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Chilling out in Summer

Summer Time

Summer, a wonderful time of the year, to go to the beach or swimming pool, it is a time when exercising all year pays off, when people are not ashamed period. Everyone joins in, young and old enjoy their summer till the end. The days are long and nothing beats staying outside till late in the day and you still have the sun up, it is truly a wonderful feeling.

Yet, there are those that are stuck at work, or have to take care of something, an errand maybe or some early morning task or even worse mid day. What can they do to stay cool during that time.

Chilling Out

Staying cool in Summer is not an easy task, with all the heat and sun going on around you. Now I know this might sound obvious, but stay out from under the Sun. Stay in the shade people, I cannot stress this enough. If you can’t find a nice shade to stand under or walk under; wear a slightly wet hat. Now is not the time to worry too much about fashion or style, it’s alright. If you want, you can even walk with an umbrella.

Always carry with you a nice cool icy bottle of water, nothing beats this during a nice hot day. If you are outside and engaged in a lot of physical activity, all I can offer in advice is stop. You have three fourth of the year to occupy yourself in strenuous activity, do you have to do it now?

When it becomes extremely hot, try dipping your extremities (Feet or hand) in a bucket of icey water. Your hands and feet act like heat sinks for your body, cooling those down will cool you down.

Try to make sure that that you have loose fitting light colored cotton clothes, the idea behind that is light colors reflect the sun light while darker colors absorb it. I say hogwash, to heck with physics, either or, its too dang hot. The only time you need a chore done during summer, is If you have a garden that needs watering, I highly recommend doing that, this is a good excuse to actually wet yourself as a grown up outside.

If you are the sweaty type, don’t worry too much about it. This is actually good for you in the heat, you can always carry a bottle of water and splash yourself with it every once in while, this gives you a good excuse for that wet look. Don’t wear sleeveless shirts though, nothing looks more gross than sweaty armpits, wet or not.

If you have access to a supermarket, walk slowly around the fridge sections, you don’t have to actually buy anything. Just enjoy the air conditioning and cool breeze. Malls and shops work as well, enjoy your time in there for as long as possible.

The hottest time during the day is from 12 pm to around 3 pm. This is when the sun is closest and hence the heat, if you are outside at this time, then you are an idiot. Go back indoors and wait it out, better if you can sleep it off in a nice shady spot.

Stay cool people and enjoy your summer.

Why your last Job is like your Ex

There is a period of time when you separate from your significant other that you feel remorse  for leaving them, you look at their pictures and feel the regret, you think you will never find that connection again with anyone else and  when you see them, they seem to be having more fun without you. You think of calling them and begging them to take you back. You know it’s bad for you, the relationship never worked out and yet we look back at the good old days, always thinking that maybe we would be better off with them. Maybe just maybe they would take you back.

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Banks, Taxes and Credit score in Canada

Sat today with a Bank consultant, who explained to me the in’s and out’s of banking, taxes and all the financial advice you can think of, first things first, build a credit history, get a credit card and pay it off every month on time.

Second thing is get a job, easier said than done, first off in Montreal you need french, most employers want you to be able to speak and deal with different people, which most of the time are people who speak french, but it is possible, if you don’t speak french, the province of Quebec can give you free french lessons, just apply and everything will be good. Once you have a job and a steady income, you rating will increase.

Thirdly, pay off your bills using the credit card or bank directly, this establishes a good point of information collection, the bank is your best bet for establishing the credit history, and always pay off your credit card bills when they reach 30% of the limit.

Fourth, don’t ever over spend, no matter the temptation, be smart and thrifty. My guess is if you have the option of credit cards, don’t use too many over your limit. You will spend more and more until you start over spending, and this is a big no no.

Now, you have a bank account and a credit card, open a Tax free Saving account (TFSA), the government of Canada established the initiative of savings, so through your Bank you can open a TFSA  where every year you can add to it $5,000 starting retroactively from 2008, so in 2011 you can save $15,000 tax free. The idea is that any income from a normal savings account is counted towards your taxable income.

Oh, did I mention that your taxable income can go up to 48% depending on your income if you make over $100 grand a year.

My best recommendation is; know your options, talk to your bank first, or tax lawyer.