He mortgaged his house to see a movie

George Harrison. Photo : Steve Mathieson (Wikipedia)

We’ve often heard of filmmakers and producers who mortgage their homes to complete their oft-dreamed-about movie. Financing is a chronic problem in the art world. But for a musician to mortgage his home to see a movie that an experienced producer declares a big risk? Pretty rare indeed!

Here’s the story.

Perhaps you recognized him.  It’s George Harrison, of the Beatles. Continue reading

RRSP, TFSA and HBP: which one is the best strategy when it comes to buying your first home?

Source: iStockphoto LP

The Tax-Free Savings Account (TSFA) is frequently recommended to young people as the savings vehicle of choice if they earn a low income at the start of their careers. As a result, these young people have a low deduction rate for an RRSP contribution, so it is better for them to contribute to a TFSA. Later, when they are earning more, it will be more advantageous for them to transfer the money from their TFSA to an RRSP.

But when it comes to buying a home, should these young people transfer the money they have accumulated in their TFSA to an RRSP[1] and use the Home Buyers’ Plan (HBP) strategy? Continue reading

Hidden treasure!

Source: iStockphoto LP

In one of the older rooms of your house, you may have 12 in. x 12 in. acoustic tiles (pressed cardboard) as a ceiling. These tiles were ultra popular in basements in the 70s.

You’ve decided to cover the ceiling with drywall panels (plasterboard), but your curious nature leads you to ask if the original ceiling would be recoverable.

And you find a tongue and groove plank ceiling. Good news: it’s in good shape.

So what can you do to give it a second life? Continue reading

Update your decor in no time

Source : DeSerres.ca

On a chilly winter night, you’re enjoying the comfort of your living room to relax and finish reading a novel. But your mind is wandering and you start looking around the room. You realize that it’s been awhile since you changed the decor. A little makeover would perk things up.

However, your budget restrains your creative impulses. That’s okay: wall decals—adhesive wall decorations—can enhance your decor without breaking your piggy bank.

Imagine the entire wall of a living room covered with wallpaper of a sunset. Today, this mural is available in the form of a decal. It’s easier to install than wallpaper, so it’s faster.  What’s not to like? Continue reading