Harry Potter and the Chamber of Compound Interest

Harry Potter and the Chamber of Compound Interest

Compound InterestYou know what drives me crazy? The completely inferior education being given to those talented children enrolled in Hogwarts School of Witchcraft and Wizardry.

Yes. They are magic children, but does that mean that they don’t need any training in language or math? Does science cease to be relevant if you can conjure matter out of thin air…. Or does it just get super interesting?

And the subjects they do take… what jobs are they being prepared for? Why is care of magical creatures REQUIRED for the first 3 years?! That has senior elective written all over it.

What they should really be teaching is the kind of practical magic that they’ll use every day of their adult lives.

Like the magic of compound interest.

You can believe me or not, but something that outwardly may seem pretty mundane is just as magic as anything you’d learn in a charms class.

Don’t believe me… well let’s start with some basics. (more…)

the SUPER BASIC story of Canadian Income Tax

the SUPER BASIC story of Canadian Income Tax

Canadian Income Tax

There are a lot of things to know when it comes to taxes. So it’s easy to get overwhelmed.

But don’t be!! On the surface, taxes seem weird and boring.. but I promise, knowing the basics about how they work can be really useful!

Also. Taxes are kind of fun… not like “sit-down-in-front-of-the-fire-with-a-drink-and-a-copy-of-the-tax-code” fun, but like “I-find-that-interesting-and-see-how-it-applies-to-my-life” kind of fun…

Okay. So just because I think they’re fun doesn’t mean you will, but we’re all going to be paying taxes for the rest of our lives. And for the artist/freelancer types, understanding how taxes work is really important to your business.

Most importantly, knowing how much tax the government wants from you, and ways that you can lower that amount… will save you sweet sweet dollars.

And honestly, it’s pretty easy…. Not the crazy parts (that’s why you find an accountant who just loves the stuff… like my accountant (who is awesome))…. But the basics.

Seriously. When I say it’s easy, I am speaking to the lowest bar possible. Me. I knew nothing. I mean … nothing. It’s amazing to me how much education I managed to pick up and still completely avoid any real knowledge about taxes. I honestly don’t know if that was because no one ever talked about it, or whether it was due to my amazing skills of avoidance and denial.

But now I know a little more, and it really helps.

Mainly I think it’s cool to know how it all works. You want to be cool… don’t you?

Of course you do.

So take a deep breath, and get just a little bit excited.

I promise… it’s going to be fun! (more…)