MORE Nov 19th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Over the last four years, it has become increasingly clear that stock market investors don’t care at all about what’s going on in the world.  Right now, America, the world’s largest economy, is entirely devoid of leadership. You would think that having a president who brushes off a brutal pan.... More »
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Expedia for TD: How to maximize your TD rewards credit cardYou’ve surely heard of travel site Expedia, and you’ve heard of TD Bank. But have you ever booked travel through the Expedia for TD website? The program, which marries the travel service with the banking brand, delivers substantial earnings and deals to travellers who book through their branded portal and pay with a TD credit card. Let’s take a look at how the program works, and how to reap the most rewards.
About Expedia for TD
Expedia for TD is a segment of the TD Rewards environment, so the “currency” you’re collecting is TD Points that can be redeemed for merchandise, gift cards, cash and, importantly, travel. One of the major benefits of the TD travel program is that it’s flexible. It allows you to book your flights, hotels, cruises and excursions through any provider you choose and use your points against the expense, even up to 90 days after your purchase.
When you log into Expedia for TD, you’ll see a TD-branded version of the Expedia site. Here, you can redeem your TD Points for flights, hotels, car rentals and more, but the real incentives come by way of redemption rate, flexibility and earnings…

Continue Reading On moneysense.ca »

6 Ways Businesses Can Use Money WiselyOf the many moving parts that go into running a business, the financial structure is arguably the most important one to manage. This stems from the fact that this structure is what dictates in what direction business can go. Also, it dictates how quickly they can go in that direction. For example, if a business has the goal of expanding to a new market, the amount of financial backing they have will determine when they can do so when it’s most efficient or if they can do it at all. This is just a small example of the many processes the financial structure of a business dictates. Other notable processes include payroll amount, the number of business expenses they can acquire, and other similar financial obligations. As for how a business can better manage this structure, that will mostly come through their cash flow.
More specifically, businesses have to balance having enough funds to cover these obligations with other processes through an industry that tends to provide inconsistent revenue sources…

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