How to save money during the COVID-19 pandemic

How to save money during the COVID-19 pandemic


Are you scrambling to pay bills or your mortgage?


- defer your mortgage up to six months

- if you have a traditional mortgage you can actually skip a payment without penalty

- look into reward points in order to use “some of those points to pay back your credit cards.”

- look through your gift cards, subscriptions and anywhere you can cut back


- change car insurance over to personal use under 15km

- set yourselves up for the Canada Emergency Response Benefit by going to the CRA website. This is $2000 per month for Canadians whose livelihoods have been affected by COVID-19.

- RRSPs should be a last resort







Comments:
No comments

Post Your Comment:

Categories
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.