Tag Archives: tips

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Installing Moldings

You’re on a tight budget and changing your home decor is not a possibility right now. Did you think about molding? It’s cheap, easy to install and it can transform the entire appearance of a room. Here are a few tips.

  • There is a variety of decorative moldings out there, not to mention various types of wood. Take the time to research: ask vendors, search the Internet or look through books at your local library.
  • To install baseboard molding, take the time to find all the studs behind the wall and mark them as you please. That’s where you’ll nail the baseboard and the moldings will fit snugly together.
  • Do you have to remove old molding? With a flat tool, pry the molding away from the wall by sliding the tool between the stud and the molding.
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  • Identify the areas where the floor is uneven before you install the moldings to avoid unpleasant surprises along the way.

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Helpful tips from BMO Bank of Montreal

Take it or toss it? Six ways to decide what goes or stays before you move

Packing is a great opportunity to purge.

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Squeezing all your belongings into boxes may not be a fun way to spend your free time before you move. But, packing can provide the perfect chance to weed out any extra belongings, and start fresh.

Before you wrap up a single cereal bowl or framed photo, try the following tips to avoid moving a ton of unnecessary items into your new home. Continue reading

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The savings ladder

Here’s a strategy to maximize your savings that requires minimal effort over a two- to three-year cycle.

Sophie Sylvain recommends using the savings ladder, a strategy to maximize your savings that requires minimal effort over a two- to three-year cycle.

Here’s an example based on an annual income of $55,000. You can do the same thing with a smaller amount.

  • 2013: You invest $3,000 in Capital régional et coopératif Desjardins (CRCD).
  • 2014: You put your $1,350 provincial tax credit in your RRSP (45% credit) right away.
  • 2015: Your RRSP contribution gets you a tax refund of about $518, which you put into your TFSA.

Result: The $3,000 investment is now worth $4,868, not counting the return on your investments.

CRCD shares too risky for you?

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Start building your ladder with a $3,000 contribution to your RRSP, then put the tax refund ($1,151) in your TFSA. In two years you will have $4,151.

Slight variation: Instead of contributing to your TFSA, put it all in an RESP to take advantage of government grants.

To find out more about savings, visit https://www.desjardins.com/ca/personal/savings-investment/.

Gilles Drouin | Journalist
Source:
www.desjardins.com/co-opme

Photos: iStock

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Wine cellar and wine cave

Wine is suitable for all seasons, but during the rigours of fall and winter, it provides a warmth that is unique to it. During these times, it has the gift of reconciling us with life. Not surprising that lovers of good wine reserve a specific place for it.

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Some people store it in their closet. Sacrilegious? Not at all. Good bottles of wine can be stored anywhere, as long as it is cool, devoid of light, has an ambient temperature between 10 and 15 degrees and 55% to 80% humidity. Warning! All these conditions must be respected to the letter, all year long. Wine is delicate and sensitive to changes in temperature. It needs stability. The slightest change can alter it.

To ensure this stability, some wine enthusiasts resort to a mini-air conditioner, a humidifier, a wine cooler, and other devices after having consulted a wine specialist.

There are two other mandatory conditions: the wine must be free from any vibration and the air it breathes must be pure. Therefore, you should avoid storing it in the garage. Continue reading

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Helpful tips from BMO Bank of Montreal

Buying your first home as a couple? Check out these six tips.

Become a savvy home-buying duo.

Are you and your partner gearing up to be first-time homebuyers? You aren’t alone.

With real estate prices on the rise, taking on a mortgage payment as a couple may be more realistic than attempting to buy independently.

You may also find the process intimidating ― but fear not. Take note of these six tips that will help you and your partner be properly equipped to make the biggest purchase of your life: Continue reading